Deutsche High Income Trust
KHI
KHI was delisted on the 4th of November, 2016.
29 hedge funds and large institutions have $23.1M invested in Deutsche High Income Trust in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 5 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
3% less capital invested
Capital invested by funds: $23.9M → $23.1M (-$804K)
6% less funds holding
Funds holding: 31 → 29 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.21M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$253K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$63.4K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$63.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$55.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
-$623K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$224K |
| 3 |
SG Americas Securities
New York
|
-$192K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$107K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$84.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $13K | – | – | – |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $4K | – | – | – |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | – | – | – |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| $2K | – | – | – |
|
|
VHAM
30
Van Hulzen Asset Management
El Dorado Hills,
California
| – | -$623K | -66,200 | Closed |
|
|
31
SG Americas Securities
New York
| – | -$192K | -20,450 | Closed |
|
|
TC
32
TFS Capital
West Chester,
Pennsylvania
| – | -$107K | -11,366 | Closed |
|
|
AAM
33
Advisors Asset Management
Monument,
Colorado
| – | -$24K | -2,535 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$3K | -300 | Closed |
|
KHI Hedge Fund Activity: Q3 2014 in Review
29 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Deutsche High Income Trust (KHI) for Q3 2014, worth a combined $23.1M — down 3.4% from $23.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of KHI and 3 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 9 added.
The largest buyer was Saba Capital Management, adding an estimated $1.21M. The largest seller was Van Hulzen Asset Management, exiting entirely with an estimated $623K sold.
- 29 institutional investors held Deutsche High Income Trust (KHI) as of Q3 2014, down from 31 in Q2 2014.
- Funds reported $23.1M of Deutsche High Income Trust stock for Q3 2014, down 3.4% quarter-over-quarter.
- 3 funds opened new Deutsche High Income Trust positions in Q3 2014 and 5 closed out, a net change of -2 holders.
- The largest Deutsche High Income Trust buyer in Q3 2014 was Saba Capital Management, an estimated $1.21M added.
- The largest Deutsche High Income Trust seller in Q3 2014 was Van Hulzen Asset Management, an estimated $623K sold.
Based on aggregated 13F filings for Q3 2014.