Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
19 hedge funds and large institutions have $40.4M invested in Western Asset Variable Rate Strategic Fund, Inc in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 4 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
5% more capital invested
Capital invested by funds: $38.4M → $40.4M (+$2.06M)
10% less funds holding
Funds holding: 21 → 19 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$1.19M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$414K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$223K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$50.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$48.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$371K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$331K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$175K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$47K |
| 5 |
BKA
Brick & Kyle Associates
Newtown,
Pennsylvania
|
-$18K |
GFY Hedge Fund Activity: Q2 2017 in Review
19 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q2 2017, worth a combined $40.4M — up 5.4% from $38.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GFY and 2 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was Relative Value Partners Group, adding an estimated $1.19M. The largest seller was Bessemer Group, exiting entirely with an estimated $371K sold.
- 19 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q2 2017, down from 21 in Q1 2017.
- Funds reported $40.4M of Western Asset Variable Rate Strategic Fund, Inc stock for Q2 2017, up 5.4% quarter-over-quarter.
- 2 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q2 2017 and 4 closed out, a net change of -2 holders.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q2 2017 was Relative Value Partners Group, an estimated $1.19M added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q2 2017 was Bessemer Group, an estimated $371K sold.
Based on aggregated 13F filings for Q2 2017.