Western Asset Global Corporate Defined Opportunity Fund
GDO
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.
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
45% more capital inflows, than outflows
Capital inflows: $13.3M | Capital outflows: $9.21M
5% more funds holding
Funds holding: 44 → 46 (+2)
1.46% more ownership
Funds ownership: 30.14% → 31.59% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.93M |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.85M |
| 3 |
Shufro Rose & Co
New York
|
+$723K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$441K |
| 5 |
NewEdge Advisors
New Orleans,
Louisiana
|
+$409K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.08M |
| 2 |
City of London Investment Management
London,
United Kingdom
|
-$3.04M |
| 3 |
Cohen & Steers
New York
|
-$1.85M |
| 4 |
Shaker Financial Services
Arlington,
Virginia
|
-$670K |
| 5 |
FCA Corp
Houston,
Texas
|
-$372K |
GDO Hedge Fund Activity: Q4 2021 in Review
46 of the 6,522 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.