Western Asset Mortgage Opportunity Fund
DMO
48 hedge funds and large institutions have $37.9M invested in Western Asset Mortgage Opportunity Fund in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 6 closing their positions.
2% less capital invested
Capital invested by funds: $38.7M → $37.9M (-$787K)
1.04% less ownership
Funds ownership: 32.26% → 31.22% (-1%)
2% less funds holding
Funds holding: 49 → 48 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
API
Advisor Partners II
Walnut Creek,
California
|
+$1.12M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$537K |
| 3 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$347K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$298K |
| 5 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$171K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$946K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$742K |
| 3 |
MAWAG
Mid-American Wealth Advisory Group
Kansas City,
Missouri
|
-$626K |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$497K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$397K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
51
AE Wealth Management
Topeka,
Kansas
| – | -$497K | -46,980 | Closed |
|
52
HighTower Advisors
Chicago,
Illinois
| – | -$174K | -16,820 | Closed |
|
|
LCM
53
Landscape Capital Management
Englewood,
New Jersey
| – | -$137K | -12,971 | Closed |
|
54
Bessemer Group
Woodbridge,
New Jersey
| – | -$4K | -363 | Closed |
|
DMO Hedge Fund Activity: Q3 2023 in Review
48 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q3 2023, worth a combined $37.9M — down 2% from $38.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DMO and 5 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 14 added.
The largest buyer was Advisor Partners II, opening a new position worth an estimated $1.12M. The largest seller was Logan Stone Capital, exiting entirely with an estimated $946K sold.
- 48 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q3 2023, down from 49 in Q2 2023.
- Funds reported $37.9M of Western Asset Mortgage Opportunity Fund stock for Q3 2023, down 2% quarter-over-quarter.
- 5 funds opened new Western Asset Mortgage Opportunity Fund positions in Q3 2023 and 6 closed out, a net change of -1 holder.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q3 2023 was Advisor Partners II, an estimated $1.12M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q3 2023 was Logan Stone Capital, an estimated $946K sold.
Based on aggregated 13F filings for Q3 2023.