Western Asset Mortgage Opportunity Fund
DMO
42 hedge funds and large institutions have $32.4M invested in Western Asset Mortgage Opportunity Fund in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
8% more funds holding
Funds holding: 39 → 42 (+3)
7% more capital invested
Capital invested by funds: $30.3M → $32.4M (+$2.04M)
2.65% more ownership
Funds ownership: 19.7% → 22.35% (+2.7%)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.07M |
| 2 |
PAS
Park Avenue Securities
New York
|
+$888K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$885K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$880K |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$556K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$653K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$473K |
| 3 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$450K |
| 4 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$314K |
| 5 |
CF
Centaurus Financial
Anaheim,
California
|
-$208K |
DMO Hedge Fund Activity: Q3 2020 in Review
42 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q3 2020, worth a combined $32.4M — up 6.7% from $30.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DMO positions and 3 closed out — a net gain of 3 holders — while 14 added to existing stakes and 17 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $1.07M. The largest seller was NWAM LLC, exiting entirely with an estimated $653K sold.
- 42 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q3 2020, up from 39 in Q2 2020.
- Funds reported $32.4M of Western Asset Mortgage Opportunity Fund stock for Q3 2020, up 6.7% quarter-over-quarter.
- 6 funds opened new Western Asset Mortgage Opportunity Fund positions in Q3 2020 and 3 closed out, a net change of +3 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q3 2020 was Envestnet Asset Management, an estimated $1.07M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q3 2020 was NWAM LLC, an estimated $653K sold.
Based on aggregated 13F filings for Q3 2020.