Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
24 hedge funds and large institutions have $35M invested in Western Asset Variable Rate Strategic Fund, Inc in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
13% more capital invested
Capital invested by funds: $30.9M → $35M (+$4.13M)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0% more funds holding
Funds holding: 24 → 24 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$3.31M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.59M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$189K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$175K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$449K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$363K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$264K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$192K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$125K |
GFY Hedge Fund Activity: Q3 2013 in Review
24 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q3 2013, worth a combined $35M — up 13% from $30.9M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new GFY positions and 1 closed out — a net gain of 1 holder — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Relative Value Partners, adding an estimated $3.31M. The largest seller was Morgan Stanley, cutting an estimated $449K.
- 24 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $35M of Western Asset Variable Rate Strategic Fund, Inc stock for Q3 2013, up 13% quarter-over-quarter.
- 2 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q3 2013 and 1 closed out, a net change of +1 holder.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q3 2013 was Relative Value Partners, an estimated $3.31M added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q3 2013 was Morgan Stanley, an estimated $449K sold.
Based on aggregated 13F filings for Q3 2013.