Western Asset Global Corporate Defined Opportunity Fund
GDO
45 hedge funds and large institutions have $63.6M invested in Western Asset Global Corporate Defined Opportunity Fund in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 1 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
6% more capital invested
Capital invested by funds: $60.3M → $63.6M (+$3.34M)
1.4% more ownership
Funds ownership: 33.05% → 34.45% (+1.4%)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
2% less funds holding
Funds holding: 46 → 45 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.44M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$645K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$333K |
| 4 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$287K |
| 5 |
CWP
Core Wealth Partners
Santa Rosa,
California
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$382K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$134K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$103K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$102K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$75.3K |
GDO Hedge Fund Activity: Q2 2023 in Review
45 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global Corporate Defined Opportunity Fund (GDO) for Q2 2023, worth a combined $63.6M — up 5.5% from $60.3M a quarter earlier.
Fund positioning in GDO was balanced in Q2 2023: 1 fund opened new positions, 1 closed out, 17 added to existing stakes and 12 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.44M. The largest seller was Punch & Associates Investment Management, cutting an estimated $382K.
- 45 institutional investors held Western Asset Global Corporate Defined Opportunity Fund (GDO) as of Q2 2023, down from 46 in Q1 2023.
- Funds reported $63.6M of Western Asset Global Corporate Defined Opportunity Fund stock for Q2 2023, up 5.5% quarter-over-quarter.
- 1 fund opened new Western Asset Global Corporate Defined Opportunity Fund positions in Q2 2023 and 1 closed out, a net change of 0 holders.
- The largest Western Asset Global Corporate Defined Opportunity Fund buyer in Q2 2023 was Sit Investment Associates, an estimated $1.44M added.
- The largest Western Asset Global Corporate Defined Opportunity Fund seller in Q2 2023 was Punch & Associates Investment Management, an estimated $382K sold.
Based on aggregated 13F filings for Q2 2023.