BrandywineGLOBAL Global Income Opportunities Fund
BWG
40 hedge funds and large institutions have $121M invested in BrandywineGLOBAL Global Income Opportunities Fund in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 11 reducing their positions, and 6 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 11
12% more capital invested
Capital invested by funds: $108M → $121M (+$12.9M)
1.06% more ownership
Funds ownership: 48.92% → 49.99% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 42 → 40 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.98M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$4.47M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.6M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.16M |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$677K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.21M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.02M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.85M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.11M |
BWG Hedge Fund Activity: Q2 2020 in Review
40 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in BrandywineGLOBAL Global Income Opportunities Fund (BWG) for Q2 2020, worth a combined $121M — up 12% from $108M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BWG and 4 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 19 added.
The largest buyer was Saba Capital Management, adding an estimated $7.98M. The largest seller was Rivernorth Capital Management, cutting an estimated $6.8M.
- 40 institutional investors held BrandywineGLOBAL Global Income Opportunities Fund (BWG) as of Q2 2020, down from 42 in Q1 2020.
- Funds reported $121M of BrandywineGLOBAL Global Income Opportunities Fund stock for Q2 2020, up 12% quarter-over-quarter.
- 4 funds opened new BrandywineGLOBAL Global Income Opportunities Fund positions in Q2 2020 and 6 closed out, a net change of -2 holders.
- The largest BrandywineGLOBAL Global Income Opportunities Fund buyer in Q2 2020 was Saba Capital Management, an estimated $7.98M added.
- The largest BrandywineGLOBAL Global Income Opportunities Fund seller in Q2 2020 was Rivernorth Capital Management, an estimated $6.8M sold.
Based on aggregated 13F filings for Q2 2020.