Western Asset Mortgage Opportunity Fund
DMO
39 hedge funds and large institutions have $30.3M invested in Western Asset Mortgage Opportunity Fund in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
47% more capital invested
Capital invested by funds: $20.6M → $30.3M (+$9.74M)
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
18% more funds holding
Funds holding: 33 → 39 (+6)
5.95% less ownership
Funds ownership: 25.65% → 19.7% (-6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.68M |
| 2 |
FM
Family Management
New York
|
+$822K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$503K |
| 4 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$489K |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$439K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$12.3M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$493K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$420K |
| 5 |
EWM
Edge Wealth Management
New York
|
-$128K |
DMO Hedge Fund Activity: Q2 2020 in Review
39 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q2 2020, worth a combined $30.3M — up 47% from $20.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DMO positions and 4 closed out — a net gain of 6 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.68M. The largest seller was Osaic Holdings, cutting an estimated $12.3M.
- 39 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q2 2020, up from 33 in Q1 2020.
- Funds reported $30.3M of Western Asset Mortgage Opportunity Fund stock for Q2 2020, up 47% quarter-over-quarter.
- 10 funds opened new Western Asset Mortgage Opportunity Fund positions in Q2 2020 and 4 closed out, a net change of +6 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q2 2020 was Sit Investment Associates, an estimated $1.68M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q2 2020 was Osaic Holdings, an estimated $12.3M sold.
Based on aggregated 13F filings for Q2 2020.