Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
19 hedge funds and large institutions have $40.6M invested in Western Asset Variable Rate Strategic Fund, Inc in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
12% more funds holding
Funds holding: 17 → 19 (+2)
2% more capital invested
Capital invested by funds: $39.7M → $40.6M (+$851K)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$786K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$333K |
| 3 |
RVPG
Relative Value Partners Group
|
+$97.3K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$38.6K |
| 5 |
Morgan Stanley
New York
|
+$35.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$45.7K |
| 2 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$27.6K |
| 3 |
APSP
Asset Planning Services (Pennsylvania)
Harleysville,
Pennsylvania
|
-$17.8K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$17.3K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$15.7K |
GFY Hedge Fund Activity: Q2 2018 in Review
19 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q2 2018, worth a combined $40.6M — up 2.1% from $39.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GFY positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Stephens Inc, opening a new position worth an estimated $786K. The largest seller was Sit Investment Associates, cutting an estimated $45.7K.
- 19 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q2 2018, up from 17 in Q1 2018.
- Funds reported $40.6M of Western Asset Variable Rate Strategic Fund, Inc stock for Q2 2018, up 2.1% quarter-over-quarter.
- 3 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q2 2018 and 1 closed out, a net change of +2 holders.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q2 2018 was Stephens Inc, an estimated $786K added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q2 2018 was Sit Investment Associates, an estimated $45.7K sold.
Based on aggregated 13F filings for Q2 2018.