Western Asset Mortgage Opportunity Fund
DMO
49 hedge funds and large institutions have $38.7M invested in Western Asset Mortgage Opportunity Fund in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 7 closing their positions.
0% more funds holding
Funds holding: 49 → 49 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
2% less capital invested
Capital invested by funds: $39.5M → $38.7M (-$834K)
1.28% less ownership
Funds ownership: 33.54% → 32.26% (-1.3%)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.52M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$936K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$630K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$176K |
| 5 |
CPRC
Consolidated Portfolio Review Corp
Woodbury,
New York
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$5.27M |
| 2 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
-$370K |
| 3 |
SCM
Saba Capital Management
New York
|
-$256K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$241K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$190K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
51
Saba Capital Management
New York
| – | -$256K | -24,485 | Closed |
|
|
RCM
52
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$136K | -12,972 | Closed |
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$128K | -12,292 | Closed |
|
|
ASN
54
Advisory Services Network
Atlanta,
Georgia
| – | -$88.6K | -8,474 | Closed |
|
|
CFO
55
CVA Family Office
Denver,
Colorado
| – | -$9.67K | -925 | Closed |
|
|
BAM
56
Belpointe Asset Management
Reno,
Nevada
| – | -$7.32K | -700 | Closed |
|
DMO Hedge Fund Activity: Q2 2023 in Review
49 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q2 2023, worth a combined $38.7M — down 2.1% from $39.5M a quarter earlier.
Fund positioning in DMO was balanced in Q2 2023: 7 funds opened new positions, 7 closed out, 14 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.52M. The largest seller was Integrated Wealth Concepts, cutting an estimated $5.27M.
- 49 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $38.7M of Western Asset Mortgage Opportunity Fund stock for Q2 2023, down 2.1% quarter-over-quarter.
- 7 funds opened new Western Asset Mortgage Opportunity Fund positions in Q2 2023 and 7 closed out, a net change of 0 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q2 2023 was Morgan Stanley, an estimated $2.52M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q2 2023 was Integrated Wealth Concepts, an estimated $5.27M sold.
Based on aggregated 13F filings for Q2 2023.