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GDO

Western Asset Global Corporate Defined Opportunity Fund
GDO

46 hedge funds and large institutions have $82.6M invested in Western Asset Global Corporate Defined Opportunity Fund in 2021 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 8 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 8

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

5% more funds holding

Funds holding: 44 → 46 (+2)

1.46% more ownership

Funds ownership: 30.14% → 31.59% (+1.5%)

2% more capital invested

Capital invested by funds: $81.2M → $82.6M (+$1.39M)

Holders
46
Holders Change
+2
Holders Change %
+4.55%
% of All Funds
0.71%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
22
Reduced
8
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PAIM
Punch & Associates Investment Management
Minnesota
+$2.93M
2
SIA
Sit Investment Associates
Minnesota
+$1.85M
3
SRC
Shufro Rose & Co
New York
+$723K
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$441K
5
NA
NewEdge Advisors
Louisiana
+$409K

Top Sellers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
-$3.08M
2
COLIM
City of London Investment Management
United Kingdom
-$3.04M
3
Cohen & Steers
Cohen & Steers
New York
-$1.85M
4
SFS
Shaker Financial Services
Virginia
-$670K
5
FC
FCA Corp
Texas
-$372K
Name Holding Trade Value Shares
Change 		Change in
Stake
SPIA
26
Steward Partners Investment Advisory
New York
$419K +$60.5K +3,421 +17%
NA
27
NewEdge Advisors
Louisiana
$404K +$409K +23,100 New
CHAM
28
Clear Harbor Asset Management
Connecticut
$351K -$1.77K -100 -0.5%
AWE
29
Avidian Wealth Enterprises
Texas
$334K +$338K +19,111 New
IHL
30
Investment House LLC
California
$285K +$212 +12 +0.1%
CAN
31
Cetera Advisor Networks
California
$279K – – –
Envestnet Asset Management
32
Envestnet Asset Management
Illinois
$279K +$282K +15,929 New
KAS
33
Kestra Advisory Services
Texas
$255K +$58.8K +3,325 +30%
OC
34
Oppenheimer & Co
New York
$200K +$14.7K +830 +8%
CMS
35
Capital Market Strategies
Florida
$196K +$198K +11,203 New
PNC Financial Services Group
36
PNC Financial Services Group
Pennsylvania
$140K – – –
Lazard Asset Management
37
Lazard Asset Management
New York
$63K – – –
AHIA
38
Andrew Hill Investment Advisors
Florida
$55K +$56.6K +3,200 New
SWM
39
Spire Wealth Management
Virginia
$51K – – –
HNWAG
40
High Net Worth Advisory Group
Florida
$41K +$41.6K +2,350 New
Bessemer Group
41
Bessemer Group
New Jersey
$40K – – –
HI
42
Harbour Investments
Wisconsin
$39K -$3.71K -210 -9%
AWM
43
Atticus Wealth Management
Florida
$20K – – –
Northwestern Mutual Wealth Management
44
Northwestern Mutual Wealth Management
Wisconsin
$11K -$38.8K -2,196 -77%
IRC
45
Investors Research Corp
Georgia
$10K – – –
Koshinski Asset Management
46
Koshinski Asset Management
Illinois
$6.63K +$159 +9 +2%
GWM
47
Geneos Wealth Management
Colorado
$4K – – –
COLIM
48
City of London Investment Management
United Kingdom
– -$3.04M -166,243 Closed
Citigroup
49
Citigroup
New York
– -$19K -1,078 Closed
HA
50
Herold Advisors
New York
– -$9K -500 Closed
1
2
3

GDO Hedge Fund Activity: Q4 2021 in Review

46 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global Corporate Defined Opportunity Fund (GDO) for Q4 2021, worth a combined $82.6M — up 1.7% from $81.2M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new GDO positions and 5 closed out — a net gain of 3 holders — while 22 added to existing stakes and 8 trimmed.

The largest buyer was Punch & Associates Investment Management, adding an estimated $2.93M. The largest seller was Wells Fargo, cutting an estimated $3.08M.

  • 46 institutional investors held Western Asset Global Corporate Defined Opportunity Fund (GDO) as of Q4 2021, up from 44 in Q3 2021.
  • Funds reported $82.6M of Western Asset Global Corporate Defined Opportunity Fund stock for Q4 2021, up 1.7% quarter-over-quarter.
  • 8 funds opened new Western Asset Global Corporate Defined Opportunity Fund positions in Q4 2021 and 5 closed out, a net change of +3 holders.
  • The largest Western Asset Global Corporate Defined Opportunity Fund buyer in Q4 2021 was Punch & Associates Investment Management, an estimated $2.93M added.
  • The largest Western Asset Global Corporate Defined Opportunity Fund seller in Q4 2021 was Wells Fargo, an estimated $3.08M sold.

Based on aggregated 13F filings for Q4 2021.