Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
17 hedge funds and large institutions have $41.4M invested in Western Asset Variable Rate Strategic Fund, Inc in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
2% more capital invested
Capital invested by funds: $40.4M → $41.4M (+$980K)
11% less funds holding
Funds holding: 19 → 17 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$456K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$406K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$111K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$36.5K |
| 5 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$8.48K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$399K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$226K |
| 3 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$186K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$63.3K |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$25.2K |
GFY Hedge Fund Activity: Q3 2017 in Review
17 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q3 2017, worth a combined $41.4M — up 2.4% from $40.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of GFY and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Sit Investment Associates, adding an estimated $456K. The largest seller was Relative Value Partners Group, cutting an estimated $399K.
- 17 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q3 2017, down from 19 in Q2 2017.
- Funds reported $41.4M of Western Asset Variable Rate Strategic Fund, Inc stock for Q3 2017, up 2.4% quarter-over-quarter.
- 1 fund opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q3 2017 and 3 closed out, a net change of -2 holders.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q3 2017 was Sit Investment Associates, an estimated $456K added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q3 2017 was Relative Value Partners Group, an estimated $399K sold.
Based on aggregated 13F filings for Q3 2017.