Western Asset Worldwide Income
SBW
SBW was delisted on the 16th of December, 2016.
34 hedge funds and large institutions have $25.5M invested in Western Asset Worldwide Income in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 3 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
3% less funds holding
Funds holding: 35 → 34 (-1)
6% less capital invested
Capital invested by funds: $27.1M → $25.5M (-$1.6M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$391K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$279K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$176K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$142K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$864K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$432K |
| 3 |
SCM
Saba Capital Management
New York
|
-$282K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$168K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$62.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $12K | -$1.24K | -109 | -9% |
|
|
GWM
27
Gupta Wealth Management
San Diego,
California
| $11K | – | – | – |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $10K | -$3.49K | -306 | -25% |
|
|
SFWA
29
Summit Financial Wealth Advisors
Lafayette,
Louisiana
| $10K | +$11.4K | +1,000 | New |
|
|
MA
30
MUFG Americas
New York
| $7K | -$2.76K | -242 | -27% |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| $7K | – | – | – |
|
|
PSUF
32
People's United Financial
Bridgeport,
Connecticut
| $5K | – | – | – |
|
|
HF
33
Hoxton Financial
Shepherdstown,
West Virginia
| $4K | – | – | – |
|
|
SIA
34
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$432K | -38,068 | Closed |
|
|
CA
35
Cornerstone Advisors
Asheville,
North Carolina
| – | -$168K | -14,796 | Closed |
|
|
MFS
36
MSI Financial Services
Springfield,
Massachusetts
| – | -$3.3K | -290 | -99% |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$2K | -200 | Closed |
|
SBW Hedge Fund Activity: Q2 2015 in Review
34 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Western Asset Worldwide Income (SBW) for Q2 2015, worth a combined $25.5M — down 5.9% from $27.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SBW and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 14 added.
The largest buyer was Panagora Asset Management, adding an estimated $391K. The largest seller was Morgan Stanley, cutting an estimated $864K.
- 34 institutional investors held Western Asset Worldwide Income (SBW) as of Q2 2015, down from 35 in Q1 2015.
- Funds reported $25.5M of Western Asset Worldwide Income stock for Q2 2015, down 5.9% quarter-over-quarter.
- 2 funds opened new Western Asset Worldwide Income positions in Q2 2015 and 3 closed out, a net change of -1 holder.
- The largest Western Asset Worldwide Income buyer in Q2 2015 was Panagora Asset Management, an estimated $391K added.
- The largest Western Asset Worldwide Income seller in Q2 2015 was Morgan Stanley, an estimated $864K sold.
Based on aggregated 13F filings for Q2 2015.