Western Asset Mortgage Opportunity Fund
DMO
48 hedge funds and large institutions have $38M invested in Western Asset Mortgage Opportunity Fund in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
7% more funds holding
Funds holding: 45 → 48 (+3)
0.42% more ownership
Funds ownership: 30.75% → 31.17% (+0.42%)
2% less capital invested
Capital invested by funds: $38.7M → $38M (-$704K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.51M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.27M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$807K |
| 4 |
Morgan Stanley
New York
|
+$430K |
| 5 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$259K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$2.07M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$556K |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$398K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$384K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$369K |
DMO Hedge Fund Activity: Q4 2022 in Review
48 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q4 2022, worth a combined $38M — down 1.8% from $38.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DMO positions and 4 closed out — a net gain of 4 holders — while 18 added to existing stakes and 15 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $1.51M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $2.07M.
- 48 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q4 2022, up from 45 in Q3 2022.
- Funds reported $38M of Western Asset Mortgage Opportunity Fund stock for Q4 2022, down 1.8% quarter-over-quarter.
- 8 funds opened new Western Asset Mortgage Opportunity Fund positions in Q4 2022 and 4 closed out, a net change of +4 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q4 2022 was Royal Bank of Canada, an estimated $1.51M added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q4 2022 was Northwestern Mutual Wealth Management, an estimated $2.07M sold.
Based on aggregated 13F filings for Q4 2022.