Western Asset Worldwide Income
SBW
SBW was delisted on the 16th of December, 2016.
35 hedge funds and large institutions have $27.1M invested in Western Asset Worldwide Income in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
6% more funds holding
Funds holding: 33 → 35 (+2)
4% less capital invested
Capital invested by funds: $28.3M → $27.1M (-$1.24M)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$621K |
| 2 |
Citigroup
New York
|
+$443K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$384K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$321K |
| 5 |
RTS
Round Table Services
Westfield,
New Jersey
|
+$198K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$880K |
| 3 |
Morgan Stanley
New York
|
-$494K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$286K |
| 5 |
SG Americas Securities
New York
|
-$258K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
26
Panagora Asset Management
Boston,
Massachusetts
| $23K | -$22.3K | -1,982 | -50% |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $14K | -$14.3K | -1,273 | -51% |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $14K | +$14.2K | +1,262 | New |
|
|
GWM
29
Gupta Wealth Management
San Diego,
California
| $11K | +$11.3K | +1,000 | New |
|
|
MA
30
MUFG Americas
New York
| $10K | +$439 | +39 | +5% |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| $7K | – | – | – |
|
|
PSUF
32
People's United Financial
Bridgeport,
Connecticut
| $6K | – | – | – |
|
|
HF
33
Hoxton Financial
Shepherdstown,
West Virginia
| $4K | – | – | – |
|
|
MFS
34
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| $2K | +$2.25K | +200 | New |
|
|
36
AQR Capital Management
Greenwich,
Connecticut
| – | -$880K | -77,125 | Closed |
|
|
BFM
37
Boothbay Fund Management
New York
| – | -$286K | -25,049 | Closed |
|
|
38
SG Americas Securities
New York
| – | -$258K | -22,623 | Closed |
|
|
TC
39
TFS Capital
West Chester,
Pennsylvania
| – | -$185K | -16,208 | Closed |
|
SBW Hedge Fund Activity: Q1 2015 in Review
35 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Western Asset Worldwide Income (SBW) for Q1 2015, worth a combined $27.1M — down 4.4% from $28.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SBW positions and 4 closed out — a net gain of 2 holders — while 7 added to existing stakes and 12 trimmed.
The largest buyer was Yorktown Management & Research Company, opening a new position worth an estimated $621K. The largest seller was Saba Capital Management, cutting an estimated $1.6M.
- 35 institutional investors held Western Asset Worldwide Income (SBW) as of Q1 2015, up from 33 in Q4 2014.
- Funds reported $27.1M of Western Asset Worldwide Income stock for Q1 2015, down 4.4% quarter-over-quarter.
- 6 funds opened new Western Asset Worldwide Income positions in Q1 2015 and 4 closed out, a net change of +2 holders.
- The largest Western Asset Worldwide Income buyer in Q1 2015 was Yorktown Management & Research Company, an estimated $621K added.
- The largest Western Asset Worldwide Income seller in Q1 2015 was Saba Capital Management, an estimated $1.6M sold.
Based on aggregated 13F filings for Q1 2015.