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BWG

BrandywineGLOBAL Global Income Opportunities Fund

42 hedge funds and large institutions have $101M invested in BrandywineGLOBAL Global Income Opportunities Fund in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.46% more ownership

Funds ownership: 37.95%40.41% (+2.5%)

7% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 14

7% less capital invested

Capital invested by funds: $108M → $101M (-$7.64M)

9% less funds holding

Funds holding: 4642 (-4)

40% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 10

Holders
42
Holders Change
-4
Holders Change %
-8.7%
% of All Funds
1.05%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
13
Reduced
14
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$24M +$10.4M +848,533 +72%
SCM
2
Saba Capital Management
New York
$16.3M +$41.8K +3,400 +0.2%
Morgan Stanley
3
Morgan Stanley
New York
$10M -$3.53M -287,243 -25%
Wells Fargo
4
Wells Fargo
California
$9.54M +$3.53M +287,270 +55%
1CP
5
1607 Capital Partners
Virginia
$6.18M -$230K -18,683 -3%
Cohen & Steers
6
Cohen & Steers
New York
$5.12M -$52.6K -4,279 -1%
AAM
7
Advisors Asset Management
Colorado
$3.98M +$1.4M +114,056 +51%
FIMG
8
Financial & Investment Management Group
Michigan
$3.29M -$59.3K -4,826 -2%
Invesco
9
Invesco
Georgia
$2.83M -$96.6K -7,856 -3%
CA
10
Cornerstone Advisors
North Carolina
$2.7M
Bessemer Group
11
Bessemer Group
New Jersey
$2.69M
UBS Group
12
UBS Group
Switzerland
$2.62M -$36.9K -3,001 -1%
Bank of America
13
Bank of America
North Carolina
$1.68M -$398K -32,396 -19%
LCM
14
Laurion Capital Management
New York
$1.56M +$901K +73,340 +125%
EDRIA
15
Edmonds Duncan Registered Investment Advisors
Kansas
$1.53M -$1.46M -118,856 -48%
GC
16
Guggenheim Capital
Illinois
$970K -$68.2K -5,549 -6%
LCM
17
Landscape Capital Management
New Jersey
$803K +$608K +49,439 +268%
RJA
18
Raymond James & Associates
Florida
$648K -$90.9K -7,399 -12%
SG Americas Securities
19
SG Americas Securities
New York
$582K +$604K +49,169 New
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$569K +$42.5K +3,462 +8%
PPA
21
Parametric Portfolio Associates
Washington
$485K
BTS
22
BB&T Securities
Virginia
$419K
RC
23
Roundview Capital
New Jersey
$379K -$140K -11,405 -26%
VKH
24
Virtu KCG Holdings
New York
$358K +$372K +30,300 New
LPL Financial
25
LPL Financial
California
$321K +$182K +14,844 +123%

BWG Hedge Fund Activity: Q4 2016 in Review

42 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BrandywineGLOBAL Global Income Opportunities Fund (BWG) for Q4 2016, worth a combined $101M — down 7% from $108M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of BWG and 6 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 13 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $10.4M. The largest seller was Morgan Stanley, cutting an estimated $3.53M.

  • 42 institutional investors held BrandywineGLOBAL Global Income Opportunities Fund (BWG) as of Q4 2016, down from 46 in Q3 2016.
  • Funds reported $101M of BrandywineGLOBAL Global Income Opportunities Fund stock for Q4 2016, down 7% quarter-over-quarter.
  • 6 funds opened new BrandywineGLOBAL Global Income Opportunities Fund positions in Q4 2016 and 10 closed out, a net change of -4 holders.
  • The largest BrandywineGLOBAL Global Income Opportunities Fund buyer in Q4 2016 was Rivernorth Capital Management, an estimated $10.4M added.
  • The largest BrandywineGLOBAL Global Income Opportunities Fund seller in Q4 2016 was Morgan Stanley, an estimated $3.53M sold.

Based on aggregated 13F filings for Q4 2016.