Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Western Asset High Yield Opp (HYI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
51%

Smart Money Signals — HYI

Based on 45 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their HYI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 79% of 3.0Y peak

79% of all-time peak
45 funds currently hold this stock — 79% of the 3.0-year high of 57 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 18% fewer funds vs a year ago

fund count last 6Q
10 fewer hedge funds hold HYI compared to a year ago (-18% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 51% buying

23 buying22 selling
Last quarter: 23 funds bought or added vs 22 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 9 → 8 → 15 → 6. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 22% medium ■ 29% new
22 out of 45 hedge funds have held HYI 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 +5%, value -99%

Value
-98%
Shares
+4%
Last quarter: funds added +5% more shares while total portfolio value only changed -99%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~6 new funds/quarter

8 → 9 → 8 → 15 → 6 new funds/Q
New funds entering each quarter: 9 → 8 → 15 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 62% veterans vs 24% newcomers

■ 62% veterans ■ 13% 1-2yr ■ 24% new
Entry-cohort mix of 45 holders: 28 (62%) are 2+ year veterans, 6 entered 1–2 years ago, and 11 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 13% AUM from top-100

13% from top-100 AUM funds
9 of 45 holders rank in the top 100 by AUM, but together hold only 13% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.7
out of 10
Low Exit Risk
Exit risk score 2.7/10 — 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.

Institutional Sentiment Summary — HYI

In 2026 Q1, 23 hedge funds were net buyers of HYI (6 opened a new position, 17 added to an existing one), while 22 reduced or exited (15 trimmed, 7 sold completely) — a 51% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 45.

Hedge Fund Ownership: HYI

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

Market Analysis: HYI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HYI

-- --

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

Is It Too Late to Buy Western Asset High Yield Opp (HYI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HYI has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 89d ago
HYI
-1.3%
XLF
+0.0%

HYI outperformed XLF by -1.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 44d ago
HYI
-0.4%
XLF
+0.0%

Since the filing became public, HYI outperformed XLF by -0.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: HYI
45 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 45 46 -2.17%
13F Shares 4M 3M 4.88%
Total Value $38M $2.77B -98.62%
New Positions 6 15 -9
Increased Positions 17 15 +2
Closed Positions 7 12 -5
Reduced Positions 15 12 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HYI

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
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Institutional Holders (2026 Q1)

45 + investors

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

QUARTER:
Top 25 HYI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Shaker Financial Services, LLC 1.02% 273,559 $2.9M
2 Uncommon Cents Investing LLC 0.73% 295,495 $3.2M
3 TFB Advisors LLC 0.47% 83,538 $892K
4 Absolute Investment Advisers, LLC 0.31% 245,966 $2.6M
5 Logan Stone Capital, LLC 0.27% 90,273 $964K
6 Everstar Asset Management, LLC 0.25% 44,105 $471K
7 Quarry LP 0.19% 98,077 $1.0M
8 E&G Advisors, LP 0.15% 63,221 $675K
9 1607 Capital Partners, LLC 0.15% 190,284 $2.0M
10 MRA Advisory Group 0.06% 12,914 $138K
11 Hara Capital LLC 0.06% 10,400 $111K
12 Huntleigh Advisors, Inc. 0.04% 21,297 $227K
13 Kanen Wealth Management LLC 0.04% 10,000 $107K
14 Guggenheim Capital LLC 0.03% 399,078 $4.3M
15 Ionic Capital Management LLC 0.03% 35,698 $381K
16 Quest 10 Wealth Builders, Inc. 0.03% 2,929 $31K
17 Wolverine Asset Management LLC 0.02% 236,872 $2.5M
18 RVW Wealth, LLC 0.02% 27,623 $295K
19 Readystate Asset Management LP 0.02% 37,210 $397K
20 Capital Investment Advisors, LLC 0.02% 90,745 $969K
21 International Assets Investment Management, LLC 0.01% 9,155 $98K
22 Private Management Group Inc 0.00% 12,110 $129K
23 Rockefeller Capital Management L.P. 0.00% 173,763 $1.9M
24 Savvy Advisors, Inc. 0.00% 10,463 $112K
25 Private Trust Co NA 0.00% 2,959 $32K
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 Yield Opp (HYI)

What does the Smart Money Trend signal show for HYI?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their HYI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for HYI?

Slight buying edge — 51% buying: Last quarter: 23 funds bought or added vs 22 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for HYI holders?

Smaller funds dominant — 13% AUM from top-100: 9 of 45 holders rank in the top 100 by AUM, but together hold only 13% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held HYI?

49% of holders stayed for 2+ years: 22 out of 45 hedge funds have held HYI 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.

Is it too late to buy Western Asset High Yield Opp (HYI) following the 2026 Q1 hedge fund 13F filings?

As of today, HYI has moved -0.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.0% for the XLF sector ETF — an outperformance of -0.4%. Since the quarter end (March 31, 2026), HYI has gained -1.3% vs +0.0% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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