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DMO

Western Asset Mortgage Opportunity Fund

23 hedge funds and large institutions have $23.5M invested in Western Asset Mortgage Opportunity Fund in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

5% more funds holding

Funds holding: 2223 (+1)

1.27% less ownership

Funds ownership: 10.67%9.4% (-1.3%)

12% less capital invested

Capital invested by funds: $26.7M → $23.5M (-$3.2M)

22% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 9

Holders
23
Holders Change
+1
Holders Change %
+4.55%
% of All Funds
0.62%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
7
Reduced
9
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$4.61M +$488K +19,959 +12%
Bessemer Group
2
Bessemer Group
New Jersey
$4.23M -$2.3M -94,121 -35%
HK
3
Horizon Kinetics
New York
$3.06M -$689K -28,218 -18%
LPL Financial
4
LPL Financial
California
$2.12M +$193K +7,880 +10%
Morgan Stanley
5
Morgan Stanley
New York
$2.06M -$139K -5,703 -6%
Invesco
6
Invesco
Georgia
$1.43M +$16.1K +658 +1%
UBS Group
7
UBS Group
Switzerland
$1.37M +$226K +9,254 +19%
Wells Fargo
8
Wells Fargo
California
$867K -$30.5K -1,250 -3%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$777K -$162K -6,626 -17%
LTFS
10
Ladenburg Thalmann Financial Services
Florida
$534K
SIA
11
Sit Investment Associates
Minnesota
$457K -$921K -37,701 -66%
YMRC
12
Yorktown Management & Research Company
Virginia
$405K
GC
13
Guggenheim Capital
Illinois
$382K +$4.3K +176 +1%
NL
14
NWAM LLC
Washington
$342K -$6.69K -274 -2%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$282K +$288K +11,776 New
Citigroup
16
Citigroup
New York
$174K -$51.3K -2,101 -22%
MFS
17
MSI Financial Services
Massachusetts
$140K +$76.1K +3,113 +115%
US Bancorp
18
US Bancorp
Minnesota
$109K -$16.6K -678 -13%
RPG
19
Risk Paradigm Group
Texas
$42.9K
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$41K +$13.2K +540 +45%
AIG
21
American International Group
New York
$25.4K
FANJ
22
Financial Architects (New Jersey)
New Jersey
$24K +$24.2K +990 New
NFG
23
Next Financial Group
Texas
$14K +$14.7K +600 New
DA
24
Doliver Advisors
Texas
-$223K -9,298 Closed
TRCT
25
Tower Research Capital (TRC)
New York
-$29K -1,200 Closed

DMO Hedge Fund Activity: Q2 2015 in Review

23 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q2 2015, worth a combined $23.5M — down 12% from $26.7M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new DMO positions and 2 closed out — a net gain of 1 holder — while 7 added to existing stakes and 9 trimmed.

The largest buyer was Bank of America, adding an estimated $488K. The largest seller was Bessemer Group, cutting an estimated $2.3M.

  • 23 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q2 2015, up from 22 in Q1 2015.
  • Funds reported $23.5M of Western Asset Mortgage Opportunity Fund stock for Q2 2015, down 12% quarter-over-quarter.
  • 3 funds opened new Western Asset Mortgage Opportunity Fund positions in Q2 2015 and 2 closed out, a net change of +1 holder.
  • The largest Western Asset Mortgage Opportunity Fund buyer in Q2 2015 was Bank of America, an estimated $488K added.
  • The largest Western Asset Mortgage Opportunity Fund seller in Q2 2015 was Bessemer Group, an estimated $2.3M sold.

Based on aggregated 13F filings for Q2 2015.