Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
23 hedge funds and large institutions have $52.5M invested in Western Asset Variable Rate Strategic Fund, Inc in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 3 closing their positions.
6% more capital invested
Capital invested by funds: $49.8M → $52.5M (+$2.75M)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
4% less funds holding
Funds holding: 24 → 23 (-1)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$3M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$830K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$300K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$174K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$439K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$273K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$221K |
| 4 |
SG Americas Securities
New York
|
-$184K |
| 5 |
IT
Independence Trust
Franklin,
Tennessee
|
-$128K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
SG Americas Securities
New York
| – | -$184K | -11,040 | Closed |
|
GFY Hedge Fund Activity: Q1 2015 in Review
23 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q1 2015, worth a combined $52.5M — up 5.5% from $49.8M a quarter earlier.
Fund positioning in GFY was balanced in Q1 2015: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 9 trimmed.
The largest buyer was Relative Value Partners, adding an estimated $3M. The largest seller was Citigroup, cutting an estimated $439K.
- 23 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q1 2015, down from 24 in Q4 2014.
- Funds reported $52.5M of Western Asset Variable Rate Strategic Fund, Inc stock for Q1 2015, up 5.5% quarter-over-quarter.
- 3 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q1 2015 and 3 closed out, a net change of 0 holders.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q1 2015 was Relative Value Partners, an estimated $3M added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q1 2015 was Citigroup, an estimated $439K sold.
Based on aggregated 13F filings for Q1 2015.