Deutsche High Income Trust
KHI
KHI was delisted on the 4th of November, 2016.
33 hedge funds and large institutions have $33.4M invested in Deutsche High Income Trust in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
8% more capital invested
Capital invested by funds: $31M → $33.4M (+$2.42M)
3% more funds holding
Funds holding: 32 → 33 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.56M |
| 2 |
LPL Financial
San Diego,
California
|
+$536K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$235K |
| 4 |
SG Americas Securities
New York
|
+$143K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$1.57M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$155K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$70.1K |
| 4 |
Morgan Stanley
New York
|
-$50.3K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$44.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $14K | +$3.16K | +394 | +28% |
|
27
Creative Planning
Overland Park,
Kansas
| $13K | – | – | – |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $12K | – | – | – |
|
|
AFP
29
Ausdal Financial Partners
Davenport,
Iowa
| $12K | +$12K | +1,500 | New |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $8K | +$8.35K | +1,040 | New |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | – | – | – |
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $3K | – | – | – |
|
|
WAM
33
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $3K | +$2.95K | +367 | New |
|
|
CC
34
Carlson Capital
Dallas,
Texas
| – | -$1.57M | -200,000 | Closed |
|
|
FMII
35
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$20K | -2,491 | Closed |
|
|
BFEC
36
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$9K | -1,125 | Closed |
|
|
WAM
37
Wolverine Asset Management
Chicago,
Illinois
| – | -$5K | -674 | Closed |
|
KHI Hedge Fund Activity: Q4 2015 in Review
33 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Deutsche High Income Trust (KHI) for Q4 2015, worth a combined $33.4M — up 7.8% from $31M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new KHI positions and 5 closed out — a net gain of 1 holder — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.56M. The largest seller was Carlson Capital, exiting entirely with an estimated $1.57M sold.
- 33 institutional investors held Deutsche High Income Trust (KHI) as of Q4 2015, up from 32 in Q3 2015.
- Funds reported $33.4M of Deutsche High Income Trust stock for Q4 2015, up 7.8% quarter-over-quarter.
- 6 funds opened new Deutsche High Income Trust positions in Q4 2015 and 5 closed out, a net change of +1 holder.
- The largest Deutsche High Income Trust buyer in Q4 2015 was Saba Capital Management, an estimated $2.56M added.
- The largest Deutsche High Income Trust seller in Q4 2015 was Carlson Capital, an estimated $1.57M sold.
Based on aggregated 13F filings for Q4 2015.