Western Asset Corporate Loan Fund Inc.
TLI was delisted on the 20th of November, 2020.
28 hedge funds and large institutions have $27.1M invested in Western Asset Corporate Loan Fund Inc. in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 4 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
4% more funds holding
Funds holding: 27 → 28 (+1)
3% more capital invested
Capital invested by funds: $26.4M → $27.1M (+$720K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.74M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.05M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$431K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$395K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$361K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$2.54M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$1.02M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$452K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$69.8K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$59.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $1K | – | – | – |
|
|
SPIA
27
Steward Partners Investment Advisory
New York
| $1K | – | – | – |
|
|
DIA
28
Dean Investment Associates
Beavercreek,
Ohio
| – | -$2.54M | -251,370 | Closed |
|
|
LCM
29
Laurion Capital Management
New York
| – | -$1.02M | -100,555 | Closed |
|
30
SEI Investments
Oaks,
Pennsylvania
| – | -$24K | -2,335 | Closed |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| – | -$5K | -500 | Closed |
|
TLI Hedge Fund Activity: Q3 2018 in Review
28 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Western Asset Corporate Loan Fund Inc. (TLI) for Q3 2018, worth a combined $27.1M — up 2.7% from $26.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TLI positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $1.74M. The largest seller was Dean Investment Associates, exiting entirely with an estimated $2.54M sold.
- 28 institutional investors held Western Asset Corporate Loan Fund Inc. (TLI) as of Q3 2018, up from 27 in Q2 2018.
- Funds reported $27.1M of Western Asset Corporate Loan Fund Inc. stock for Q3 2018, up 2.7% quarter-over-quarter.
- 5 funds opened new Western Asset Corporate Loan Fund Inc. positions in Q3 2018 and 4 closed out, a net change of +1 holder.
- The largest Western Asset Corporate Loan Fund Inc. buyer in Q3 2018 was Saba Capital Management, an estimated $1.74M added.
- The largest Western Asset Corporate Loan Fund Inc. seller in Q3 2018 was Dean Investment Associates, an estimated $2.54M sold.
Based on aggregated 13F filings for Q3 2018.