Western Asset Global Corporate Defined Opportunity Fund
38 hedge funds and large institutions have $115M invested in Western Asset Global Corporate Defined Opportunity Fund in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 7 closing their positions.
9% more capital inflows, than outflows
Capital inflows: $8.73M | Capital outflows: $8.03M
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
0.7% more ownership
Funds ownership: 42.14% → 42.84% (+0.7%)
0% more funds holding
Funds holding: 38 → 38 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.12M |
| 2 |
Yorktown Management & Research Company
Forest,
Virginia
|
+$1.85M |
| 3 |
Morgan Stanley
New York
|
+$677K |
| 4 |
Parametric Portfolio Associates
Seattle,
Washington
|
+$523K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$439K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Saba Capital Management
New York
|
-$2.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.85M |
| 3 |
National Planning Corporation
El Segundo,
California
|
-$1.15M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$954K |
| 5 |
KSCM
Kamunting Street Capital Management
Miami Beach,
Florida
|
-$383K |
GDO Hedge Fund Activity: Q1 2015 in Review
38 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global Corporate Defined Opportunity Fund (GDO) for Q1 2015, worth a combined $115M — up 0.05% from $115M a quarter earlier.
Fund positioning in GDO was balanced in Q1 2015: 7 funds opened new positions, 7 closed out, 13 added to existing stakes and 12 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.12M. The largest seller was Saba Capital Management, cutting an estimated $2.6M.
- 38 institutional investors held Western Asset Global Corporate Defined Opportunity Fund (GDO) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $115M of Western Asset Global Corporate Defined Opportunity Fund stock for Q1 2015, up 0.05% quarter-over-quarter.
- 7 funds opened new Western Asset Global Corporate Defined Opportunity Fund positions in Q1 2015 and 7 closed out, a net change of 0 holders.
- The largest Western Asset Global Corporate Defined Opportunity Fund buyer in Q1 2015 was Wells Fargo, an estimated $2.12M added.
- The largest Western Asset Global Corporate Defined Opportunity Fund seller in Q1 2015 was Saba Capital Management, an estimated $2.6M sold.
Based on aggregated 13F filings for Q1 2015.