Western Asset Municipal Defined Opportunity Trust Inc.
MTT
MTT was delisted on the 30th of April, 2021.
28 hedge funds and large institutions have $30.6M invested in Western Asset Municipal Defined Opportunity Trust Inc. in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
2% more capital invested
Capital invested by funds: $29.9M → $30.6M (+$732K)
7% less funds holding
Funds holding: 30 → 28 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$894K |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$629K |
| 3 |
Morgan Stanley
New York
|
+$598K |
| 4 |
CB
Chemical Bank
Detroit,
Michigan
|
+$282K |
| 5 |
VanEck Associates
New York
|
+$42.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.05M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$502K |
| 3 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$147K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$50K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
-$40K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $12K | +$2.45K | +100 | +26% |
|
|
AIM
27
Acrospire Investment Management
Chicago,
Illinois
| $10K | +$2.45K | +100 | +33% |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $6K | – | – | – |
|
|
29
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$50K | -2,000 | Closed |
|
|
30
US Bancorp
Minneapolis,
Minnesota
| – | -$40K | -1,615 | Closed |
|
31
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$24K | -1,000 | Closed |
|
MTT Hedge Fund Activity: Q3 2016 in Review
28 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal Defined Opportunity Trust Inc. (MTT) for Q3 2016, worth a combined $30.6M — up 2.5% from $29.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MTT and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 15 added.
The largest buyer was Bank of America, adding an estimated $894K. The largest seller was Raymond James & Associates, cutting an estimated $1.05M.
- 28 institutional investors held Western Asset Municipal Defined Opportunity Trust Inc. (MTT) as of Q3 2016, down from 30 in Q2 2016.
- Funds reported $30.6M of Western Asset Municipal Defined Opportunity Trust Inc. stock for Q3 2016, up 2.5% quarter-over-quarter.
- 1 fund opened new Western Asset Municipal Defined Opportunity Trust Inc. positions in Q3 2016 and 3 closed out, a net change of -2 holders.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. buyer in Q3 2016 was Bank of America, an estimated $894K added.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. seller in Q3 2016 was Raymond James & Associates, an estimated $1.05M sold.
Based on aggregated 13F filings for Q3 2016.