Western Asset Variable Rate Strategic Fund, Inc
GFY
GFY was delisted on the 20th of November, 2020.
12 hedge funds and large institutions have $50.2M invested in Western Asset Variable Rate Strategic Fund, Inc in 2019 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 6 closing their positions.
5% more capital invested
Capital invested by funds: $47.7M → $50.2M (+$2.45M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
33% less funds holding
Funds holding: 18 → 12 (-6)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$1.64M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$223K |
| 3 |
Morgan Stanley
New York
|
+$46.3K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$18.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$181 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$380K |
| 2 |
APSP
Asset Planning Services (Pennsylvania)
Harleysville,
Pennsylvania
|
-$117K |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$92K |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$41.7K |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$28K |
GFY Hedge Fund Activity: Q4 2019 in Review
12 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Western Asset Variable Rate Strategic Fund, Inc (GFY) for Q4 2019, worth a combined $50.2M — up 5.1% from $47.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GFY and 0 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Relative Value Partners Group, adding an estimated $1.64M. The largest seller was First Trust Advisors, exiting entirely with an estimated $380K sold.
- 12 institutional investors held Western Asset Variable Rate Strategic Fund, Inc (GFY) as of Q4 2019, down from 18 in Q3 2019.
- Funds reported $50.2M of Western Asset Variable Rate Strategic Fund, Inc stock for Q4 2019, up 5.1% quarter-over-quarter.
- 0 funds opened new Western Asset Variable Rate Strategic Fund, Inc positions in Q4 2019 and 6 closed out, a net change of -6 holders.
- The largest Western Asset Variable Rate Strategic Fund, Inc buyer in Q4 2019 was Relative Value Partners Group, an estimated $1.64M added.
- The largest Western Asset Variable Rate Strategic Fund, Inc seller in Q4 2019 was First Trust Advisors, an estimated $380K sold.
Based on aggregated 13F filings for Q4 2019.