Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
19 hedge funds and large institutions have $47.4M invested in Western Asset Variable Rate Strategic Fund, Inc in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 2 closing their positions.
7% more capital invested
Capital invested by funds: $44.4M → $47.4M (+$3.08M)
5% less funds holding
Funds holding: 20 → 19 (-1)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$3.8M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$122K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$52.1K |
| 4 |
WCM
WealthBridge Capital Management
Westerville,
Ohio
|
+$51.8K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$26.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$863K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$622K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$362K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$50.3K |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$32.8K |
GFY Hedge Fund Activity: Q2 2019 in Review
19 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q2 2019, worth a combined $47.4M — up 7% from $44.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of GFY and 1 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 7 added.
The largest buyer was Relative Value Partners Group, adding an estimated $3.8M. The largest seller was Sit Investment Associates, cutting an estimated $863K.
- 19 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q2 2019, down from 20 in Q1 2019.
- Funds reported $47.4M of Western Asset Variable Rate Strategic Fund, Inc stock for Q2 2019, up 7% quarter-over-quarter.
- 1 fund opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q2 2019 and 2 closed out, a net change of -1 holder.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q2 2019 was Relative Value Partners Group, an estimated $3.8M added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q2 2019 was Sit Investment Associates, an estimated $863K sold.
Based on aggregated 13F filings for Q2 2019.