Western Asset Municipal Defined Opportunity Trust Inc.
MTT
MTT was delisted on the 30th of April, 2021.
27 hedge funds and large institutions have $26.5M invested in Western Asset Municipal Defined Opportunity Trust Inc. in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 6 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
3% more capital invested
Capital invested by funds: $25.7M → $26.5M (+$832K)
16% less funds holding
Funds holding: 32 → 27 (-5)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$835K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$471K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$265K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$200K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.55M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$203K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$139K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$66.5K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$58.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $5K | -$17.8K | -800 | -80% |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $5K | – | – | – |
|
|
LCM
28
Laurion Capital Management
New York
| – | -$1.55M | -71,629 | Closed |
|
|
VKH
29
Virtu KCG Holdings
New York
| – | -$203K | -9,413 | Closed |
|
30
SEI Investments
Oaks,
Pennsylvania
| – | -$33K | -1,520 | Closed |
|
|
WAM
31
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$22K | -1,000 | Closed |
|
|
AIM
32
Acrospire Investment Management
Chicago,
Illinois
| – | -$6K | -300 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$4K | -194 | Closed |
|
MTT Hedge Fund Activity: Q1 2017 in Review
27 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal Defined Opportunity Trust Inc. (MTT) for Q1 2017, worth a combined $26.5M — up 3.2% from $25.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MTT and 2 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 9 added.
The largest buyer was Bank of America, adding an estimated $835K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.55M sold.
- 27 institutional investors held Western Asset Municipal Defined Opportunity Trust Inc. (MTT) as of Q1 2017, down from 32 in Q4 2016.
- Funds reported $26.5M of Western Asset Municipal Defined Opportunity Trust Inc. stock for Q1 2017, up 3.2% quarter-over-quarter.
- 2 funds opened new Western Asset Municipal Defined Opportunity Trust Inc. positions in Q1 2017 and 6 closed out, a net change of -4 holders.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. buyer in Q1 2017 was Bank of America, an estimated $835K added.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. seller in Q1 2017 was Laurion Capital Management, an estimated $1.55M sold.
Based on aggregated 13F filings for Q1 2017.