Deutsche High Income Trust
KHI
KHI was delisted on the 4th of November, 2016.
31 hedge funds and large institutions have $23.9M invested in Deutsche High Income Trust in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
16% more capital invested
Capital invested by funds: $20.7M → $23.9M (+$3.23M)
11% more funds holding
Funds holding: 28 → 31 (+3)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.15M |
| 2 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
+$623K |
| 3 |
KSCM
Kamunting Street Capital Management
Miami Beach,
Florida
|
+$219K |
| 4 |
SG Americas Securities
New York
|
+$192K |
| 5 |
SI
SII Investments
Appleton,
Wisconsin
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$185K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$184K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$150K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$61.3K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$47K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $14K | – | – | – |
|
27
Citigroup
New York
| $4K | -$715 | -76 | -16% |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $4K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $3K | -$1.69K | -180 | -38% |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | – | – | – |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| $2K | +$1.88K | +200 | New |
|
|
32
Creative Planning
Overland Park,
Kansas
| – | -$47K | -4,987 | Closed |
|
|
MA
33
MUFG Americas
New York
| – | -$17K | -1,832 | Closed |
|
|
WA
34
WFG Advisors
Dallas,
Texas
| – | -$2K | -172 | Closed |
|
35
Barclays
London,
United Kingdom
| – | -$1K | -61 | Closed |
|
KHI Hedge Fund Activity: Q2 2014 in Review
31 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Deutsche High Income Trust (KHI) for Q2 2014, worth a combined $23.9M — up 16% from $20.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new KHI positions and 4 closed out — a net gain of 3 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.15M. The largest seller was Rivernorth Capital Management, cutting an estimated $185K.
- 31 institutional investors held Deutsche High Income Trust (KHI) as of Q2 2014, up from 28 in Q1 2014.
- Funds reported $23.9M of Deutsche High Income Trust stock for Q2 2014, up 16% quarter-over-quarter.
- 7 funds opened new Deutsche High Income Trust positions in Q2 2014 and 4 closed out, a net change of +3 holders.
- The largest Deutsche High Income Trust buyer in Q2 2014 was Saba Capital Management, an estimated $2.15M added.
- The largest Deutsche High Income Trust seller in Q2 2014 was Rivernorth Capital Management, an estimated $185K sold.
Based on aggregated 13F filings for Q2 2014.