Western Asset Corporate Loan Fund Inc.
TLI was delisted on the 20th of November, 2020.
23 hedge funds and large institutions have $31M invested in Western Asset Corporate Loan Fund Inc. in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 9 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
12% less capital invested
Capital invested by funds: $35.1M → $31M (-$4.14M)
15% less funds holding
Funds holding: 27 → 23 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.08M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$355K |
| 3 |
LPL Financial
San Diego,
California
|
+$314K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$180K |
| 5 |
LCM
Laurion Capital Management
New York
|
+$130K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.23M |
| 2 |
TAM
Trust Asset Management
Houston,
Texas
|
-$1.11M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$796K |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$427K |
| 5 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$346K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HH
26
Hilltop Holdings
Dallas,
Texas
| – | -$346K | -35,460 | Closed |
|
|
GC
27
Guggenheim Capital
Chicago,
Illinois
| – | -$153K | -15,756 | Closed |
|
|
MM
28
Midas Management
New York
| – | -$121K | -12,400 | Closed |
|
|
DA
29
Doliver Advisors
Houston,
Texas
| – | -$120K | -12,259 | Closed |
|
30
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$21K | -2,129 | Closed |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -300 | Closed |
|
TLI Hedge Fund Activity: Q2 2016 in Review
23 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Western Asset Corporate Loan Fund Inc. (TLI) for Q2 2016, worth a combined $31M — down 12% from $35.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TLI and 5 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 7 added.
The largest buyer was UBS Group, adding an estimated $1.08M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $2.23M sold.
- 23 institutional investors held Western Asset Corporate Loan Fund Inc. (TLI) as of Q2 2016, down from 27 in Q1 2016.
- Funds reported $31M of Western Asset Corporate Loan Fund Inc. stock for Q2 2016, down 12% quarter-over-quarter.
- 5 funds opened new Western Asset Corporate Loan Fund Inc. positions in Q2 2016 and 9 closed out, a net change of -4 holders.
- The largest Western Asset Corporate Loan Fund Inc. buyer in Q2 2016 was UBS Group, an estimated $1.08M added.
- The largest Western Asset Corporate Loan Fund Inc. seller in Q2 2016 was Shaker Financial Services, an estimated $2.23M sold.
Based on aggregated 13F filings for Q2 2016.