Western Asset Mortgage Opportunity Fund
DMO
34 hedge funds and large institutions have $20.6M invested in Western Asset Mortgage Opportunity Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 6 reducing their positions, and 7 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 6
12.17% more ownership
Funds ownership: 13.91% → 26.08% (+12%)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
6% less funds holding
Funds holding: 36 → 34 (-2)
31% less capital invested
Capital invested by funds: $29.6M → $20.6M (-$9.06M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.37M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.05M |
| 3 |
Morgan Stanley
New York
|
+$913K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$861K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$778K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.95M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$643K |
| 3 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$416K |
| 4 |
LPL Financial
San Diego,
California
|
-$399K |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$351K |
DMO Hedge Fund Activity: Q1 2020 in Review
34 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q1 2020, worth a combined $20.6M — down 31% from $29.6M a quarter earlier.
Fund positioning in DMO was balanced in Q1 2020: 7 funds opened new positions, 7 closed out, 16 added to existing stakes and 6 trimmed.
The largest buyer was Landscape Capital Management, adding an estimated $1.37M. The largest seller was Royal Bank of Canada, cutting an estimated $1.95M.
- 34 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q1 2020, down from 36 in Q4 2019.
- Funds reported $20.6M of Western Asset Mortgage Opportunity Fund stock for Q1 2020, down 31% quarter-over-quarter.
- 7 funds opened new Western Asset Mortgage Opportunity Fund positions in Q1 2020 and 7 closed out, a net change of 0 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q1 2020 was Landscape Capital Management, an estimated $1.37M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q1 2020 was Royal Bank of Canada, an estimated $1.95M sold.
Based on aggregated 13F filings for Q1 2020.