Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
19 hedge funds and large institutions have $42.8M invested in Western Asset Variable Rate Strategic Fund, Inc in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 5 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
5% more capital invested
Capital invested by funds: $40.5M → $42.8M (+$2.22M)
14% less funds holding
Funds holding: 22 → 19 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.11M |
| 2 |
RVPG
Relative Value Partners Group
|
+$1.48M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$179K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$19K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.35K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$397K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$181K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$71.6K |
| 4 |
KF
Krilogy Financial
St. Louis,
Missouri
|
-$71K |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$43.9K |
GFY Hedge Fund Activity: Q4 2018 in Review
19 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q4 2018, worth a combined $42.8M — up 5.5% from $40.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GFY and 2 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Sit Investment Associates, adding an estimated $2.11M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $397K sold.
- 19 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q4 2018, down from 22 in Q3 2018.
- Funds reported $42.8M of Western Asset Variable Rate Strategic Fund, Inc stock for Q4 2018, up 5.5% quarter-over-quarter.
- 2 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q4 2018 and 5 closed out, a net change of -3 holders.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q4 2018 was Sit Investment Associates, an estimated $2.11M added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q4 2018 was Susquehanna International Group, an estimated $397K sold.
Based on aggregated 13F filings for Q4 2018.