Western Asset Mortgage Opportunity Fund
DMO
23 hedge funds and large institutions have $21.9M invested in Western Asset Mortgage Opportunity Fund in 2017 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 4 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0.31% less ownership
Funds ownership: 8.52% → 8.21% (-0.31%)
7% less capital invested
Capital invested by funds: $23.5M → $21.9M (-$1.57M)
15% less funds holding
Funds holding: 27 → 23 (-4)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$449K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$137K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$113K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$65.7K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$50.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$758K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$392K |
| 3 |
HK
Horizon Kinetics
New York
|
-$382K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$62.7K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$52.8K |
DMO Hedge Fund Activity: Q3 2017 in Review
23 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q3 2017, worth a combined $21.9M — down 6.7% from $23.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DMO and 0 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $449K. The largest seller was Morgan Stanley, cutting an estimated $758K.
- 23 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q3 2017, down from 27 in Q2 2017.
- Funds reported $21.9M of Western Asset Mortgage Opportunity Fund stock for Q3 2017, down 6.7% quarter-over-quarter.
- 0 funds opened new Western Asset Mortgage Opportunity Fund positions in Q3 2017 and 4 closed out, a net change of -4 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q3 2017 was Commonwealth Equity Services, an estimated $449K added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q3 2017 was Morgan Stanley, an estimated $758K sold.
Based on aggregated 13F filings for Q3 2017.