Western Asset Municipal Defined Opportunity Trust Inc.
MTT
MTT was delisted on the 30th of April, 2021.
33 hedge funds and large institutions have $26.8M invested in Western Asset Municipal Defined Opportunity Trust Inc. in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
6% more capital invested
Capital invested by funds: $25.4M → $26.8M (+$1.48M)
13% less funds holding
Funds holding: 38 → 33 (-5)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$651K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$588K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$497K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$464K |
| 5 |
UR
USCA RIA
Houston,
Texas
|
+$214K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$507K |
| 2 |
RVPG
Relative Value Partners Group
|
-$406K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$290K |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$195K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$111K |
MTT Hedge Fund Activity: Q1 2019 in Review
33 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal Defined Opportunity Trust Inc. (MTT) for Q1 2019, worth a combined $26.8M — up 5.8% from $25.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MTT and 3 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 12 added.
The largest buyer was Morgan Stanley, adding an estimated $651K. The largest seller was ClearBridge Investments, exiting entirely with an estimated $507K sold.
- 33 institutional investors held Western Asset Municipal Defined Opportunity Trust Inc. (MTT) as of Q1 2019, down from 38 in Q4 2018.
- Funds reported $26.8M of Western Asset Municipal Defined Opportunity Trust Inc. stock for Q1 2019, up 5.8% quarter-over-quarter.
- 3 funds opened new Western Asset Municipal Defined Opportunity Trust Inc. positions in Q1 2019 and 7 closed out, a net change of -4 holders.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. buyer in Q1 2019 was Morgan Stanley, an estimated $651K added.
- The largest Western Asset Municipal Defined Opportunity Trust Inc. seller in Q1 2019 was ClearBridge Investments, an estimated $507K sold.
Based on aggregated 13F filings for Q1 2019.