Western Asset Global Corporate Defined Opportunity Fund
47 hedge funds and large institutions have $71.8M invested in Western Asset Global Corporate Defined Opportunity Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 7 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
7% more capital invested
Capital invested by funds: $67.2M → $71.8M (+$4.56M)
3.26% more ownership
Funds ownership: 36.06% → 39.32% (+3.3%)
4% less funds holding
Funds holding: 49 → 47 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.88M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$2.47M |
| 3 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$1.92M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.01M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$619K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.61M |
| 2 |
SRC
Shufro Rose & Co
New York
|
-$574K |
| 3 |
PI
PFG Investments
Woodbury,
New York
|
-$464K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$411K |
| 5 |
MSAM
Moloney Securities Asset Management
Manchester,
Missouri
|
-$354K |
GDO Hedge Fund Activity: Q2 2024 in Review
47 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global Corporate Defined Opportunity Fund (GDO) for Q2 2024, worth a combined $71.8M — up 6.8% from $67.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GDO and 6 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 16 added.
The largest buyer was Jane Street, adding an estimated $2.88M. The largest seller was Morgan Stanley, cutting an estimated $1.61M.
- 47 institutional investors held Western Asset Global Corporate Defined Opportunity Fund (GDO) as of Q2 2024, down from 49 in Q1 2024.
- Funds reported $71.8M of Western Asset Global Corporate Defined Opportunity Fund stock for Q2 2024, up 6.8% quarter-over-quarter.
- 6 funds opened new Western Asset Global Corporate Defined Opportunity Fund positions in Q2 2024 and 7 closed out, a net change of -1 holder.
- The largest Western Asset Global Corporate Defined Opportunity Fund buyer in Q2 2024 was Jane Street, an estimated $2.88M added.
- The largest Western Asset Global Corporate Defined Opportunity Fund seller in Q2 2024 was Morgan Stanley, an estimated $1.61M sold.
Based on aggregated 13F filings for Q2 2024.