Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
22 hedge funds and large institutions have $36.5M invested in Western Asset Variable Rate Strategic Fund, Inc in 2016 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 2 closing their positions.
3% more capital invested
Capital invested by funds: $35.5M → $36.5M (+$924K)
8% less funds holding
Funds holding: 24 → 22 (-2)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$828K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$325K |
| 3 |
RVPG
Relative Value Partners Group
|
+$274K |
| 4 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
+$4.43K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.63K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$409K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$117K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$74.6K |
| 4 |
Morgan Stanley
New York
|
-$63K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$56.8K |
GFY Hedge Fund Activity: Q4 2016 in Review
22 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q4 2016, worth a combined $36.5M — up 2.6% from $35.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of GFY and 0 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 6 added.
The largest buyer was Sit Investment Associates, adding an estimated $828K. The largest seller was Shaker Financial Services, exiting entirely with an estimated $409K sold.
- 22 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q4 2016, down from 24 in Q3 2016.
- Funds reported $36.5M of Western Asset Variable Rate Strategic Fund, Inc stock for Q4 2016, up 2.6% quarter-over-quarter.
- 0 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q4 2016 and 2 closed out, a net change of -2 holders.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q4 2016 was Sit Investment Associates, an estimated $828K added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q4 2016 was Shaker Financial Services, an estimated $409K sold.
Based on aggregated 13F filings for Q4 2016.