Western Asset Global Corporate Defined Opportunity Fund
47 hedge funds and large institutions have $63.6M invested in Western Asset Global Corporate Defined Opportunity Fund in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
4% more funds holding
Funds holding: 45 → 47 (+2)
1.47% more ownership
Funds ownership: 34.45% → 35.92% (+1.5%)
0% less capital invested
Capital invested by funds: $63.6M → $63.6M (-$27.2K)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.37M |
| 2 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$434K |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$422K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$386K |
| 5 |
FC
FCA Corp
Houston,
Texas
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$719K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$457K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$148K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$132K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$126K |
GDO Hedge Fund Activity: Q3 2023 in Review
47 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global Corporate Defined Opportunity Fund (GDO) for Q3 2023, worth a combined $63.6M — down 0.04% from $63.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GDO positions and 2 closed out — a net gain of 2 holders — while 12 added to existing stakes and 13 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.37M. The largest seller was Morgan Stanley, cutting an estimated $719K.
- 47 institutional investors held Western Asset Global Corporate Defined Opportunity Fund (GDO) as of Q3 2023, up from 45 in Q2 2023.
- Funds reported $63.6M of Western Asset Global Corporate Defined Opportunity Fund stock for Q3 2023, down 0.04% quarter-over-quarter.
- 4 funds opened new Western Asset Global Corporate Defined Opportunity Fund positions in Q3 2023 and 2 closed out, a net change of +2 holders.
- The largest Western Asset Global Corporate Defined Opportunity Fund buyer in Q3 2023 was Sit Investment Associates, an estimated $2.37M added.
- The largest Western Asset Global Corporate Defined Opportunity Fund seller in Q3 2023 was Morgan Stanley, an estimated $719K sold.
Based on aggregated 13F filings for Q3 2023.