Western Asset Municipal Defined Opportunity Trust Inc.
MTT
MTT was delisted on the 30th of April, 2021.
35 hedge funds and large institutions have $29.6M invested in Western Asset Municipal Defined Opportunity Trust Inc. in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 4 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
10% more capital invested
Capital invested by funds: $26.8M → $29.6M (+$2.78M)
6% more funds holding
Funds holding: 33 → 35 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$647K |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$280K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$254K |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
+$215K |
| 5 |
Morgan Stanley
New York
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
WealthBridge Capital Management
Westerville,
Ohio
|
-$144K |
| 2 |
MFW
Mosaic Family Wealth
St. Louis,
Missouri
|
-$66K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$47.3K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$36.6K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$15.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
26
Advantage Investment Management
Cedar Rapids,
Iowa
| $32K | – | – | – |
|
|
MWM
27
Mascoma Wealth Management
Hanover,
New Hampshire
| $31K | – | – | – |
|
|
FMII
28
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $24K | – | – | – |
|
|
IF
29
Ironwood Financial
Tucson,
Arizona
| $22K | – | – | – |
|
|
DSC
30
Duncker Streett & Co
St. Louis,
Missouri
| $13K | +$13.3K | +617 | New |
|
|
TPWA
31
TRUE Private Wealth Advisors
Salem,
Oregon
| $11K | +$10.8K | +504 | New |
|
|
APA
32
American Portfolios Advisors
Holbrook,
New York
| $10.9K | – | – | – |
|
|
SPIA
33
Steward Partners Investment Advisory
New York
| $8K | +$8.76K | +407 | New |
|
|
QCIG
34
Quad-Cities Investment Group
Davenport,
Iowa
| $6K | +$65 | +3 | +1% |
|
|
IFAM
35
Institutional & Family Asset Management
Fort Collins,
Colorado
| $4K | +$43 | +2 | +1% |
|
36
Koshinski Asset Management
Decatur,
Illinois
| – | -$1.02K | -48,895 | Closed |
|
|
WCM
37
WealthBridge Capital Management
Westerville,
Ohio
| – | -$144K | -6,772 | Closed |
|
|
MFW
38
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$66K | -3,154 | Closed |
|
MTT Hedge Fund Activity: Q2 2019 in Review
35 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal Defined Opportunity Trust Inc. (MTT) for Q2 2019, worth a combined $29.6M — up 10% from $26.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MTT positions and 4 closed out — a net gain of 3 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was Bank of America, adding an estimated $647K. The largest seller was WealthBridge Capital Management, exiting entirely with an estimated $144K sold.
- 35 institutional investors held Western Asset Municipal Defined Opportunity Trust Inc. (MTT) as of Q2 2019, up from 33 in Q1 2019.
- Funds reported $29.6M of Western Asset Municipal Defined Opportunity Trust Inc. stock for Q2 2019, up 10% quarter-over-quarter.
- 7 funds opened new Western Asset Municipal Defined Opportunity Trust Inc. positions in Q2 2019 and 4 closed out, a net change of +3 holders.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. buyer in Q2 2019 was Bank of America, an estimated $647K added.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. seller in Q2 2019 was WealthBridge Capital Management, an estimated $144K sold.
Based on aggregated 13F filings for Q2 2019.