Western Asset Mortgage Opportunity Fund
DMO
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.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
5% more funds holding
Funds holding: 22 → 23 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$488K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$288K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$226K |
| 4 |
LPL Financial
San Diego,
California
|
+$193K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$76.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$2.3M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$921K |
| 3 |
HK
Horizon Kinetics
New York
|
-$689K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$223K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$162K |
DMO Hedge Fund Activity: Q2 2015 in Review
23 of the 3,730 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.