Western Asset Mortgage Opportunity Fund
DMO
19 hedge funds and large institutions have $21.6M invested in Western Asset Mortgage Opportunity Fund in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
12% more funds holding
Funds holding: 17 → 19 (+2)
0% less capital invested
Capital invested by funds: $21.6M → $21.6M (-$10.9K)
0.56% less ownership
Funds ownership: 9% → 8.44% (-0.56%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$478K |
| 2 |
Morgan Stanley
New York
|
+$229K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$215K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$118K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.92M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$629K |
| 3 |
HK
Horizon Kinetics
New York
|
-$68K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$54.5K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$46K |
DMO Hedge Fund Activity: Q2 2014 in Review
19 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q2 2014, worth a combined $21.6M — down 0.05% from $21.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new DMO positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Bank of America, adding an estimated $478K. The largest seller was Saba Capital Management, cutting an estimated $1.92M.
- 19 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q2 2014, up from 17 in Q1 2014.
- Funds reported $21.6M of Western Asset Mortgage Opportunity Fund stock for Q2 2014, down 0.05% quarter-over-quarter.
- 3 funds opened new Western Asset Mortgage Opportunity Fund positions in Q2 2014 and 1 closed out, a net change of +2 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q2 2014 was Bank of America, an estimated $478K added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q2 2014 was Saba Capital Management, an estimated $1.92M sold.
Based on aggregated 13F filings for Q2 2014.