Western Asset Mortgage Opportunity Fund
DMO
25 hedge funds and large institutions have $22.5M invested in Western Asset Mortgage Opportunity Fund in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
9% more funds holding
Funds holding: 23 → 25 (+2)
3% more capital invested
Capital invested by funds: $21.9M → $22.5M (+$563K)
0.52% more ownership
Funds ownership: 8.21% → 8.72% (+0.52%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.15M |
| 2 |
BlackRock
New York
|
+$622K |
| 3 |
Morgan Stanley
New York
|
+$328K |
| 4 |
LPL Financial
San Diego,
California
|
+$206K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$739K |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
-$217K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$196K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$103K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$77.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
26
Cetera Advisors
Denver,
Colorado
| – | -$217K | -8,495 | Closed |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$38K | -1,500 | Closed |
|
|
PCM
28
Penserra Capital Management
Orinda,
California
| – | -$3K | -132 | Closed |
|
DMO Hedge Fund Activity: Q4 2017 in Review
25 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q4 2017, worth a combined $22.5M — up 2.6% from $21.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DMO positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Bank of America, adding an estimated $1.15M. The largest seller was Horizon Kinetics, cutting an estimated $739K.
- 25 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q4 2017, up from 23 in Q3 2017.
- Funds reported $22.5M of Western Asset Mortgage Opportunity Fund stock for Q4 2017, up 2.6% quarter-over-quarter.
- 5 funds opened new Western Asset Mortgage Opportunity Fund positions in Q4 2017 and 3 closed out, a net change of +2 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q4 2017 was Bank of America, an estimated $1.15M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q4 2017 was Horizon Kinetics, an estimated $739K sold.
Based on aggregated 13F filings for Q4 2017.