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DMO

Western Asset Mortgage Opportunity Fund

22 hedge funds and large institutions have $26.7M invested in Western Asset Mortgage Opportunity Fund in 2016 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 8

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.43% less ownership

Funds ownership: 12.46%11.03% (-1.4%)

10% less capital invested

Capital invested by funds: $29.5M → $26.7M (-$2.83M)

12% less funds holding

Funds holding: 2522 (-3)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 3

Holders
22
Holders Change
-3
Holders Change %
-12%
% of All Funds
0.59%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
Increased
10
Reduced
8
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LVP
1
Limestone Value Partners
Texas
$3.73M +$98.4K +4,250 +3%
Bank of America
2
Bank of America
North Carolina
$3.73M -$443K -19,118 -11%
Morgan Stanley
3
Morgan Stanley
New York
$3.7M -$1.06M -45,830 -22%
NVIM
4
New Vernon Investment Management
Illinois
$3.42M -$509K -21,964 -13%
HK
5
Horizon Kinetics
New York
$2.82M -$28.5K -1,229 -1%
Bessemer Group
6
Bessemer Group
New Jersey
$1.89M -$836K -36,115 -31%
MFS
7
MSI Financial Services
Massachusetts
$1.32M +$168K +7,267 +15%
Wells Fargo
8
Wells Fargo
California
$1.3M -$18.8K -810 -1%
Invesco
9
Invesco
Georgia
$1.19M +$6.09K +263 +0.5%
UBS Group
10
UBS Group
Switzerland
$961K -$446K -19,237 -32%
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$590K +$318K +13,723 +117%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$573K +$136K +5,882 +31%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$547K +$22.2K +958 +4%
NL
14
NWAM LLC
Washington
$349K
IA
15
IFP Advisors
Florida
$238K +$204K +8,803 +589%
Citigroup
16
Citigroup
New York
$168K -$2.13K -92 -1%
RPG
17
Risk Paradigm Group
Texas
$46K +$4.63K +200 +11%
GXMC
18
Global X Management Company
New York
$44K +$15K +646 +51%
PSUF
19
People's United Financial
Connecticut
$29K
WEC
20
Winslow Evans & Crocker
Massachusetts
$18.5K +$9.27K +400 +100%
GWM
21
Geneos Wealth Management
Colorado
$18K
NFG
22
Next Financial Group
Texas
$13K
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
-$683K -29,983 Closed
GC
24
Guggenheim Capital
Illinois
-$319K -14,014 Closed
AIG
25
American International Group
New York
-$23K -1,000 Closed

DMO Hedge Fund Activity: Q2 2016 in Review

22 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q2 2016, worth a combined $26.7M — down 9.6% from $29.5M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of DMO and 0 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 10 added.

The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $318K. The largest seller was Morgan Stanley, cutting an estimated $1.06M.

  • 22 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q2 2016, down from 25 in Q1 2016.
  • Funds reported $26.7M of Western Asset Mortgage Opportunity Fund stock for Q2 2016, down 9.6% quarter-over-quarter.
  • 0 funds opened new Western Asset Mortgage Opportunity Fund positions in Q2 2016 and 3 closed out, a net change of -3 holders.
  • The largest Western Asset Mortgage Opportunity Fund buyer in Q2 2016 was Ladenburg Thalmann Financial Services, an estimated $318K added.
  • The largest Western Asset Mortgage Opportunity Fund seller in Q2 2016 was Morgan Stanley, an estimated $1.06M sold.

Based on aggregated 13F filings for Q2 2016.