Western Asset Worldwide Income
SBW
SBW was delisted on the 16th of December, 2016.
33 hedge funds and large institutions have $29.2M invested in Western Asset Worldwide Income in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
14% more capital invested
Capital invested by funds: $25.7M → $29.2M (+$3.52M)
6% more funds holding
Funds holding: 31 → 33 (+2)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.14M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.62M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$869K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$727K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$503K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$784K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$583K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$491K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$409K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$289K |
SBW Hedge Fund Activity: Q4 2013 in Review
33 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Western Asset Worldwide Income (SBW) for Q4 2013, worth a combined $29.2M — up 14% from $25.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SBW positions and 7 closed out — a net gain of 2 holders — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.14M. The largest seller was Advisors Asset Management, cutting an estimated $784K.
- 33 institutional investors held Western Asset Worldwide Income (SBW) as of Q4 2013, up from 31 in Q3 2013.
- Funds reported $29.2M of Western Asset Worldwide Income stock for Q4 2013, up 14% quarter-over-quarter.
- 9 funds opened new Western Asset Worldwide Income positions in Q4 2013 and 7 closed out, a net change of +2 holders.
- The largest Western Asset Worldwide Income buyer in Q4 2013 was Rivernorth Capital Management, an estimated $2.14M added.
- The largest Western Asset Worldwide Income seller in Q4 2013 was Advisors Asset Management, an estimated $784K sold.
Based on aggregated 13F filings for Q4 2013.