Western Asset Mortgage Opportunity Fund
DMO
47 hedge funds and large institutions have $39.9M invested in Western Asset Mortgage Opportunity Fund in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 18 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
7% more funds holding
Funds holding: 44 → 47 (+3)
3% less capital invested
Capital invested by funds: $41.3M → $39.9M (-$1.41M)
2.56% less ownership
Funds ownership: 32.63% → 30.07% (-2.6%)
39% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PFG Investments
Woodbury,
New York
|
+$2.85M |
| 2 |
VVP
Venture Visionary Partners
Sylvania,
Ohio
|
+$794K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$731K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$422K |
| 5 |
CL
Choreo LLC
Rockford,
Illinois
|
+$347K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.74M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.14M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.04M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$678K |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$269K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IWC
51
Integrated Wealth Concepts
Waltham,
Massachusetts
| – | -$134K | -11,964 | Closed |
|
|
ASN
52
Advisory Services Network
Atlanta,
Georgia
| – | -$84.1K | -7,533 | Closed |
|
53
JP Morgan Chase
New York
| – | -$29.3K | -2,627 | Closed |
|
DMO Hedge Fund Activity: Q1 2024 in Review
47 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q1 2024, worth a combined $39.9M — down 3.4% from $41.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DMO positions and 6 closed out — a net gain of 3 holders — while 11 added to existing stakes and 18 trimmed.
The largest buyer was PFG Investments, opening a new position worth an estimated $2.85M. The largest seller was Morgan Stanley, cutting an estimated $3.74M.
- 47 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q1 2024, up from 44 in Q4 2023.
- Funds reported $39.9M of Western Asset Mortgage Opportunity Fund stock for Q1 2024, down 3.4% quarter-over-quarter.
- 9 funds opened new Western Asset Mortgage Opportunity Fund positions in Q1 2024 and 6 closed out, a net change of +3 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q1 2024 was PFG Investments, an estimated $2.85M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q1 2024 was Morgan Stanley, an estimated $3.74M sold.
Based on aggregated 13F filings for Q1 2024.