Deutsche High Income Trust
KHI
KHI was delisted on the 4th of November, 2016.
29 hedge funds and large institutions have $38.5M invested in Deutsche High Income Trust in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
10% more capital invested
Capital invested by funds: $35M → $38.5M (+$3.54M)
7% more funds holding
Funds holding: 27 → 29 (+2)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.01M |
| 2 |
OTC
Opera Trading Capital
Paris,
France
|
+$1.91M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$809K |
| 4 |
Citigroup
New York
|
+$605K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$589K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$4.4M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$584K |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$335K |
| 4 |
LPL Financial
San Diego,
California
|
-$216K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$110K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $20K | +$19.5K | +2,233 | New |
|
27
Creative Planning
Overland Park,
Kansas
| $19K | +$4.36K | +500 | +30% |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $13K | – | – | – |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | +$9 | +1 | +1% |
|
|
COLIM
30
City of London Investment Management
London,
United Kingdom
| – | -$4.4M | -518,246 | Closed |
|
|
RJA
31
Raymond James & Associates
St Petersburg,
Florida
| – | -$110K | -13,001 | Closed |
|
|
AA
32
AQR Arbitrage
Greenwich,
Connecticut
| – | -$109K | -12,860 | Closed |
|
|
AIG
33
American International Group
New York
| – | -$26K | -3,150 | Closed |
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -100 | Closed |
|
KHI Hedge Fund Activity: Q2 2016 in Review
29 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Deutsche High Income Trust (KHI) for Q2 2016, worth a combined $38.5M — up 10% from $35M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new KHI positions and 5 closed out — a net gain of 2 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $4.01M. The largest seller was City of London Investment Management, exiting entirely with an estimated $4.4M sold.
- 29 institutional investors held Deutsche High Income Trust (KHI) as of Q2 2016, up from 27 in Q1 2016.
- Funds reported $38.5M of Deutsche High Income Trust stock for Q2 2016, up 10% quarter-over-quarter.
- 7 funds opened new Deutsche High Income Trust positions in Q2 2016 and 5 closed out, a net change of +2 holders.
- The largest Deutsche High Income Trust buyer in Q2 2016 was Sit Investment Associates, an estimated $4.01M added.
- The largest Deutsche High Income Trust seller in Q2 2016 was City of London Investment Management, an estimated $4.4M sold.
Based on aggregated 13F filings for Q2 2016.