Western Asset Worldwide Income
SBW
SBW was delisted on the 16th of December, 2016.
31 hedge funds and large institutions have $25.7M invested in Western Asset Worldwide Income in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 3 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
18% more capital invested
Capital invested by funds: $21.8M → $25.7M (+$3.98M)
15% more funds holding
Funds holding: 27 → 31 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.24M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.4M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$484K |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$388K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$294K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$867K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$250K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$103K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$80.3K |
| 5 |
Citigroup
New York
|
-$35.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PSUF
26
People's United Financial
Bridgeport,
Connecticut
| $13K | – | – | – |
|
27
Ameriprise
Minneapolis,
Minnesota
| $11K | – | – | – |
|
|
MA
28
MUFG Americas
New York
| $8K | – | – | – |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $4K | – | – | – |
|
30
Nomura Holdings
Tokyo,
Japan
| $1K | +$1.25K | +100 | New |
|
|
AIG
31
American International Group
New York
| $880 | – | – | – |
|
|
HF
32
Hoxton Financial
Shepherdstown,
West Virginia
| – | -$5K | -365 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$4K | -337 | Closed |
|
|
WC
34
Whitnell & Co
Oak Brook,
Illinois
| – | -$1K | -75 | Closed |
|
SBW Hedge Fund Activity: Q3 2013 in Review
31 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Western Asset Worldwide Income (SBW) for Q3 2013, worth a combined $25.7M — up 18% from $21.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SBW positions and 3 closed out — a net gain of 4 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.24M. The largest seller was Advisors Asset Management, cutting an estimated $867K.
- 31 institutional investors held Western Asset Worldwide Income (SBW) as of Q3 2013, up from 27 in Q2 2013.
- Funds reported $25.7M of Western Asset Worldwide Income stock for Q3 2013, up 18% quarter-over-quarter.
- 7 funds opened new Western Asset Worldwide Income positions in Q3 2013 and 3 closed out, a net change of +4 holders.
- The largest Western Asset Worldwide Income buyer in Q3 2013 was Rivernorth Capital Management, an estimated $2.24M added.
- The largest Western Asset Worldwide Income seller in Q3 2013 was Advisors Asset Management, an estimated $867K sold.
Based on aggregated 13F filings for Q3 2013.