BrandywineGLOBAL Global Income Opportunities Fund
BWG
43 hedge funds and large institutions have $89.3M invested in BrandywineGLOBAL Global Income Opportunities Fund in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 22 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
8% more funds holding
Funds holding: 40 → 43 (+3)
13% less ownership
Funds ownership: 49.99% → 36.99% (-13%)
26% less capital invested
Capital invested by funds: $121M → $89.3M (-$31.9M)
64% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.73M |
| 2 |
UFM
Ursa Fund Management
Danville,
California
|
+$1.04M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$911K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$771K |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$557K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$7.58M |
| 2 |
SCM
Saba Capital Management
New York
|
-$7.14M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.15M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$6.09M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$5.28M |
BWG Hedge Fund Activity: Q3 2020 in Review
43 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BrandywineGLOBAL Global Income Opportunities Fund (BWG) for Q3 2020, worth a combined $89.3M — down 26% from $121M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BWG positions and 8 closed out — a net gain of 3 holders — while 8 added to existing stakes and 22 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $1.73M. The largest seller was Bulldog Investors, cutting an estimated $7.58M.
- 43 institutional investors held BrandywineGLOBAL Global Income Opportunities Fund (BWG) as of Q3 2020, up from 40 in Q2 2020.
- Funds reported $89.3M of BrandywineGLOBAL Global Income Opportunities Fund stock for Q3 2020, down 26% quarter-over-quarter.
- 11 funds opened new BrandywineGLOBAL Global Income Opportunities Fund positions in Q3 2020 and 8 closed out, a net change of +3 holders.
- The largest BrandywineGLOBAL Global Income Opportunities Fund buyer in Q3 2020 was Northwestern Mutual Wealth Management, an estimated $1.73M added.
- The largest BrandywineGLOBAL Global Income Opportunities Fund seller in Q3 2020 was Bulldog Investors, an estimated $7.58M sold.
Based on aggregated 13F filings for Q3 2020.