Western Asset Mortgage Opportunity Fund
DMO
15 hedge funds and large institutions have $17.2M invested in Western Asset Mortgage Opportunity Fund in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 4 closing their positions.
2% more capital invested
Capital invested by funds: $16.9M → $17.2M (+$306K)
0.32% more ownership
Funds ownership: 7.04% → 7.36% (+0.32%)
6% less funds holding
Funds holding: 16 → 15 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$826K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$762K |
| 3 |
Morgan Stanley
New York
|
+$761K |
| 4 |
SCM
Saba Capital Management
New York
|
+$751K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$343K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$686K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$641K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$473K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$441K |
| 5 |
HB
Homrich & Berg
Atlanta,
Georgia
|
-$269K |
DMO Hedge Fund Activity: Q3 2013 in Review
15 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q3 2013, worth a combined $17.2M — up 1.8% from $16.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DMO and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 3 added.
The largest buyer was Horizon Kinetics, adding an estimated $826K. The largest seller was Doliver Advisors, exiting entirely with an estimated $686K sold.
- 15 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q3 2013, down from 16 in Q2 2013.
- Funds reported $17.2M of Western Asset Mortgage Opportunity Fund stock for Q3 2013, up 1.8% quarter-over-quarter.
- 3 funds opened new Western Asset Mortgage Opportunity Fund positions in Q3 2013 and 4 closed out, a net change of -1 holder.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q3 2013 was Horizon Kinetics, an estimated $826K added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q3 2013 was Doliver Advisors, an estimated $686K sold.
Based on aggregated 13F filings for Q3 2013.