Western Asset Corporate Loan Fund Inc.
TLI was delisted on the 20th of November, 2020.
27 hedge funds and large institutions have $35.1M invested in Western Asset Corporate Loan Fund Inc. in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 12 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
2% less capital invested
Capital invested by funds: $35.8M → $35.1M (-$727K)
21% less funds holding
Funds holding: 34 → 27 (-7)
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.53M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.22M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$457K |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$249K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.14M |
| 2 |
TAM
Trust Asset Management
Houston,
Texas
|
-$1.37M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$948K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$211K |
| 5 |
SG Americas Securities
New York
|
-$209K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $5K | – | – | – |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | -$1.87K | -200 | -40% |
|
|
28
LPL Financial
San Diego,
California
| – | -$2.14M | -216,926 | Closed |
|
|
CS
29
Credit Suisse
Zurich,
Switzerland
| – | -$948K | -95,950 | Closed |
|
|
LCM
30
Landscape Capital Management
Englewood,
New Jersey
| – | -$211K | -21,360 | Closed |
|
|
31
SG Americas Securities
New York
| – | -$209K | -21,197 | Closed |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$141K | -14,258 | Closed |
|
33
Squarepoint
New York
| – | -$119K | -12,000 | Closed |
|
34
SEI Investments
Oaks,
Pennsylvania
| – | -$23K | -2,335 | Closed |
|
|
WA
35
WFG Advisors
Dallas,
Texas
| – | -$20K | -1,975 | Closed |
|
|
GWM
36
Gupta Wealth Management
San Diego,
California
| – | -$11K | -1,077 | Closed |
|
|
TJHA
37
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$6K | -600 | Closed |
|
38
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$5K | -496 | Closed |
|
39
Creative Planning
Overland Park,
Kansas
| – | -$3K | -260 | Closed |
|
TLI Hedge Fund Activity: Q1 2016 in Review
27 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Western Asset Corporate Loan Fund Inc. (TLI) for Q1 2016, worth a combined $35.1M — down 2% from $35.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TLI and 5 opened new positions — a net loss of 7 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Shaker Financial Services, adding an estimated $1.53M. The largest seller was LPL Financial, exiting entirely with an estimated $2.14M sold.
- 27 institutional investors held Western Asset Corporate Loan Fund Inc. (TLI) as of Q1 2016, down from 34 in Q4 2015.
- Funds reported $35.1M of Western Asset Corporate Loan Fund Inc. stock for Q1 2016, down 2% quarter-over-quarter.
- 5 funds opened new Western Asset Corporate Loan Fund Inc. positions in Q1 2016 and 12 closed out, a net change of -7 holders.
- The largest Western Asset Corporate Loan Fund Inc. buyer in Q1 2016 was Shaker Financial Services, an estimated $1.53M added.
- The largest Western Asset Corporate Loan Fund Inc. seller in Q1 2016 was LPL Financial, an estimated $2.14M sold.
Based on aggregated 13F filings for Q1 2016.