Western Asset Mortgage Opportunity Fund
DMO
49 hedge funds and large institutions have $39.5M invested in Western Asset Mortgage Opportunity Fund in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
2.37% more ownership
Funds ownership: 31.17% → 33.54% (+2.4%)
2% more funds holding
Funds holding: 48 → 49 (+1)
4% more capital invested
Capital invested by funds: $38M → $39.5M (+$1.5M)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$547K |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$421K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$342K |
| 4 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$297K |
| 5 |
SCM
Saba Capital Management
New York
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$542K |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$439K |
| 3 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
-$387K |
| 4 |
SWM
Stockman Wealth Management
Billings,
Montana
|
-$130K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$130K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
51
Stockman Wealth Management
Billings,
Montana
| – | -$130K | -12,100 | Closed |
|
|
MCC
52
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$23.4K | -2,170 | Closed |
|
|
AC
53
Almitas Capital
Santa Monica,
California
| – | -$11.1K | -1,030 | Closed |
|
|
IA
54
IFP Advisors
Tampa,
Florida
| – | -$1K | -40 | Closed |
|
55
Wells Fargo
San Francisco,
California
| – | -$11 | -1 | Closed |
|
DMO Hedge Fund Activity: Q1 2023 in Review
49 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q1 2023, worth a combined $39.5M — up 4% from $38M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DMO positions and 6 closed out — a net gain of 2 holders — while 13 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $547K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $542K.
- 49 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q1 2023, up from 48 in Q4 2022.
- Funds reported $39.5M of Western Asset Mortgage Opportunity Fund stock for Q1 2023, up 4% quarter-over-quarter.
- 8 funds opened new Western Asset Mortgage Opportunity Fund positions in Q1 2023 and 6 closed out, a net change of +2 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q1 2023 was Morgan Stanley, an estimated $547K added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q1 2023 was Raymond James Financial Services Advisors, an estimated $542K sold.
Based on aggregated 13F filings for Q1 2023.