Western Asset Municipal Defined Opportunity Trust Inc.
MTT
MTT was delisted on the 30th of April, 2021.
32 hedge funds and large institutions have $28.9M invested in Western Asset Municipal Defined Opportunity Trust Inc. in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 6 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
3% less capital invested
Capital invested by funds: $29.6M → $28.9M (-$758K)
9% less funds holding
Funds holding: 35 → 32 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$749K |
| 2 |
Morgan Stanley
New York
|
+$337K |
| 3 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$248K |
| 4 |
LPL Financial
San Diego,
California
|
+$245K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$65.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$819K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$588K |
| 3 |
BCP
Berkeley Capital Partners
Milton,
Georgia
|
-$267K |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
-$219K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$121K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMII
26
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $24K | – | – | – |
|
|
IF
27
Ironwood Financial
Tucson,
Arizona
| $22K | – | – | – |
|
|
APA
28
American Portfolios Advisors
Holbrook,
New York
| $10.8K | – | – | – |
|
|
SPIA
29
Steward Partners Investment Advisory
New York
| $8K | – | – | – |
|
|
QCIG
30
Quad-Cities Investment Group
Davenport,
Iowa
| $6K | +$44 | +2 | +0.8% |
|
|
PAM
31
Panagora Asset Management
Boston,
Massachusetts
| $5K | +$4.86K | +223 | New |
|
|
IFAM
32
Institutional & Family Asset Management
Fort Collins,
Colorado
| $4K | +$44 | +2 | +1% |
|
|
BCP
33
Berkeley Capital Partners
Milton,
Georgia
| – | -$267K | -12,225 | Closed |
|
|
34
Mercer Global Advisors
Denver,
Colorado
| – | -$219K | -10,000 | Closed |
|
|
YWP
35
YorkBridge Wealth Partners
New York
| – | -$93K | -4,254 | Closed |
|
|
MWM
36
Mascoma Wealth Management
Hanover,
New Hampshire
| – | -$31K | -1,420 | Closed |
|
|
DSC
37
Duncker Streett & Co
St. Louis,
Missouri
| – | -$13K | -617 | Closed |
|
|
TPWA
38
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$11K | -504 | Closed |
|
MTT Hedge Fund Activity: Q3 2019 in Review
32 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal Defined Opportunity Trust Inc. (MTT) for Q3 2019, worth a combined $28.9M — down 2.6% from $29.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MTT and 3 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 12 added.
The largest buyer was Raymond James & Associates, adding an estimated $749K. The largest seller was Bank of America, cutting an estimated $819K.
- 32 institutional investors held Western Asset Municipal Defined Opportunity Trust Inc. (MTT) as of Q3 2019, down from 35 in Q2 2019.
- Funds reported $28.9M of Western Asset Municipal Defined Opportunity Trust Inc. stock for Q3 2019, down 2.6% quarter-over-quarter.
- 3 funds opened new Western Asset Municipal Defined Opportunity Trust Inc. positions in Q3 2019 and 6 closed out, a net change of -3 holders.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. buyer in Q3 2019 was Raymond James & Associates, an estimated $749K added.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. seller in Q3 2019 was Bank of America, an estimated $819K sold.
Based on aggregated 13F filings for Q3 2019.