Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
26 hedge funds and large institutions have $41.3M invested in Western Asset Variable Rate Strategic Fund, Inc in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
18% more capital invested
Capital invested by funds: $35M → $41.3M (+$6.33M)
8% more funds holding
Funds holding: 24 → 26 (+2)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.44M |
| 2 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$2.11M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$949K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$399K |
| 5 |
SG Americas Securities
New York
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$653K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$329K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$254K |
| 4 |
Morgan Stanley
New York
|
-$191K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$177K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $18K | – | – | – |
|
|
NES
27
New England Securities
New York
| $18K | – | – | – |
|
|
DA
28
Doliver Advisors
Houston,
Texas
| – | -$653K | -38,440 | Closed |
|
|
SFS
29
Shaker Financial Services
Arlington,
Virginia
| – | -$177K | -10,400 | Closed |
|
30
Ameriprise
Minneapolis,
Minnesota
| – | -$116K | -6,801 | Closed |
|
GFY Hedge Fund Activity: Q4 2013 in Review
26 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q4 2013, worth a combined $41.3M — up 18% from $35M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GFY positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 9 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $2.44M. The largest seller was Doliver Advisors, exiting entirely with an estimated $653K sold.
- 26 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q4 2013, up from 24 in Q3 2013.
- Funds reported $41.3M of Western Asset Variable Rate Strategic Fund, Inc stock for Q4 2013, up 18% quarter-over-quarter.
- 5 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q4 2013 and 3 closed out, a net change of +2 holders.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q4 2013 was Saba Capital Management, an estimated $2.44M added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q4 2013 was Doliver Advisors, an estimated $653K sold.
Based on aggregated 13F filings for Q4 2013.