Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
20 hedge funds and large institutions have $44.4M invested in Western Asset Variable Rate Strategic Fund, Inc in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
5% more funds holding
Funds holding: 19 → 20 (+1)
4% more capital invested
Capital invested by funds: $42.8M → $44.4M (+$1.59M)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$362K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$338K |
| 3 |
9WM
9258 Wealth Management
Blue Ash,
Ohio
|
+$175K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$132K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
-$206K |
| 2 |
RVPG
Relative Value Partners Group
|
-$155K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$93.7K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$66.9K |
| 5 |
WCM
WealthBridge Capital Management
Westerville,
Ohio
|
-$51.2K |
GFY Hedge Fund Activity: Q1 2019 in Review
20 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q1 2019, worth a combined $44.4M — up 3.7% from $42.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GFY positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 10 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $362K. The largest seller was Smith, Moore & Co, exiting entirely with an estimated $206K sold.
- 20 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q1 2019, up from 19 in Q4 2018.
- Funds reported $44.4M of Western Asset Variable Rate Strategic Fund, Inc stock for Q1 2019, up 3.7% quarter-over-quarter.
- 3 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q1 2019 and 2 closed out, a net change of +1 holder.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q1 2019 was Susquehanna International Group, an estimated $362K added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q1 2019 was Smith, Moore & Co, an estimated $206K sold.
Based on aggregated 13F filings for Q1 2019.