Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
17 hedge funds and large institutions have $39.7M invested in Western Asset Variable Rate Strategic Fund, Inc in 2018 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 1 closing their positions.
2% more capital invested
Capital invested by funds: $39.1M → $39.7M (+$661K)
6% less funds holding
Funds holding: 18 → 17 (-1)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$363K |
| 2 |
Morgan Stanley
New York
|
+$134K |
| 3 |
RVPG
Relative Value Partners Group
|
+$88.3K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$37.9K |
| 5 |
APSP
Asset Planning Services (Pennsylvania)
Harleysville,
Pennsylvania
|
+$770 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$468K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$395K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$122K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$59.6K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$14K |
GFY Hedge Fund Activity: Q1 2018 in Review
17 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q1 2018, worth a combined $39.7M — up 1.7% from $39.1M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of GFY and 0 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 5 added.
The largest buyer was Sit Investment Associates, adding an estimated $363K. The largest seller was Kovitz Investment Group Partners, cutting an estimated $468K.
- 17 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q1 2018, down from 18 in Q4 2017.
- Funds reported $39.7M of Western Asset Variable Rate Strategic Fund, Inc stock for Q1 2018, up 1.7% quarter-over-quarter.
- 0 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q1 2018 and 1 closed out, a net change of -1 holder.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q1 2018 was Sit Investment Associates, an estimated $363K added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q1 2018 was Kovitz Investment Group Partners, an estimated $468K sold.
Based on aggregated 13F filings for Q1 2018.