Western Asset Municipal Defined Opportunity Trust Inc.
MTT
MTT was delisted on the 30th of April, 2021.
32 hedge funds and large institutions have $25.7M invested in Western Asset Municipal Defined Opportunity Trust Inc. in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
14% more funds holding
Funds holding: 28 → 32 (+4)
16% less capital invested
Capital invested by funds: $30.6M → $25.7M (-$4.89M)
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$1.64M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$490K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$215K |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
+$188K |
| 5 |
LPL Financial
San Diego,
California
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.3M |
| 2 |
Morgan Stanley
New York
|
-$975K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$329K |
| 4 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$278K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$247K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIB
26
First Interstate Bank
Billings,
Montana
| $22K | – | – | – |
|
|
WAM
27
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $22K | – | – | – |
|
|
WC
28
Whitnell & Co
Oak Brook,
Illinois
| $22K | – | – | – |
|
29
Creative Planning
Overland Park,
Kansas
| $11K | -$13.7K | -598 | -54% |
|
|
AIM
30
Acrospire Investment Management
Chicago,
Illinois
| $6K | -$2.29K | -100 | -25% |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| $5K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $4K | -$6.54K | -286 | -60% |
|
|
AWMS
33
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$278K | -11,208 | Closed |
|
MTT Hedge Fund Activity: Q4 2016 in Review
32 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal Defined Opportunity Trust Inc. (MTT) for Q4 2016, worth a combined $25.7M — down 16% from $30.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MTT positions and 1 closed out — a net gain of 4 holders — while 6 added to existing stakes and 14 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.64M. The largest seller was Bank of America, cutting an estimated $1.3M.
- 32 institutional investors held Western Asset Municipal Defined Opportunity Trust Inc. (MTT) as of Q4 2016, up from 28 in Q3 2016.
- Funds reported $25.7M of Western Asset Municipal Defined Opportunity Trust Inc. stock for Q4 2016, down 16% quarter-over-quarter.
- 5 funds opened new Western Asset Municipal Defined Opportunity Trust Inc. positions in Q4 2016 and 1 closed out, a net change of +4 holders.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. buyer in Q4 2016 was Laurion Capital Management, an estimated $1.64M added.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. seller in Q4 2016 was Bank of America, an estimated $1.3M sold.
Based on aggregated 13F filings for Q4 2016.