Western Asset Global Corporate Defined Opportunity Fund
41 hedge funds and large institutions have $79.5M invested in Western Asset Global Corporate Defined Opportunity Fund in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 5 closing their positions.
0% more funds holding
Funds holding: 41 → 41 (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: 5 | Existing positions closed: 5
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
4% less capital invested
Capital invested by funds: $82.7M → $79.5M (-$3.26M)
1.95% less ownership
Funds ownership: 31.7% → 29.75% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.27M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$763K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$325K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$295K |
| 5 |
Morgan Stanley
New York
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.11M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.61M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$617K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$422K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$400K |
GDO Hedge Fund Activity: Q2 2017 in Review
41 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global Corporate Defined Opportunity Fund (GDO) for Q2 2017, worth a combined $79.5M — down 3.9% from $82.7M a quarter earlier.
Fund positioning in GDO was balanced in Q2 2017: 5 funds opened new positions, 5 closed out, 14 added to existing stakes and 14 trimmed.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $1.27M. The largest seller was 1607 Capital Partners, cutting an estimated $4.11M.
- 41 institutional investors held Western Asset Global Corporate Defined Opportunity Fund (GDO) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $79.5M of Western Asset Global Corporate Defined Opportunity Fund stock for Q2 2017, down 3.9% quarter-over-quarter.
- 5 funds opened new Western Asset Global Corporate Defined Opportunity Fund positions in Q2 2017 and 5 closed out, a net change of 0 holders.
- The largest Western Asset Global Corporate Defined Opportunity Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $1.27M added.
- The largest Western Asset Global Corporate Defined Opportunity Fund seller in Q2 2017 was 1607 Capital Partners, an estimated $4.11M sold.
Based on aggregated 13F filings for Q2 2017.