BrandywineGLOBAL Global Income Opportunities Fund
BWG
37 hedge funds and large institutions have $80M invested in BrandywineGLOBAL Global Income Opportunities Fund in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 15 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
7.19% less ownership
Funds ownership: 36.71% → 29.51% (-7.2%)
20% less funds holding
Funds holding: 46 → 37 (-9)
23% less capital invested
Capital invested by funds: $104M → $80M (-$24.3M)
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.02M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$532K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$518K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$494K |
| 5 |
Morgan Stanley
New York
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$10.6M |
| 2 |
SCM
Saba Capital Management
New York
|
-$3.95M |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$3.09M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$2.53M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.28M |
BWG Hedge Fund Activity: Q4 2017 in Review
37 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in BrandywineGLOBAL Global Income Opportunities Fund (BWG) for Q4 2017, worth a combined $80M — down 23% from $104M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BWG and 6 opened new positions — a net loss of 9 holders — while 10 trimmed existing stakes and 14 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.02M. The largest seller was Wells Fargo, cutting an estimated $10.6M.
- 37 institutional investors held BrandywineGLOBAL Global Income Opportunities Fund (BWG) as of Q4 2017, down from 46 in Q3 2017.
- Funds reported $80M of BrandywineGLOBAL Global Income Opportunities Fund stock for Q4 2017, down 23% quarter-over-quarter.
- 6 funds opened new BrandywineGLOBAL Global Income Opportunities Fund positions in Q4 2017 and 15 closed out, a net change of -9 holders.
- The largest BrandywineGLOBAL Global Income Opportunities Fund buyer in Q4 2017 was Rivernorth Capital Management, an estimated $3.02M added.
- The largest BrandywineGLOBAL Global Income Opportunities Fund seller in Q4 2017 was Wells Fargo, an estimated $10.6M sold.
Based on aggregated 13F filings for Q4 2017.