Western Asset Global Corporate Defined Opportunity Fund
GDO
41 hedge funds and large institutions have $82.7M invested in Western Asset Global Corporate Defined Opportunity Fund in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 0 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
8% more funds holding
Funds holding: 38 → 41 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $83.4M → $82.7M (-$633K)
0.87% less ownership
Funds ownership: 32.57% → 31.7% (-0.87%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
+$518K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$492K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$411K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$339K |
| 5 |
Morgan Stanley
New York
|
+$318K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.8M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.1M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.08M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$545K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$439K |
GDO Hedge Fund Activity: Q1 2017 in Review
41 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global Corporate Defined Opportunity Fund (GDO) for Q1 2017, worth a combined $82.7M — down 0.76% from $83.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GDO positions and 0 closed out — a net gain of 3 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Koshinski Asset Management, adding an estimated $518K. The largest seller was Wells Fargo, cutting an estimated $1.8M.
- 41 institutional investors held Western Asset Global Corporate Defined Opportunity Fund (GDO) as of Q1 2017, up from 38 in Q4 2016.
- Funds reported $82.7M of Western Asset Global Corporate Defined Opportunity Fund stock for Q1 2017, down 0.76% quarter-over-quarter.
- 3 funds opened new Western Asset Global Corporate Defined Opportunity Fund positions in Q1 2017 and 0 closed out, a net change of +3 holders.
- The largest Western Asset Global Corporate Defined Opportunity Fund buyer in Q1 2017 was Koshinski Asset Management, an estimated $518K added.
- The largest Western Asset Global Corporate Defined Opportunity Fund seller in Q1 2017 was Wells Fargo, an estimated $1.8M sold.
Based on aggregated 13F filings for Q1 2017.