Western Asset Mortgage Opportunity Fund
DMO
28 hedge funds and large institutions have $20.1M invested in Western Asset Mortgage Opportunity Fund in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 6 closing their positions.
1.68% less ownership
Funds ownership: 11.11% → 9.43% (-1.7%)
7% less funds holding
Funds holding: 30 → 28 (-2)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
28% less capital invested
Capital invested by funds: $27.8M → $20.1M (-$7.75M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$751K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$152K |
| 3 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$57.6K |
| 4 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$53.6K |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$45.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$2.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.35M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$540K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$400K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$343K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
26
Parallel Advisors
San Francisco,
California
| $6K | +$197 | +9 | +3% |
|
|
CF
27
Centaurus Financial
Anaheim,
California
| $82 | +$35K | +1,595 | +2,312% |
|
|
CWM
28
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$2.7M | -70,173 | Closed |
|
|
29
Bessemer Group
Woodbridge,
New Jersey
| – | -$540K | -23,462 | Closed |
|
|
DA
30
Doliver Advisors
Houston,
Texas
| – | -$400K | -17,370 | Closed |
|
|
PAG
31
Private Advisor Group
Morristown,
New Jersey
| – | -$213K | -9,256 | Closed |
|
|
WC
32
Whitney & Co
Rochester,
New York
| – | -$5K | -200 | Closed |
|
|
FIA
33
FNY Investment Advisers
New York
| – | -$1K | -45 | Closed |
|
DMO Hedge Fund Activity: Q4 2018 in Review
28 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q4 2018, worth a combined $20.1M — down 28% from $27.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DMO and 4 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 10 added.
The largest buyer was Sit Investment Associates, adding an estimated $751K. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $2.7M sold.
- 28 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q4 2018, down from 30 in Q3 2018.
- Funds reported $20.1M of Western Asset Mortgage Opportunity Fund stock for Q4 2018, down 28% quarter-over-quarter.
- 4 funds opened new Western Asset Mortgage Opportunity Fund positions in Q4 2018 and 6 closed out, a net change of -2 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q4 2018 was Sit Investment Associates, an estimated $751K added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q4 2018 was Cornerstone Wealth Management, an estimated $2.7M sold.
Based on aggregated 13F filings for Q4 2018.