Deutsche High Income Trust
KHI
KHI was delisted on the 4th of November, 2016.
27 hedge funds and large institutions have $35M invested in Deutsche High Income Trust in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 8 closing their positions.
5% more capital invested
Capital invested by funds: $33.4M → $35M (+$1.58M)
18% less funds holding
Funds holding: 33 → 27 (-6)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$670K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$484K |
| 3 |
SCM
Saba Capital Management
New York
|
+$352K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$208K |
| 5 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
+$88.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$710K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$393K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$365K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$232K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$196K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | -$3.56K | -444 | -82% |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$803 | +100 | New |
|
|
LCM
28
Landscape Capital Management
Englewood,
New Jersey
| – | -$365K | -45,861 | Closed |
|
|
MIG
29
Mariner Investment Group
Harrison,
New York
| – | -$232K | -29,235 | Closed |
|
30
Goldman Sachs
New York
| – | -$150K | -18,867 | Closed |
|
31
SG Americas Securities
New York
| – | -$141K | -17,776 | Closed |
|
|
AFP
32
Ausdal Financial Partners
Davenport,
Iowa
| – | -$12K | -1,500 | Closed |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| – | -$8K | -1,040 | Closed |
|
34
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$3K | -500 | Closed |
|
|
WAM
35
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$3K | -367 | Closed |
|
KHI Hedge Fund Activity: Q1 2016 in Review
27 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Deutsche High Income Trust (KHI) for Q1 2016, worth a combined $35M — up 4.7% from $33.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of KHI and 2 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 6 added.
The largest buyer was Citigroup, adding an estimated $670K. The largest seller was LPL Financial, cutting an estimated $710K.
- 27 institutional investors held Deutsche High Income Trust (KHI) as of Q1 2016, down from 33 in Q4 2015.
- Funds reported $35M of Deutsche High Income Trust stock for Q1 2016, up 4.7% quarter-over-quarter.
- 2 funds opened new Deutsche High Income Trust positions in Q1 2016 and 8 closed out, a net change of -6 holders.
- The largest Deutsche High Income Trust buyer in Q1 2016 was Citigroup, an estimated $670K added.
- The largest Deutsche High Income Trust seller in Q1 2016 was LPL Financial, an estimated $710K sold.
Based on aggregated 13F filings for Q1 2016.