BrandywineGLOBAL Global Income Opportunities Fund
BWG
42 hedge funds and large institutions have $108M invested in BrandywineGLOBAL Global Income Opportunities Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 11 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.51% less ownership
Funds ownership: 50.44% → 48.92% (-1.5%)
13% less funds holding
Funds holding: 48 → 42 (-6)
19% less capital invested
Capital invested by funds: $134M → $108M (-$26M)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.91M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$4.32M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.29M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$942K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$659K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.55M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.7M |
| 3 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$2.61M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.53M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OA
51
Oxbow Advisors
Austin,
Texas
| – | -$143K | -11,353 | Closed |
|
|
RIA
52
Realta Investment Advisors
Wilmington,
Delaware
| – | -$71K | -5,747 | Closed |
|
53
Fidelity Investments
Boston,
Massachusetts
| – | +$12 | +1 | New |
|
BWG Hedge Fund Activity: Q1 2020 in Review
42 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in BrandywineGLOBAL Global Income Opportunities Fund (BWG) for Q1 2020, worth a combined $108M — down 19% from $134M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BWG and 7 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 15 added.
The largest buyer was Saba Capital Management, adding an estimated $4.91M. The largest seller was 1607 Capital Partners, cutting an estimated $3.55M.
- 42 institutional investors held BrandywineGLOBAL Global Income Opportunities Fund (BWG) as of Q1 2020, down from 48 in Q4 2019.
- Funds reported $108M of BrandywineGLOBAL Global Income Opportunities Fund stock for Q1 2020, down 19% quarter-over-quarter.
- 7 funds opened new BrandywineGLOBAL Global Income Opportunities Fund positions in Q1 2020 and 11 closed out, a net change of -4 holders.
- The largest BrandywineGLOBAL Global Income Opportunities Fund buyer in Q1 2020 was Saba Capital Management, an estimated $4.91M added.
- The largest BrandywineGLOBAL Global Income Opportunities Fund seller in Q1 2020 was 1607 Capital Partners, an estimated $3.55M sold.
Based on aggregated 13F filings for Q1 2020.