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GDO

Western Asset Global Corporate Defined Opportunity Fund

46 hedge funds and large institutions have $82.6M invested in Western Asset Global Corporate Defined Opportunity Fund in 2021 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 8 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 8

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

5% more funds holding

Funds holding: 4446 (+2)

1.46% more ownership

Funds ownership: 30.14%31.59% (+1.5%)

2% more capital invested

Capital invested by funds: $81.2M → $82.6M (+$1.39M)

Holders
46
Holders Change
+2
Holders Change %
+4.55%
% of All Funds
0.71%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
22
Reduced
8
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$14.1M +$250K +14,163 +2%
PAIM
2
Punch & Associates Investment Management
Minnesota
$9.95M +$2.93M +165,802 +41%
Bank of America
3
Bank of America
North Carolina
$5.97M +$242K +13,692 +4%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$5.18M +$441K +24,942 +9%
PPA
5
Parametric Portfolio Associates
Washington
$4.34M +$124K +6,987 +3%
Allspring Global Investments
6
Allspring Global Investments
North Carolina
$4.08M +$4.13M +233,429 New
FC
7
FCA Corp
Texas
$3.91M -$372K -21,059 -9%
Invesco
8
Invesco
Georgia
$3.65M +$118K +6,653 +3%
Wells Fargo
9
Wells Fargo
California
$3.18M -$3.08M -174,300 -49%
RJA
10
Raymond James & Associates
Florida
$3.12M +$62.3K +3,520 +2%
Cohen & Steers
11
Cohen & Steers
New York
$2.97M -$1.85M -104,691 -38%
GC
12
Guggenheim Capital
Illinois
$2.71M +$156K +8,843 +6%
UBS Group
13
UBS Group
Switzerland
$2.46M +$97.8K +5,529 +4%
Ameriprise
14
Ameriprise
Minnesota
$2.44M +$69.2K +3,913 +3%
RJFSA
15
Raymond James Financial Services Advisors
Florida
$2M -$119K -6,702 -6%
SIA
16
Sit Investment Associates
Minnesota
$1.83M +$1.85M +104,738 New
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$1.65M +$378K +21,349 +29%
SFS
18
Sowell Financial Services
Arkansas
$1.13M
SRC
19
Shufro Rose & Co
New York
$1.13M +$723K +40,900 +175%
Stifel Financial
20
Stifel Financial
Missouri
$660K +$182K +10,307 +38%
MGAM
21
McGowan Group Asset Management
Texas
$651K +$6.84K +387 +1%
Fiera Capital (Canada)
22
Fiera Capital (Canada)
Quebec, Canada
$574K +$16.7K +944 +3%
SFS
23
Shaker Financial Services
Virginia
$484K -$670K -37,875 -58%
DAS
24
Dynamic Advisor Solutions
Arizona
$478K +$75.8K +4,284 +19%
Osaic Holdings
25
Osaic Holdings
Arizona
$443K +$20.8K +1,176 +5%

GDO Hedge Fund Activity: Q4 2021 in Review

46 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global Corporate Defined Opportunity Fund (GDO) for Q4 2021, worth a combined $82.6M — up 1.7% from $81.2M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new GDO positions and 5 closed out — a net gain of 3 holders — while 22 added to existing stakes and 8 trimmed.

The largest buyer was Punch & Associates Investment Management, adding an estimated $2.93M. The largest seller was Wells Fargo, cutting an estimated $3.08M.

  • 46 institutional investors held Western Asset Global Corporate Defined Opportunity Fund (GDO) as of Q4 2021, up from 44 in Q3 2021.
  • Funds reported $82.6M of Western Asset Global Corporate Defined Opportunity Fund stock for Q4 2021, up 1.7% quarter-over-quarter.
  • 8 funds opened new Western Asset Global Corporate Defined Opportunity Fund positions in Q4 2021 and 5 closed out, a net change of +3 holders.
  • The largest Western Asset Global Corporate Defined Opportunity Fund buyer in Q4 2021 was Punch & Associates Investment Management, an estimated $2.93M added.
  • The largest Western Asset Global Corporate Defined Opportunity Fund seller in Q4 2021 was Wells Fargo, an estimated $3.08M sold.

Based on aggregated 13F filings for Q4 2021.