Western Asset Municipal Defined Opportunity Trust Inc.
MTT
MTT was delisted on the 30th of April, 2021.
25 hedge funds and large institutions have $24.9M invested in Western Asset Municipal Defined Opportunity Trust Inc. in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 6 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
6% less capital invested
Capital invested by funds: $26.5M → $24.9M (-$1.6M)
7% less funds holding
Funds holding: 27 → 25 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$163K |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$63.4K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$62K |
| 4 |
VanEck Associates
New York
|
+$58.4K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$43K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$430K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$427K |
| 3 |
CB
Chemical Bank
Detroit,
Michigan
|
-$238K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$180K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$147K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
LPL Financial
San Diego,
California
| – | -$430K | -19,326 | Closed |
|
|
DA
27
Doliver Advisors
Houston,
Texas
| – | -$427K | -19,026 | Closed |
|
|
CB
28
Chemical Bank
Detroit,
Michigan
| – | -$238K | -10,595 | Closed |
|
|
FIB
29
First Interstate Bank
Billings,
Montana
| – | -$23K | -1,033 | Closed |
|
|
WC
30
Whitnell & Co
Oak Brook,
Illinois
| – | -$23K | -1,033 | Closed |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| – | -$5K | -225 | Closed |
|
MTT Hedge Fund Activity: Q2 2017 in Review
25 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal Defined Opportunity Trust Inc. (MTT) for Q2 2017, worth a combined $24.9M — down 6% from $26.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MTT and 4 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Bank of America, adding an estimated $163K. The largest seller was LPL Financial, exiting entirely with an estimated $430K sold.
- 25 institutional investors held Western Asset Municipal Defined Opportunity Trust Inc. (MTT) as of Q2 2017, down from 27 in Q1 2017.
- Funds reported $24.9M of Western Asset Municipal Defined Opportunity Trust Inc. stock for Q2 2017, down 6% quarter-over-quarter.
- 4 funds opened new Western Asset Municipal Defined Opportunity Trust Inc. positions in Q2 2017 and 6 closed out, a net change of -2 holders.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. buyer in Q2 2017 was Bank of America, an estimated $163K added.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. seller in Q2 2017 was LPL Financial, an estimated $430K sold.
Based on aggregated 13F filings for Q2 2017.