Western Asset Global Corporate Defined Opportunity Fund
GDO
43 hedge funds and large institutions have $70M invested in Western Asset Global Corporate Defined Opportunity Fund in 2024 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 9 closing their positions.
2.92% less ownership
Funds ownership: 39.32% → 36.4% (-2.9%)
9% less funds holding
Funds holding: 47 → 43 (-4)
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
42% less capital inflows, than outflows
Capital inflows: $7.31M | Capital outflows: $12.6M
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Almitas Capital
Santa Monica,
California
|
+$2.22M |
| 2 |
Icon Advisers
Greenwood Village,
Colorado
|
+$2.22M |
| 3 |
Jane Street
New York
|
+$2.17M |
| 4 |
Yakira Capital Management
Westport,
Connecticut
|
+$253K |
| 5 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCA Corp
Houston,
Texas
|
-$3.71M |
| 2 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$1.92M |
| 3 |
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.72M |
| 4 |
Morgan Stanley
New York
|
-$1.35M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$941K |
GDO Hedge Fund Activity: Q3 2024 in Review
43 of the 6,986 institutional investors tracked by Wall St. Rank reported a position in Western Asset Global Corporate Defined Opportunity Fund (GDO) for Q3 2024, worth a combined $70M — down 2.4% from $71.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of GDO and 5 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 10 added.
The largest buyer was Almitas Capital, adding an estimated $2.22M. The largest seller was FCA Corp, exiting entirely with an estimated $3.71M sold.
- 43 institutional investors held Western Asset Global Corporate Defined Opportunity Fund (GDO) as of Q3 2024, down from 47 in Q2 2024.
- Funds reported $70M of Western Asset Global Corporate Defined Opportunity Fund stock for Q3 2024, down 2.4% quarter-over-quarter.
- 5 funds opened new Western Asset Global Corporate Defined Opportunity Fund positions in Q3 2024 and 9 closed out, a net change of -4 holders.
- The largest Western Asset Global Corporate Defined Opportunity Fund buyer in Q3 2024 was Almitas Capital, an estimated $2.22M added.
- The largest Western Asset Global Corporate Defined Opportunity Fund seller in Q3 2024 was FCA Corp, an estimated $3.71M sold.
Based on aggregated 13F filings for Q3 2024.