Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
23 hedge funds and large institutions have $33.1M invested in Western Asset Variable Rate Strategic Fund, Inc in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 3 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
1% less capital invested
Capital invested by funds: $33.6M → $33.1M (-$493K)
4% less funds holding
Funds holding: 24 → 23 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.84M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$467K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$128K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$117K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$25.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$2.65M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$217K |
| 3 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$73K |
| 4 |
Morgan Stanley
New York
|
-$71.1K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$53K |
GFY Hedge Fund Activity: Q2 2016 in Review
23 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q2 2016, worth a combined $33.1M — down 1.5% from $33.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of GFY and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 8 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.84M. The largest seller was Relative Value Partners Group, cutting an estimated $2.65M.
- 23 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q2 2016, down from 24 in Q1 2016.
- Funds reported $33.1M of Western Asset Variable Rate Strategic Fund, Inc stock for Q2 2016, down 1.5% quarter-over-quarter.
- 2 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q2 2016 and 3 closed out, a net change of -1 holder.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q2 2016 was Sit Investment Associates, an estimated $1.84M added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q2 2016 was Relative Value Partners Group, an estimated $2.65M sold.
Based on aggregated 13F filings for Q2 2016.