Western Asset Mortgage Opportunity Fund
DMO
32 hedge funds and large institutions have $21.2M invested in Western Asset Mortgage Opportunity Fund in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 6 reducing their positions, and 3 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 6
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
14% more funds holding
Funds holding: 28 → 32 (+4)
6% more capital invested
Capital invested by funds: $20.1M → $21.2M (+$1.13M)
0.29% more ownership
Funds ownership: 9.43% → 9.72% (+0.29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$490K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$441K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$417K |
| 4 |
LPL Financial
San Diego,
California
|
+$375K |
| 5 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.86M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$141K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$136K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$111K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$65.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $26K | +$3.01K | +144 | +13% |
|
|
APA
27
American Portfolios Advisors
Holbrook,
New York
| $17K | +$8.54K | +409 | +100% |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $16K | – | – | – |
|
|
CFB
29
Cullen/Frost Bankers
San Antonio,
Texas
| $12K | +$12.5K | +600 | New |
|
|
CIAS
30
Capital Investment Advisory Services
Raleigh,
North Carolina
| $10K | – | – | – |
|
|
FHB
31
First Hawaiian Bank
Honolulu,
Hawaii
| $8K | – | – | – |
|
|
SIA
32
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$1.86M | -91,239 | Closed |
|
|
33
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$141K | -6,929 | Closed |
|
|
PA
34
Parallel Advisors
San Francisco,
California
| – | -$6K | -300 | Closed |
|
|
JCM
35
Jacobi Capital Management
Pittston,
Pennsylvania
| – | +$21 | +1 | +9% |
|
DMO Hedge Fund Activity: Q1 2019 in Review
32 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q1 2019, worth a combined $21.2M — up 5.7% from $20.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DMO positions and 3 closed out — a net gain of 4 holders — while 16 added to existing stakes and 6 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $490K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $1.86M sold.
- 32 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q1 2019, up from 28 in Q4 2018.
- Funds reported $21.2M of Western Asset Mortgage Opportunity Fund stock for Q1 2019, up 5.7% quarter-over-quarter.
- 7 funds opened new Western Asset Mortgage Opportunity Fund positions in Q1 2019 and 3 closed out, a net change of +4 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q1 2019 was Bessemer Group, an estimated $490K added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q1 2019 was Sit Investment Associates, an estimated $1.86M sold.
Based on aggregated 13F filings for Q1 2019.