Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

WESTERN ASSET HIGH INCOM FD (HIX)

87 + Investors. Track Smart Money conviction in HIX. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +13
Streak
1Q ▲
Buyers last Q
61%

Smart Money Signals — HIX

Based on 87 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added HIX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
87 hedge funds hold HIX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +23% more funds vs a year ago

fund count last 6Q
+16 new funds entered over the past year (+23% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 61% buying

47 buying30 selling
Last quarter: 47 funds were net buyers (22 opened a brand new position + 25 added to an existing one). Only 30 were sellers (21 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+15 vs last Q)

new funds entering per quarter
Funds opening a new HIX position: 17 → 15 → 7 → 22. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

48% of holders stayed for 2+ years

48% conviction (2yr+) 23% medium 29% new
42 out of 87 hedge funds have held HIX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +9%, value -78%

Value
-78%
Shares
+9%
Last quarter: funds added +9% more shares while total portfolio value only changed -78%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~22 new funds/quarter

17 → 17 → 15 → 7 → 22 new funds/Q
New funds entering each quarter: 17 → 15 → 7 → 22. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 56% of holders stayed 2+ years

56% veterans 8% 1-2yr 36% new
Of 87 current holders: 49 (56%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds
10 of 87 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in HIX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: HIX

How many hedge funds hold HIX — quarterly history vs. share price
Quarterly hedge fund ownership of HIX vs. share price

Market Analysis: HIX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HIX

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

10 top-rated funds 1 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: HIX
2026 Q1 Stats Unlock in 13 days 87 + Investors

Track Smart Money conviction in HIX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 87 74 17.57%
13F Shares 17M 16M 9.41%
Total Value $73M $333M -78.19%
New Positions 22 7 +15
Increased Positions 25 29 -4
Closed Positions 9 13 -4
Reduced Positions 21 17 +4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HIX

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Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

87 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in HIX. Verified SEC 13F-HR filings.

Top 25 institutional holders of HIX — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 GraniteShares Advisors LLC 1.71% 595,740 $2.4M
2 MELFA WEALTH MANAGEMENT, INC. 0.29% 126,446 $503K
3 Total Wealth Planning & Management, Inc. 0.23% 78,862 $314K
4 NWF Advisory Services Inc. 0.21% 456,440 $1.8M
5 AEGON USA Investment Management, LLC 0.19% 60,614 $241K
6 Sage Capital Advisors,llc 0.07% 74,055 $295K
7 Sunpointe, LLC 0.05% 36,411 $145K
8 MRA Advisory Group 0.04% 27,099 $108K
9 STEINBERGANNA WEALTH MANAGEMENT 0.04% 21,011 $84K
10 ACCREDITED INVESTOR SERVICES, LLC 0.03% 11,172 $44K
11 ABSOLUTE INVESTMENT ADVISERS, LLC 0.02% 52,624 $209K
12 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.02% 41,024 $163K
13 OPPENHEIMER & CO INC 0.01% 217,790 $867K
14 Shulman DeMeo Asset Management LLC 0.01% 10,885 $43K
15 Integrated Advisors Network LLC 0.01% 40,435 $161K
16 World Investment Advisors 0.01% 100,512 $400K
17 SeaCrest Wealth Management, LLC 0.01% 14,888 $59K
18 FULTON BREAKEFIELD BROENNIMAN LLC 0.01% 22,800 $91K
19 United Asset Strategies, Inc. 0.01% 16,836 $67K
20 PFG Investments, LLC 0.00% 22,066 $88K
21 Chicago Partners Investment Group LLC 0.00% 44,043 $179K
22 WPG Advisers, LLC 0.00% 1,054 $4K
23 UBS Group AG 0.00% 4,041,130 $16.1M
24 Apollon Wealth Management, LLC 0.00% 33,675 $134K
25 WOLVERINE ASSET MANAGEMENT LLC 0.00% 56,580 $225K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — WESTERN ASSET HIGH INCOM FD (HIX)

What does the Smart Money Trend signal show for HIX?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added HIX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for HIX?

More buyers than sellers — 61% buying: Last quarter: 47 funds were net buyers (22 opened a brand new position + 25 added to an existing one). Only 30 were sellers (21 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for HIX holders?

Elite ownership — 55% AUM from top-100 funds: 10 of 87 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in HIX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held HIX?

48% of holders stayed for 2+ years: 42 out of 87 hedge funds have held HIX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.