Western Asset Global Corporate Defined Opportunity Fund
GDO
36 hedge funds and large institutions have $61.7M invested in Western Asset Global Corporate Defined Opportunity Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 7 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
1% more capital invested
Capital invested by funds: $61.2M → $61.7M (+$481K)
0.16% more ownership
Funds ownership: 24.48% → 24.65% (+0.16%)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
3% less funds holding
Funds holding: 37 → 36 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$912K |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$756K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$609K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$388K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$913K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$794K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$439K |
| 4 |
SG Americas Securities
New York
|
-$432K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$278K |
GDO Hedge Fund Activity: Q2 2018 in Review
36 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global Corporate Defined Opportunity Fund (GDO) for Q2 2018, worth a combined $61.7M — up 0.79% from $61.2M a quarter earlier.
Fund positioning in GDO was balanced in Q2 2018: 7 funds opened new positions, 7 closed out, 15 added to existing stakes and 8 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $912K. The largest seller was UBS Group, cutting an estimated $913K.
- 36 institutional investors held Western Asset Global Corporate Defined Opportunity Fund (GDO) as of Q2 2018, down from 37 in Q1 2018.
- Funds reported $61.7M of Western Asset Global Corporate Defined Opportunity Fund stock for Q2 2018, up 0.79% quarter-over-quarter.
- 7 funds opened new Western Asset Global Corporate Defined Opportunity Fund positions in Q2 2018 and 7 closed out, a net change of 0 holders.
- The largest Western Asset Global Corporate Defined Opportunity Fund buyer in Q2 2018 was Rivernorth Capital Management, an estimated $912K added.
- The largest Western Asset Global Corporate Defined Opportunity Fund seller in Q2 2018 was UBS Group, an estimated $913K sold.
Based on aggregated 13F filings for Q2 2018.