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BWG

BrandywineGLOBAL Global Income Opportunities Fund

48 hedge funds and large institutions have $134M invested in BrandywineGLOBAL Global Income Opportunities Fund in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

75% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 12

65% more capital invested

Capital invested by funds: $81.3M → $134M (+$53M)

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

4% more funds holding

Funds holding: 4648 (+2)

3.54% more ownership

Funds ownership: 46.89%50.44% (+3.5%)

Holders
48
Holders Change
+2
Holders Change %
+4.35%
% of All Funds
0.95%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
8
Increased
21
Reduced
12
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$40.5M +$871K +70,483 +2%
Wells Fargo
2
Wells Fargo
California
$20.4M -$5.73M -463,760 -22%
BI
3
Bulldog Investors
New Jersey
$12M +$13.6K +1,100 +0.1%
SCM
4
Saba Capital Management
New York
$9.7M +$5.79M +468,458 +156%
1CP
5
1607 Capital Partners
Virginia
$6.06M -$992K -80,300 -14%
Morgan Stanley
6
Morgan Stanley
New York
$5.57M +$655K +53,019 +14%
Cohen & Steers
7
Cohen & Steers
New York
$4.29M -$256K -20,763 -6%
Bank of America
8
Bank of America
North Carolina
$4.02M +$474K +38,401 +14%
COLIM
9
City of London Investment Management
United Kingdom
$3.78M +$3.71M +299,997 New
MC
10
Matisse Capital
Oregon
$2.76M +$2.7M +218,500 New
PCM
11
PenderFund Capital Management
British Columbia, Canada
$2.61M
CA
12
Cornerstone Advisors
North Carolina
$2.35M +$2.3M +186,149 New
BFM
13
Boothbay Fund Management
New York
$2.13M
PPA
14
Parametric Portfolio Associates
Washington
$2.11M +$361K +29,247 +21%
GC
15
Guggenheim Capital
Illinois
$1.89M -$292K -23,677 -14%
AAM
16
Advisors Asset Management
Colorado
$1.76M +$843K +68,250 +96%
TJHA
17
Thomas J. Herzfeld Advisors
Florida
$1.52M +$191K +15,444 +15%
AC
18
Almitas Capital
California
$1.4M -$774K -62,631 -36%
BlackRock
19
BlackRock
New York
$1.25M
SI
20
Stephens Inc
Arkansas
$746K -$70.8K -5,730 -9%
UBS Group
21
UBS Group
Switzerland
$736K -$122K -9,839 -14%
LPL Financial
22
LPL Financial
California
$609K +$152K +12,325 +34%
ACP
23
Aviance Capital Partners
Florida
$555K +$126K +10,178 +30%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$518K +$39.2K +3,170 +8%
DAS
25
Dynamic Advisor Solutions
Arizona
$516K

BWG Hedge Fund Activity: Q4 2019 in Review

48 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in BrandywineGLOBAL Global Income Opportunities Fund (BWG) for Q4 2019, worth a combined $134M — up 65% from $81.3M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new BWG positions and 5 closed out — a net gain of 3 holders — while 21 added to existing stakes and 12 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $5.79M. The largest seller was Wells Fargo, cutting an estimated $5.73M.

  • 48 institutional investors held BrandywineGLOBAL Global Income Opportunities Fund (BWG) as of Q4 2019, up from 46 in Q3 2019.
  • Funds reported $134M of BrandywineGLOBAL Global Income Opportunities Fund stock for Q4 2019, up 65% quarter-over-quarter.
  • 8 funds opened new BrandywineGLOBAL Global Income Opportunities Fund positions in Q4 2019 and 5 closed out, a net change of +3 holders.
  • The largest BrandywineGLOBAL Global Income Opportunities Fund buyer in Q4 2019 was Saba Capital Management, an estimated $5.79M added.
  • The largest BrandywineGLOBAL Global Income Opportunities Fund seller in Q4 2019 was Wells Fargo, an estimated $5.73M sold.

Based on aggregated 13F filings for Q4 2019.