Western Asset Global Corporate Defined Opportunity Fund
44 hedge funds and large institutions have $81.2M invested in Western Asset Global Corporate Defined Opportunity Fund in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
5% more funds holding
Funds holding: 42 → 44 (+2)
0.82% less ownership
Funds ownership: 30.96% → 30.14% (-0.82%)
6% less capital invested
Capital invested by funds: $86M → $81.2M (-$4.79M)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$286K |
| 2 |
Morgan Stanley
New York
|
+$250K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$211K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$207K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$188K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$1.4M |
| 2 |
Cohen & Steers
New York
|
-$919K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$802K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$280K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$182K |
GDO Hedge Fund Activity: Q3 2021 in Review
44 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global Corporate Defined Opportunity Fund (GDO) for Q3 2021, worth a combined $81.2M — down 5.6% from $86M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GDO positions and 3 closed out — a net gain of 2 holders — while 14 added to existing stakes and 17 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $286K. The largest seller was Bramshill Investments, exiting entirely with an estimated $1.4M sold.
- 44 institutional investors held Western Asset Global Corporate Defined Opportunity Fund (GDO) as of Q3 2021, up from 42 in Q2 2021.
- Funds reported $81.2M of Western Asset Global Corporate Defined Opportunity Fund stock for Q3 2021, down 5.6% quarter-over-quarter.
- 5 funds opened new Western Asset Global Corporate Defined Opportunity Fund positions in Q3 2021 and 3 closed out, a net change of +2 holders.
- The largest Western Asset Global Corporate Defined Opportunity Fund buyer in Q3 2021 was Shaker Financial Services, an estimated $286K added.
- The largest Western Asset Global Corporate Defined Opportunity Fund seller in Q3 2021 was Bramshill Investments, an estimated $1.4M sold.
Based on aggregated 13F filings for Q3 2021.