BrandywineGLOBAL Global Income Opportunities Fund
BWG
47 hedge funds and large institutions have $107M invested in BrandywineGLOBAL Global Income Opportunities Fund in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 9 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
2% more capital invested
Capital invested by funds: $105M → $107M (+$2.5M)
0.95% less ownership
Funds ownership: 51.72% → 50.76% (-0.95%)
2% less funds holding
Funds holding: 48 → 47 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.64M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.72M |
| 3 |
FM
Family Management
New York
|
+$856K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$553K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$440K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3.86M |
| 2 |
Cohen & Steers
New York
|
-$1.91M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$839K |
| 4 |
QC
Quantedge Capital
Singapore
|
-$814K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$722K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Truist Financial
Charlotte,
North Carolina
| – | -$164K | -13,559 | Closed |
|
52
MML Investors Services
Springfield,
Massachusetts
| – | -$129K | -10,671 | Closed |
|
|
EVM
53
Eaton Vance Management
Boston,
Massachusetts
| – | -$6K | -509 | Closed |
|
|
SFS
54
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$3K | -209 | Closed |
|
|
PAM
55
Panagora Asset Management
Boston,
Massachusetts
| – | +$161 | +13 | New |
|
BWG Hedge Fund Activity: Q2 2021 in Review
47 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in BrandywineGLOBAL Global Income Opportunities Fund (BWG) for Q2 2021, worth a combined $107M — up 2.4% from $105M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BWG and 8 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 20 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.64M. The largest seller was Saba Capital Management, cutting an estimated $3.86M.
- 47 institutional investors held BrandywineGLOBAL Global Income Opportunities Fund (BWG) as of Q2 2021, down from 48 in Q1 2021.
- Funds reported $107M of BrandywineGLOBAL Global Income Opportunities Fund stock for Q2 2021, up 2.4% quarter-over-quarter.
- 8 funds opened new BrandywineGLOBAL Global Income Opportunities Fund positions in Q2 2021 and 9 closed out, a net change of -1 holder.
- The largest BrandywineGLOBAL Global Income Opportunities Fund buyer in Q2 2021 was Rivernorth Capital Management, an estimated $3.64M added.
- The largest BrandywineGLOBAL Global Income Opportunities Fund seller in Q2 2021 was Saba Capital Management, an estimated $3.86M sold.
Based on aggregated 13F filings for Q2 2021.