Deutsche High Income Trust
KHI
KHI was delisted on the 4th of November, 2016.
29 hedge funds and large institutions have $43.9M invested in Deutsche High Income Trust in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 7 closing their positions.
14% more capital invested
Capital invested by funds: $38.5M → $43.9M (+$5.43M)
0% more funds holding
Funds holding: 29 → 29 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$5.78M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.9M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.84M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$1.08M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$6.36M |
| 2 |
OTC
Opera Trading Capital
Paris,
France
|
-$2.19M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.04M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$559K |
| 5 |
Citigroup
New York
|
-$440K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAM
26
Advisors Asset Management
Monument,
Colorado
| $19K | -$559K | -61,340 | -97% |
|
27
Creative Planning
Overland Park,
Kansas
| $15K | -$4.55K | -500 | -23% |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
ASN
29
Advisory Services Network
Atlanta,
Georgia
| $1K | +$938 | +103 | New |
|
|
OTC
30
Opera Trading Capital
Paris,
France
| – | -$2.19M | -249,953 | Closed |
|
|
YMRC
31
Yorktown Management & Research Company
Forest,
Virginia
| – | -$1.04M | -118,000 | Closed |
|
|
HRC
32
Hoertkorn Richard Charles
| – | -$399K | -45,400 | Closed |
|
|
WAM
33
Weiss Asset Management
Boston,
Massachusetts
| – | -$382K | -43,550 | Closed |
|
|
GC
34
Guggenheim Capital
Chicago,
Illinois
| – | -$251K | -28,635 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$23K | -2,599 | Closed |
|
|
MFS
36
MSI Financial Services
Springfield,
Massachusetts
| – | -$13K | -1,500 | Closed |
|
KHI Hedge Fund Activity: Q3 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 Q3 2016, worth a combined $43.9M — up 14% from $38.5M a quarter earlier.
Fund positioning in KHI was balanced in Q3 2016: 7 funds opened new positions, 7 closed out, 5 added to existing stakes and 7 trimmed.
The largest buyer was Icon Advisers, adding an estimated $5.78M. The largest seller was Saba Capital Management, cutting an estimated $6.36M.
- 29 institutional investors held Deutsche High Income Trust (KHI) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $43.9M of Deutsche High Income Trust stock for Q3 2016, up 14% quarter-over-quarter.
- 7 funds opened new Deutsche High Income Trust positions in Q3 2016 and 7 closed out, a net change of 0 holders.
- The largest Deutsche High Income Trust buyer in Q3 2016 was Icon Advisers, an estimated $5.78M added.
- The largest Deutsche High Income Trust seller in Q3 2016 was Saba Capital Management, an estimated $6.36M sold.
Based on aggregated 13F filings for Q3 2016.