Western Asset Mortgage Opportunity Fund
DMO
27 hedge funds and large institutions have $29.5M invested in Western Asset Mortgage Opportunity Fund in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
29% more funds holding
Funds holding: 21 → 27 (+6)
20% more capital invested
Capital invested by funds: $24.7M → $29.5M (+$4.84M)
2.58% more ownership
Funds ownership: 9.51% → 12.09% (+2.6%)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LVP
Limestone Value Partners
Houston,
Texas
|
+$3.5M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$2.39M |
| 3 |
Morgan Stanley
New York
|
+$850K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$579K |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$361K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.06M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$881K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$110K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$110K |
| 5 |
HK
Horizon Kinetics
New York
|
-$35.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
26
Penserra Capital Management
Orinda,
California
| $3K | +$3.31K | +138 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $2K | +$1.68K | +70 | New |
|
|
28
LPL Financial
San Diego,
California
| – | -$1.06M | -42,487 | Closed |
|
29
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -43 | Closed |
|
DMO Hedge Fund Activity: Q4 2015 in Review
27 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q4 2015, worth a combined $29.5M — up 20% from $24.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DMO positions and 2 closed out — a net gain of 6 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Limestone Value Partners, opening a new position worth an estimated $3.5M. The largest seller was LPL Financial, exiting entirely with an estimated $1.06M sold.
- 27 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q4 2015, up from 21 in Q3 2015.
- Funds reported $29.5M of Western Asset Mortgage Opportunity Fund stock for Q4 2015, up 20% quarter-over-quarter.
- 8 funds opened new Western Asset Mortgage Opportunity Fund positions in Q4 2015 and 2 closed out, a net change of +6 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q4 2015 was Limestone Value Partners, an estimated $3.5M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q4 2015 was LPL Financial, an estimated $1.06M sold.
Based on aggregated 13F filings for Q4 2015.