Western Asset Mortgage Opportunity Fund
DMO
19 hedge funds and large institutions have $25.2M invested in Western Asset Mortgage Opportunity Fund in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
16% more capital invested
Capital invested by funds: $21.6M → $25.2M (+$3.55M)
1.62% more ownership
Funds ownership: 8.44% → 10.05% (+1.6%)
0% more funds holding
Funds holding: 19 → 19 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$6.05M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$721K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$493K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$321K |
| 5 |
CPP
Crow Point Partners
Boston,
Massachusetts
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.69M |
| 2 |
HK
Horizon Kinetics
New York
|
-$981K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$757K |
| 4 |
Morgan Stanley
New York
|
-$327K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$76K |
DMO Hedge Fund Activity: Q3 2014 in Review
19 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q3 2014, worth a combined $25.2M — up 16% from $21.6M a quarter earlier.
Fund positioning in DMO was balanced in Q3 2014: 4 funds opened new positions, 4 closed out, 6 added to existing stakes and 4 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $6.05M. The largest seller was Saba Capital Management, exiting entirely with an estimated $1.69M sold.
- 19 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $25.2M of Western Asset Mortgage Opportunity Fund stock for Q3 2014, up 16% quarter-over-quarter.
- 4 funds opened new Western Asset Mortgage Opportunity Fund positions in Q3 2014 and 4 closed out, a net change of 0 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q3 2014 was Bessemer Group, an estimated $6.05M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q3 2014 was Saba Capital Management, an estimated $1.69M sold.
Based on aggregated 13F filings for Q3 2014.