Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
25 hedge funds and large institutions have $53.6M invested in Western Asset Variable Rate Strategic Fund, Inc in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
4% more funds holding
Funds holding: 24 → 25 (+1)
5% less capital invested
Capital invested by funds: $56.1M → $53.6M (-$2.53M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.34M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$402K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$277K |
| 4 |
RVPG
Relative Value Partners Group
|
+$273K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$249K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IT
Independence Trust
Franklin,
Tennessee
|
-$684K |
| 2 |
PIA
Peachtree Investment Advisors
Atlanta,
Georgia
|
-$278K |
| 3 |
AF
Affiance Financial
St. Louis Park,
Minnesota
|
-$218K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$72.6K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$49.1K |
GFY Hedge Fund Activity: Q3 2015 in Review
25 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q3 2015, worth a combined $53.6M — down 4.5% from $56.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GFY positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.34M. The largest seller was Independence Trust, cutting an estimated $684K.
- 25 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q3 2015, up from 24 in Q2 2015.
- Funds reported $53.6M of Western Asset Variable Rate Strategic Fund, Inc stock for Q3 2015, down 4.5% quarter-over-quarter.
- 3 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q3 2015 and 2 closed out, a net change of +1 holder.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q3 2015 was Rivernorth Capital Management, an estimated $1.34M added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q3 2015 was Independence Trust, an estimated $684K sold.
Based on aggregated 13F filings for Q3 2015.