Western Asset Mortgage Opportunity Fund
DMO
25 hedge funds and large institutions have $29.5M invested in Western Asset Mortgage Opportunity Fund in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 4 closing their positions.
0.37% more ownership
Funds ownership: 12.09% → 12.46% (+0.37%)
0% more capital invested
Capital invested by funds: $29.5M → $29.5M (+$6.29K)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
7% less funds holding
Funds holding: 27 → 25 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
+$3.92M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$414K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$379K |
| 4 |
Morgan Stanley
New York
|
+$308K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$3.19M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$414K |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$398K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$278K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$214K |
DMO Hedge Fund Activity: Q1 2016 in Review
25 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q1 2016, worth a combined $29.5M — up 0.02% from $29.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DMO and 2 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 9 added.
The largest buyer was New Vernon Investment Management, opening a new position worth an estimated $3.92M. The largest seller was Bessemer Group, cutting an estimated $3.19M.
- 25 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q1 2016, down from 27 in Q4 2015.
- Funds reported $29.5M of Western Asset Mortgage Opportunity Fund stock for Q1 2016, up 0.02% quarter-over-quarter.
- 2 funds opened new Western Asset Mortgage Opportunity Fund positions in Q1 2016 and 4 closed out, a net change of -2 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q1 2016 was New Vernon Investment Management, an estimated $3.92M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q1 2016 was Bessemer Group, an estimated $3.19M sold.
Based on aggregated 13F filings for Q1 2016.