Western Asset Mortgage Opportunity Fund
DMO
30 hedge funds and large institutions have $27.8M invested in Western Asset Mortgage Opportunity Fund in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
0% more capital invested
Capital invested by funds: $27.7M → $27.8M (+$79.8K)
0.27% more ownership
Funds ownership: 10.84% → 11.11% (+0.27%)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 31 → 30 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.29M |
| 2 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$858K |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$416K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$213K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$870K |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
-$838K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$283K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$156K |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$152K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WC
26
Whitney & Co
Rochester,
New York
| $5K | – | – | – |
|
|
FHB
27
First Hawaiian Bank
Honolulu,
Hawaii
| $4K | +$3.85K | +170 | New |
|
|
CF
28
Centaurus Financial
Anaheim,
California
| $1.6K | -$838K | -37,036 | -100% |
|
|
FIA
29
FNY Investment Advisers
New York
| $1K | – | – | – |
|
|
LCM
30
Laurion Capital Management
New York
| – | -$870K | -37,753 | Closed |
|
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$283K | -12,294 | Closed |
|
|
NMC
32
Nine Masts Capital
Central,
Hong Kong
| – | -$152K | -6,600 | Closed |
|
|
PGWM
33
Parisi Gray Wealth Management
Mendham,
New Jersey
| – | -$32K | -1,400 | Closed |
|
|
JCM
34
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$27.4K | -1,212 | -99% |
|
|
WEC
35
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$12K | -500 | Closed |
|
DMO Hedge Fund Activity: Q3 2018 in Review
30 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q3 2018, worth a combined $27.8M — up 0.29% from $27.7M a quarter earlier.
Fund positioning in DMO was balanced in Q3 2018: 5 funds opened new positions, 5 closed out, 12 added to existing stakes and 9 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $1.29M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $870K sold.
- 30 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q3 2018, down from 31 in Q2 2018.
- Funds reported $27.8M of Western Asset Mortgage Opportunity Fund stock for Q3 2018, up 0.29% quarter-over-quarter.
- 5 funds opened new Western Asset Mortgage Opportunity Fund positions in Q3 2018 and 5 closed out, a net change of 0 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q3 2018 was Sit Investment Associates, an estimated $1.29M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q3 2018 was Laurion Capital Management, an estimated $870K sold.
Based on aggregated 13F filings for Q3 2018.