Western Asset Mortgage Opportunity Fund
DMO
28 hedge funds and large institutions have $21.7M invested in Western Asset Mortgage Opportunity Fund in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 5 closing their positions.
0.9% less ownership
Funds ownership: 11.1% → 10.2% (-0.9%)
3% less funds holding
Funds holding: 29 → 28 (-1)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
19% less capital invested
Capital invested by funds: $26.7M → $21.7M (-$4.98M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$751K |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
+$285K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$152K |
| 4 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$57.6K |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$53.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.35M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$540K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$400K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$343K |
| 5 |
Morgan Stanley
New York
|
-$316K |
DMO Hedge Fund Activity: Q4 2018 in Review
28 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q4 2018, worth a combined $21.7M — down 19% from $26.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DMO and 4 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 10 added.
The largest buyer was Sit Investment Associates, adding an estimated $751K. The largest seller was Bank of America, cutting an estimated $1.35M.
- 28 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q4 2018, down from 29 in Q3 2018.
- Funds reported $21.7M of Western Asset Mortgage Opportunity Fund stock for Q4 2018, down 19% quarter-over-quarter.
- 4 funds opened new Western Asset Mortgage Opportunity Fund positions in Q4 2018 and 5 closed out, a net change of -1 holder.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q4 2018 was Sit Investment Associates, an estimated $751K added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q4 2018 was Bank of America, an estimated $1.35M sold.
Based on aggregated 13F filings for Q4 2018.