Western Asset Mortgage Opportunity Fund
DMO
34 hedge funds and large institutions have $26.4M invested in Western Asset Mortgage Opportunity Fund in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
24% more capital invested
Capital invested by funds: $21.2M → $26.4M (+$5.19M)
6% more funds holding
Funds holding: 32 → 34 (+2)
2.07% more ownership
Funds ownership: 9.72% → 11.79% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Centaurus Financial
Anaheim,
California
|
+$3.75M |
| 2 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
+$442K |
| 3 |
Morgan Stanley
New York
|
+$408K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$404K |
| 5 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$276K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$729K |
| 2 |
LPL Financial
San Diego,
California
|
-$180K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$89K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$87.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$85.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $68K | +$7.62K | +362 | +13% |
|
|
FHA
27
Flagship Harbor Advisors
Boston,
Massachusetts
| $36K | – | – | – |
|
|
APA
28
American Portfolios Advisors
Holbrook,
New York
| $26.9K | +$9.22K | +438 | +53% |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $22K | -$3.79K | -180 | -15% |
|
|
GWM
30
Geneos Wealth Management
Englewood,
Colorado
| $17K | – | – | – |
|
|
CIAS
31
Capital Investment Advisory Services
Raleigh,
North Carolina
| $11K | – | – | – |
|
|
FGAM
32
Financial Gravity Asset Management
Lakeway,
Texas
| $1K | +$1.24K | +59 | New |
|
|
SPL
33
Smart Portfolios LLC
Seattle,
Washington
| – | -$36K | -1,735 | Closed |
|
|
CFB
34
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$12K | -600 | Closed |
|
|
FHB
35
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$8K | -370 | Closed |
|
36
Fidelity Investments
Boston,
Massachusetts
| – | +$21 | +1 | New |
|
|
JCM
37
Jacobi Capital Management
Pittston,
Pennsylvania
| – | +$21 | +1 | +8% |
|
DMO Hedge Fund Activity: Q2 2019 in Review
34 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q2 2019, worth a combined $26.4M — up 24% from $21.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DMO positions and 3 closed out — a net gain of 4 holders — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Centaurus Financial, adding an estimated $3.75M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $729K.
- 34 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q2 2019, up from 32 in Q1 2019.
- Funds reported $26.4M of Western Asset Mortgage Opportunity Fund stock for Q2 2019, up 24% quarter-over-quarter.
- 7 funds opened new Western Asset Mortgage Opportunity Fund positions in Q2 2019 and 3 closed out, a net change of +4 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q2 2019 was Centaurus Financial, an estimated $3.75M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q2 2019 was Cambridge Investment Research Advisors, an estimated $729K sold.
Based on aggregated 13F filings for Q2 2019.