Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
24 hedge funds and large institutions have $49.8M invested in Western Asset Variable Rate Strategic Fund, Inc in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
14% more funds holding
Funds holding: 21 → 24 (+3)
3% more capital invested
Capital invested by funds: $48.5M → $49.8M (+$1.32M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$3.01M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.7M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$275K |
| 4 |
SG Americas Securities
New York
|
+$185K |
| 5 |
IT
Independence Trust
Franklin,
Tennessee
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$446K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$72.1K |
| 3 |
Citigroup
New York
|
-$35.7K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$33.5K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$24.8K |
GFY Hedge Fund Activity: Q4 2014 in Review
24 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q4 2014, worth a combined $49.8M — up 2.7% from $48.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GFY positions and 2 closed out — a net gain of 4 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Relative Value Partners, adding an estimated $3.01M. The largest seller was Saba Capital Management, exiting entirely with an estimated $446K sold.
- 24 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q4 2014, up from 21 in Q3 2014.
- Funds reported $49.8M of Western Asset Variable Rate Strategic Fund, Inc stock for Q4 2014, up 2.7% quarter-over-quarter.
- 6 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q4 2014 and 2 closed out, a net change of +4 holders.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q4 2014 was Relative Value Partners, an estimated $3.01M added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q4 2014 was Saba Capital Management, an estimated $446K sold.
Based on aggregated 13F filings for Q4 2014.