Deutsche High Income Trust
KHI
KHI was delisted on the 4th of November, 2016.
29 hedge funds and large institutions have $28M invested in Deutsche High Income Trust in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 8 closing their positions.
10% more capital invested
Capital invested by funds: $25.5M → $28M (+$2.48M)
6% less funds holding
Funds holding: 31 → 29 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.43M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$1.38M |
| 3 |
SCM
Saba Capital Management
New York
|
+$1.15M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$444K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$168K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$726K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$610K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$578K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$517K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$450K |
| 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 | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $1K | +$534 | +60 | New |
|
|
WAM
30
Wolverine Asset Management
Chicago,
Illinois
| – | -$517K | -59,261 | Closed |
|
|
31
AQR Capital Management
Greenwich,
Connecticut
| – | -$450K | -51,580 | Closed |
|
|
SFS
32
Shaker Financial Services
Arlington,
Virginia
| – | -$164K | -18,800 | Closed |
|
|
LCM
33
Landscape Capital Management
Englewood,
New Jersey
| – | -$137K | -15,655 | Closed |
|
|
ACM
34
Argentus Capital Management
Dallas,
Texas
| – | -$124K | -14,168 | Closed |
|
35
SG Americas Securities
New York
| – | -$103K | -11,829 | Closed |
|
|
KSCM
36
Kamunting Street Capital Management
Miami Beach,
Florida
| – | -$100K | -11,427 | Closed |
|
|
AIG
37
American International Group
New York
| – | -$15.3K | -1,750 | Closed |
|
KHI Hedge Fund Activity: Q1 2015 in Review
29 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Deutsche High Income Trust (KHI) for Q1 2015, worth a combined $28M — up 9.7% from $25.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of KHI and 6 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 6 added.
The largest buyer was BNP Paribas Financial Markets, opening a new position worth an estimated $2.43M. The largest seller was City of London Investment Management, cutting an estimated $726K.
- 29 institutional investors held Deutsche High Income Trust (KHI) as of Q1 2015, down from 31 in Q4 2014.
- Funds reported $28M of Deutsche High Income Trust stock for Q1 2015, up 9.7% quarter-over-quarter.
- 6 funds opened new Deutsche High Income Trust positions in Q1 2015 and 8 closed out, a net change of -2 holders.
- The largest Deutsche High Income Trust buyer in Q1 2015 was BNP Paribas Financial Markets, an estimated $2.43M added.
- The largest Deutsche High Income Trust seller in Q1 2015 was City of London Investment Management, an estimated $726K sold.
Based on aggregated 13F filings for Q1 2015.