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DMO

Western Asset Mortgage Opportunity Fund

28 hedge funds and large institutions have $29.1M invested in Western Asset Mortgage Opportunity Fund in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 3 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

333% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 3

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

27% more funds holding

Funds holding: 2228 (+6)

9% more capital invested

Capital invested by funds: $26.7M → $29.1M (+$2.41M)

0.66% more ownership

Funds ownership: 11.03%11.69% (+0.66%)

Holders
28
Holders Change
+6
Holders Change %
+27.27%
% of All Funds
0.75%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
6
Increased
13
Reduced
3
Closed
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
$4.81M +$957K +39,806 +25%
LVP
2
Limestone Value Partners
Texas
$4.71M +$984K +40,935 +26%
Morgan Stanley
3
Morgan Stanley
New York
$3.94M +$119K +4,957 +3%
NVIM
4
New Vernon Investment Management
Illinois
$3.54M
HK
5
Horizon Kinetics
New York
$2.56M -$362K -15,077 -12%
MFS
6
MSI Financial Services
Massachusetts
$1.63M +$261K +10,838 +19%
Invesco
7
Invesco
Georgia
$1.28M +$42.3K +1,758 +3%
UBS Group
8
UBS Group
Switzerland
$1.08M +$86.8K +3,609 +9%
Wells Fargo
9
Wells Fargo
California
$1.01M -$332K -13,799 -25%
LTFS
10
Ladenburg Thalmann Financial Services
Florida
$739K +$131K +5,450 +21%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$644K +$52.3K +2,176 +9%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$607K +$42.3K +1,758 +7%
Bessemer Group
13
Bessemer Group
New Jersey
$561K -$1.4M -58,273 -71%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$501K +$504K +20,954 New
NL
15
NWAM LLC
Washington
$360K
IA
16
IFP Advisors
Florida
$325K +$79.8K +3,321 +32%
CA
17
Cetera Advisors
Colorado
$317K +$318K +13,210 New
Citigroup
18
Citigroup
New York
$173K
GXMC
19
Global X Management Company
New York
$86K +$40.8K +1,697 +89%
NFG
20
Next Financial Group
Texas
$56K +$42.1K +1,750 +292%
RPG
21
Risk Paradigm Group
Texas
$47.5K
AG
22
Advisor Group
Arizona
$47K +$46.7K +1,943 New
WEC
23
Winslow Evans & Crocker
Massachusetts
$42.4K +$23.5K +976 +122%
PSUF
24
People's United Financial
Connecticut
$30K
GWM
25
Geneos Wealth Management
Colorado
$19K

DMO Hedge Fund Activity: Q3 2016 in Review

28 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q3 2016, worth a combined $29.1M — up 9% from $26.7M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new DMO positions and 0 closed out — a net gain of 6 holders — while 13 added to existing stakes and 3 trimmed.

The largest buyer was Limestone Value Partners, adding an estimated $984K. The largest seller was Bessemer Group, cutting an estimated $1.4M.

  • 28 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q3 2016, up from 22 in Q2 2016.
  • Funds reported $29.1M of Western Asset Mortgage Opportunity Fund stock for Q3 2016, up 9% quarter-over-quarter.
  • 6 funds opened new Western Asset Mortgage Opportunity Fund positions in Q3 2016 and 0 closed out, a net change of +6 holders.
  • The largest Western Asset Mortgage Opportunity Fund buyer in Q3 2016 was Limestone Value Partners, an estimated $984K added.
  • The largest Western Asset Mortgage Opportunity Fund seller in Q3 2016 was Bessemer Group, an estimated $1.4M sold.

Based on aggregated 13F filings for Q3 2016.