Deutsche High Income Trust
KHI
KHI was delisted on the 4th of November, 2016.
31 hedge funds and large institutions have $30.5M invested in Deutsche High Income Trust in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
9% more capital invested
Capital invested by funds: $28M → $30.5M (+$2.54M)
7% more funds holding
Funds holding: 29 → 31 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.89M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.13M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$785K |
| 4 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
+$641K |
| 5 |
SCM
Saba Capital Management
New York
|
+$418K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.42M |
| 2 |
Citigroup
New York
|
-$159K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$148K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$141K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$137K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $17K | +$16.9K | +1,899 | +3,165% |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $16K | – | – | – |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $13K | – | – | – |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $4K | – | – | – |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | +$2.22K | +250 | +87% |
|
|
31
Citigroup
New York
| $1K | -$159K | -17,955 | -99% |
|
|
32
BNP Paribas Financial Markets
Paris,
France
| – | -$2.42M | -272,741 | Closed |
|
|
CA
33
Cornerstone Advisors
Asheville,
North Carolina
| – | -$148K | -16,670 | Closed |
|
34
Creative Planning
Overland Park,
Kansas
| – | -$15K | -1,650 | Closed |
|
KHI Hedge Fund Activity: Q2 2015 in Review
31 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Deutsche High Income Trust (KHI) for Q2 2015, worth a combined $30.5M — up 9.1% from $28M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new KHI positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.89M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $2.42M sold.
- 31 institutional investors held Deutsche High Income Trust (KHI) as of Q2 2015, up from 29 in Q1 2015.
- Funds reported $30.5M of Deutsche High Income Trust stock for Q2 2015, up 9.1% quarter-over-quarter.
- 5 funds opened new Deutsche High Income Trust positions in Q2 2015 and 3 closed out, a net change of +2 holders.
- The largest Deutsche High Income Trust buyer in Q2 2015 was Rivernorth Capital Management, an estimated $2.89M added.
- The largest Deutsche High Income Trust seller in Q2 2015 was BNP Paribas Financial Markets, an estimated $2.42M sold.
Based on aggregated 13F filings for Q2 2015.