Western Asset Municipal Defined Opportunity Trust Inc.
MTT
MTT was delisted on the 30th of April, 2021.
30 hedge funds and large institutions have $29.9M invested in Western Asset Municipal Defined Opportunity Trust Inc. in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
3% more funds holding
Funds holding: 29 → 30 (+1)
3% more capital invested
Capital invested by funds: $28.9M → $29.9M (+$925K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$711K |
| 2 |
Morgan Stanley
New York
|
+$538K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$109K |
| 4 |
VanEck Associates
New York
|
+$70.4K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$48.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$243K |
| 2 |
LPL Financial
San Diego,
California
|
-$225K |
| 3 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$122K |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$93.9K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$89.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $15K | +$148 | +6 | +1% |
|
|
NFG
27
Next Financial Group
Houston,
Texas
| $9K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $9K | +$9.37K | +380 | New |
|
|
AIM
29
Acrospire Investment Management
Chicago,
Illinois
| $7K | +$7.39K | +300 | New |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $6K | +$5.55K | +225 | New |
|
|
AIG
31
American International Group
New York
| – | -$243K | -9,804 | Closed |
|
|
FAM
32
Formidable Asset Management
Cincinnati,
Ohio
| – | -$18K | -750 | Closed |
|
|
JIC
33
Joel Isaacson & Co
New York
| – | -$12K | -500 | Closed |
|
MTT Hedge Fund Activity: Q2 2016 in Review
30 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal Defined Opportunity Trust Inc. (MTT) for Q2 2016, worth a combined $29.9M — up 3.2% from $28.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MTT positions and 4 closed out — a net gain of 1 holder — while 12 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $711K. The largest seller was American International Group, exiting entirely with an estimated $243K sold.
- 30 institutional investors held Western Asset Municipal Defined Opportunity Trust Inc. (MTT) as of Q2 2016, up from 29 in Q1 2016.
- Funds reported $29.9M of Western Asset Municipal Defined Opportunity Trust Inc. stock for Q2 2016, up 3.2% quarter-over-quarter.
- 5 funds opened new Western Asset Municipal Defined Opportunity Trust Inc. positions in Q2 2016 and 4 closed out, a net change of +1 holder.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. buyer in Q2 2016 was Bank of America, an estimated $711K added.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. seller in Q2 2016 was American International Group, an estimated $243K sold.
Based on aggregated 13F filings for Q2 2016.