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GFY

Western Asset Variable Rate Strategic Fund, Inc

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 2219 (-3)

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

Holders
19
Holders Change
-3
Holders Change %
-13.64%
% of All Funds
0.42%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
6
Reduced
5
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$20.5M +$2.11M +133,034 +11%
RVPG
2
Relative Value Partners Group
$15.2M +$1.48M +93,407 +11%
Kovitz Investment Group Partners
3
Kovitz Investment Group Partners
Illinois
$1.5M -$43.9K -2,770 -3%
WCM
4
WealthBridge Capital Management
Ohio
$1.06M +$1.08M +68,420 New
First Trust Advisors
5
First Trust Advisors
Illinois
$1.05M -$71.6K -4,521 -6%
Morgan Stanley
6
Morgan Stanley
New York
$1.05M -$30.7K -1,942 -3%
SI
7
Stephens Inc
Arkansas
$722K +$332 +21 +0%
Wells Fargo
8
Wells Fargo
California
$372K -$15.7K -993 -4%
HighTower Advisors
9
HighTower Advisors
Illinois
$269K -$9.67K -611 -3%
SMC
10
Smith, Moore & Co
Missouri
$206K
UBS Group
11
UBS Group
Switzerland
$205K +$19K +1,198 +10%
Bank of America
12
Bank of America
North Carolina
$176K +$1.35K +85 +0.8%
LCM
13
Landscape Capital Management
New Jersey
$175K +$179K +11,313 New
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$135K
APSP
15
Asset Planning Services (Pennsylvania)
Pennsylvania
$107K +$1.08K +68 +1%
TJHA
16
Thomas J. Herzfeld Advisors
Florida
$20K
CFA
17
Carroll Financial Associates
North Carolina
$16K
Citigroup
18
Citigroup
New York
$12K
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$3K
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
-$397K -24,135 Closed
DA
21
Doliver Advisors
Texas
-$181K -11,002 Closed
KF
22
Krilogy Financial
Missouri
-$71K -4,300 Closed
CPIG
23
Chicago Partners Investment Group
Illinois
-$8K -495 Closed

GFY Hedge Fund Activity: Q4 2018 in Review

19 of the 4,488 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.