Western Asset Mortgage Opportunity Fund
DMO
45 hedge funds and large institutions have $38.7M invested in Western Asset Mortgage Opportunity Fund in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
0.99% more ownership
Funds ownership: 29.77% → 30.75% (+0.99%)
2% less capital invested
Capital invested by funds: $39.4M → $38.7M (-$679K)
13% less funds holding
Funds holding: 52 → 45 (-7)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.36M |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$662K |
| 3 |
Morgan Stanley
New York
|
+$591K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$372K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
+$359K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Centaurus Financial
Anaheim,
California
|
-$989K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$428K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$370K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$346K |
| 5 |
FM
Family Management
New York
|
-$294K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -76 | Closed |
|
DMO Hedge Fund Activity: Q3 2022 in Review
45 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q3 2022, worth a combined $38.7M — down 1.7% from $39.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DMO and 0 opened new positions — a net loss of 7 holders — while 14 trimmed existing stakes and 21 added.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $1.36M. The largest seller was Centaurus Financial, exiting entirely with an estimated $989K sold.
- 45 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q3 2022, down from 52 in Q2 2022.
- Funds reported $38.7M of Western Asset Mortgage Opportunity Fund stock for Q3 2022, down 1.7% quarter-over-quarter.
- 0 funds opened new Western Asset Mortgage Opportunity Fund positions in Q3 2022 and 7 closed out, a net change of -7 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q3 2022 was Northwestern Mutual Wealth Management, an estimated $1.36M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q3 2022 was Centaurus Financial, an estimated $989K sold.
Based on aggregated 13F filings for Q3 2022.