Western Asset Global Corporate Defined Opportunity Fund
GDO
45 hedge funds and large institutions have $61.9M invested in Western Asset Global Corporate Defined Opportunity Fund in 2022 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 8 closing their positions.
137% more capital inflows, than outflows
Capital inflows: $9.9M | Capital outflows: $4.19M
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2.49% more ownership
Funds ownership: 29.93% → 32.42% (+2.5%)
0% more funds holding
Funds holding: 45 → 45 (0)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.23M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.04M |
| 3 |
Cerity Partners
New York
|
+$1.1M |
| 4 |
Punch & Associates Investment Management
Edina,
Minnesota
|
+$660K |
| 5 |
Guggenheim Capital
Chicago,
Illinois
|
+$359K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.06M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$461K |
| 3 |
Wolverine Asset Management
Chicago,
Illinois
|
-$404K |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
-$258K |
| 5 |
Cetera Advisor Networks
El Segundo,
California
|
-$157K |
GDO Hedge Fund Activity: Q4 2022 in Review
45 of the 6,243 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global Corporate Defined Opportunity Fund (GDO) for Q4 2022, worth a combined $61.9M — up 24% from $49.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GDO positions and 8 closed out — a net gain of 1 holder — while 13 added to existing stakes and 13 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $4.23M. The largest seller was Morgan Stanley, cutting an estimated $2.06M.
- 45 institutional investors held Western Asset Global Corporate Defined Opportunity Fund (GDO) as of Q4 2022, unchanged from Q3 2022.
- Funds reported $61.9M of Western Asset Global Corporate Defined Opportunity Fund stock for Q4 2022, up 24% quarter-over-quarter.
- 9 funds opened new Western Asset Global Corporate Defined Opportunity Fund positions in Q4 2022 and 8 closed out, a net change of +1 holder.
- The largest Western Asset Global Corporate Defined Opportunity Fund buyer in Q4 2022 was Sit Investment Associates, an estimated $4.23M added.
- The largest Western Asset Global Corporate Defined Opportunity Fund seller in Q4 2022 was Morgan Stanley, an estimated $2.06M sold.
Based on aggregated 13F filings for Q4 2022.