Western Asset Municipal Defined Opportunity Trust Inc.
MTT
MTT was delisted on the 30th of April, 2021.
30 hedge funds and large institutions have $30M invested in Western Asset Municipal Defined Opportunity Trust Inc. in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
8% less capital invested
Capital invested by funds: $32.7M → $30M (-$2.74M)
17% less funds holding
Funds holding: 36 → 30 (-6)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$591K |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
+$561K |
| 3 |
YWP
YorkBridge Wealth Partners
New York
|
+$414K |
| 4 |
VanEck Associates
New York
|
+$50.9K |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$39.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$953K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$801K |
| 3 |
OLA
Oliver Luxxe Assets
Gladstone,
New Jersey
|
-$574K |
| 4 |
Morgan Stanley
New York
|
-$490K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$384K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bessemer Group
Woodbridge,
New Jersey
| $23K | +$22.9K | +1,081 | New |
|
|
WPA
27
West Paces Advisors
Atlanta,
Georgia
| $21.1K | +$21.1K | +1,000 | New |
|
|
DSC
28
Duncker Streett & Co
St. Louis,
Missouri
| $13K | – | – | – |
|
|
APA
29
American Portfolios Advisors
Holbrook,
New York
| $10.6K | – | – | – |
|
30
Rockefeller Capital Management
New York
| $7K | +$21 | +1 | +0.3% |
|
|
OLA
31
Oliver Luxxe Assets
Gladstone,
New Jersey
| – | -$574K | -27,501 | Closed |
|
32
Millennium Management
New York
| – | -$300K | -14,404 | Closed |
|
|
IAP
33
Indie Asset Partners
Carmel,
Indiana
| – | -$260K | -12,500 | Closed |
|
|
BI
34
Bramshill Investments
Naples,
Florida
| – | -$202K | -9,679 | Closed |
|
|
TPWA
35
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$29K | -1,435 | Closed |
|
36
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$21K | -1,001 | Closed |
|
MTT Hedge Fund Activity: Q1 2021 in Review
30 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal Defined Opportunity Trust Inc. (MTT) for Q1 2021, worth a combined $30M — down 8.4% from $32.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MTT and 3 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 11 added.
The largest buyer was Bank of America, adding an estimated $591K. The largest seller was City of London Investment Management, cutting an estimated $953K.
- 30 institutional investors held Western Asset Municipal Defined Opportunity Trust Inc. (MTT) as of Q1 2021, down from 36 in Q4 2020.
- Funds reported $30M of Western Asset Municipal Defined Opportunity Trust Inc. stock for Q1 2021, down 8.4% quarter-over-quarter.
- 3 funds opened new Western Asset Municipal Defined Opportunity Trust Inc. positions in Q1 2021 and 6 closed out, a net change of -3 holders.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. buyer in Q1 2021 was Bank of America, an estimated $591K added.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. seller in Q1 2021 was City of London Investment Management, an estimated $953K sold.
Based on aggregated 13F filings for Q1 2021.