Western Asset Mortgage Opportunity Fund
DMO
22 hedge funds and large institutions have $27.1M invested in Western Asset Mortgage Opportunity Fund in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
16% more funds holding
Funds holding: 19 → 22 (+3)
8% more capital invested
Capital invested by funds: $25.2M → $27.1M (+$1.97M)
0.88% more ownership
Funds ownership: 10.05% → 10.93% (+0.88%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.21M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$417K |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$309K |
| 4 |
SG Americas Securities
New York
|
+$255K |
| 5 |
Citigroup
New York
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$203K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$150K |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
-$42K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$28K |
| 5 |
AIG
American International Group
New York
|
-$2.94K |
DMO Hedge Fund Activity: Q4 2014 in Review
22 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q4 2014, worth a combined $27.1M — up 7.8% from $25.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DMO positions and 2 closed out — a net gain of 5 holders — while 8 added to existing stakes and 3 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $1.21M. The largest seller was Horizon Kinetics, cutting an estimated $203K.
- 22 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q4 2014, up from 19 in Q3 2014.
- Funds reported $27.1M of Western Asset Mortgage Opportunity Fund stock for Q4 2014, up 7.8% quarter-over-quarter.
- 7 funds opened new Western Asset Mortgage Opportunity Fund positions in Q4 2014 and 2 closed out, a net change of +5 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q4 2014 was LPL Financial, an estimated $1.21M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q4 2014 was Horizon Kinetics, an estimated $203K sold.
Based on aggregated 13F filings for Q4 2014.