Western Asset Mortgage Opportunity Fund
DMO
45 hedge funds and large institutions have $27.3M invested in Western Asset Mortgage Opportunity Fund in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 5 closing their positions.
2.54% less ownership
Funds ownership: 22.61% → 20.08% (-2.5%)
4% less funds holding
Funds holding: 47 → 45 (-2)
11% less capital invested
Capital invested by funds: $30.6M → $27.3M (-$3.22M)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$485K |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$344K |
| 3 |
Walleye Capital
New York
|
+$246K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$189K |
| 5 |
JSW
Journey Strategic Wealth
Summit,
New Jersey
|
+$139K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
-$2.22M |
| 2 |
Morgan Stanley
New York
|
-$1.45M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$472K |
| 4 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$201K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$178K |
DMO Hedge Fund Activity: Q3 2024 in Review
45 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Opportunity Fund (DMO) for Q3 2024, worth a combined $27.3M — down 11% from $30.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DMO and 3 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 13 added.
The largest buyer was Royal Bank of Canada, adding an estimated $485K. The largest seller was Pathstone Holdings, exiting entirely with an estimated $2.22M sold.
- 45 institutional investors held Western Asset Mortgage Opportunity Fund (DMO) as of Q3 2024, down from 47 in Q2 2024.
- Funds reported $27.3M of Western Asset Mortgage Opportunity Fund stock for Q3 2024, down 11% quarter-over-quarter.
- 3 funds opened new Western Asset Mortgage Opportunity Fund positions in Q3 2024 and 5 closed out, a net change of -2 holders.
- The largest Western Asset Mortgage Opportunity Fund buyer in Q3 2024 was Royal Bank of Canada, an estimated $485K added.
- The largest Western Asset Mortgage Opportunity Fund seller in Q3 2024 was Pathstone Holdings, an estimated $2.22M sold.
Based on aggregated 13F filings for Q3 2024.