Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
21 hedge funds and large institutions have $48.5M invested in Western Asset Variable Rate Strategic Fund, Inc in 2014 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 3 closing their positions.
9% more capital invested
Capital invested by funds: $44.4M → $48.5M (+$4.08M)
13% less funds holding
Funds holding: 24 → 21 (-3)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$7.69M |
| 2 |
IT
Independence Trust
Franklin,
Tennessee
|
+$1.43M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$362K |
| 4 |
PIA
Peachtree Investment Advisors
Atlanta,
Georgia
|
+$136K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$15.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$2.02M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.23M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$263K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$206K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$164K |
GFY Hedge Fund Activity: Q3 2014 in Review
21 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q3 2014, worth a combined $48.5M — up 9.2% from $44.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of GFY and 0 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 7 added.
The largest buyer was Relative Value Partners, adding an estimated $7.69M. The largest seller was Saba Capital Management, cutting an estimated $2.02M.
- 21 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q3 2014, down from 24 in Q2 2014.
- Funds reported $48.5M of Western Asset Variable Rate Strategic Fund, Inc stock for Q3 2014, up 9.2% quarter-over-quarter.
- 0 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q3 2014 and 3 closed out, a net change of -3 holders.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q3 2014 was Relative Value Partners, an estimated $7.69M added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q3 2014 was Saba Capital Management, an estimated $2.02M sold.
Based on aggregated 13F filings for Q3 2014.