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DMO

Western Asset Mortgage Opportunity Fund

49 hedge funds and large institutions have $39.5M invested in Western Asset Mortgage Opportunity Fund in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

2.37% more ownership

Funds ownership: 31.17%33.54% (+2.4%)

2% more funds holding

Funds holding: 4849 (+1)

4% more capital invested

Capital invested by funds: $38M → $39.5M (+$1.5M)

28% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 18

Holders
49
Holders Change
+1
Holders Change %
+2.08%
% of All Funds
0.78%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
13
Reduced
18
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
IWC
1
Integrated Wealth Concepts
Massachusetts
$5.4M -$122K -11,075 -2%
Morgan Stanley
2
Morgan Stanley
New York
$4.55M +$547K +49,807 +13%
SIA
3
Sit Investment Associates
Minnesota
$4.36M -$27.3K -2,484 -0.6%
TJHA
4
Thomas J. Herzfeld Advisors
Florida
$3.01M +$342K +31,172 +12%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$2.55M -$80.9K -7,371 -3%
CPRC
6
Consolidated Portfolio Review Corp
New York
$2.26M +$2.37M +216,285 New
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$2.14M +$184K +16,756 +9%
GC
8
Guggenheim Capital
Illinois
$1.55M +$216K +19,670 +15%
MC
9
Matisse Capital
Oregon
$1.36M -$130K -11,813 -8%
RP
10
Riverbridge Partners
Minnesota
$1.25M +$29.4K +2,679 +2%
MML Investors Services
11
MML Investors Services
Massachusetts
$1.22M +$3.79K +345 +0.3%
Bank of America
12
Bank of America
North Carolina
$989K -$65.4K -5,955 -6%
NA
13
NewEdge Advisors
Louisiana
$864K -$14.2K -1,294 -2%
PAS
14
Park Avenue Securities
New York
$820K -$47.9K -4,367 -5%
Invesco
15
Invesco
Georgia
$796K -$54.4K -4,952 -6%
LPL Financial
16
LPL Financial
California
$564K +$29.5K +2,685 +5%
MC
17
Moors & Cabot
Massachusetts
$532K +$297K +27,100 +114%
UBS Group
18
UBS Group
Switzerland
$519K -$5.42K -494 -1%
AWM
19
AE Wealth Management
Kansas
$401K +$421K +38,395 New
Osaic Holdings
20
Osaic Holdings
Arizona
$378K -$11.4K -1,039 -3%
USCWA
21
U.S. Capital Wealth Advisors
Texas
$370K -$387K -35,272 -50%
RIA
22
Regal Investment Advisors
Michigan
$346K -$16.3K -1,488 -4%
RGC
23
Roberts, Glore & Co
Illinois
$345K +$32.9K +3,000 +10%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$281K -$4.85K -442 -2%
Rockefeller Capital Management
25
Rockefeller Capital Management
New York
$261K

DMO Hedge Fund Activity: Q1 2023 in Review

49 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q1 2023, worth a combined $39.5M — up 4% from $38M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new DMO positions and 6 closed out — a net gain of 2 holders — while 13 added to existing stakes and 18 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $547K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $542K.

  • 49 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q1 2023, up from 48 in Q4 2022.
  • Funds reported $39.5M of Western Asset Mortgage Opportunity Fund stock for Q1 2023, up 4% quarter-over-quarter.
  • 8 funds opened new Western Asset Mortgage Opportunity Fund positions in Q1 2023 and 6 closed out, a net change of +2 holders.
  • The largest Western Asset Mortgage Opportunity Fund buyer in Q1 2023 was Morgan Stanley, an estimated $547K added.
  • The largest Western Asset Mortgage Opportunity Fund seller in Q1 2023 was Raymond James Financial Services Advisors, an estimated $542K sold.

Based on aggregated 13F filings for Q1 2023.