Western Asset Corporate Loan Fund Inc.
TLI was delisted on the 20th of November, 2020.
30 hedge funds and large institutions have $27.8M invested in Western Asset Corporate Loan Fund Inc. in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
3% less funds holding
Funds holding: 31 → 30 (-1)
26% less capital invested
Capital invested by funds: $37.4M → $27.8M (-$9.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$3.27M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.15M |
| 3 |
SCM
Saba Capital Management
New York
|
+$1.13M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$936K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
+$705K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.15M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.61M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.04M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$580K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$537K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
26
SignatureFD
Atlanta,
Georgia
| $11K | – | – | – |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $9K | -$3.72K | -400 | -25% |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $7K | – | – | – |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $4K | +$93 | +10 | +2% |
|
|
RCM
30
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$537K | -54,212 | Closed |
|
|
FIA
31
FNY Investment Advisers
New York
| – | -$28K | -2,849 | Closed |
|
TLI Hedge Fund Activity: Q1 2020 in Review
30 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Western Asset Corporate Loan Fund Inc. (TLI) for Q1 2020, worth a combined $27.8M — down 26% from $37.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new TLI positions and 2 closed out — a net gain of 1 holder — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Relative Value Partners Group, opening a new position worth an estimated $3.27M. The largest seller was Sit Investment Associates, cutting an estimated $2.15M.
- 30 institutional investors held Western Asset Corporate Loan Fund Inc. (TLI) as of Q1 2020, down from 31 in Q4 2019.
- Funds reported $27.8M of Western Asset Corporate Loan Fund Inc. stock for Q1 2020, down 26% quarter-over-quarter.
- 3 funds opened new Western Asset Corporate Loan Fund Inc. positions in Q1 2020 and 2 closed out, a net change of +1 holder.
- The largest Western Asset Corporate Loan Fund Inc. buyer in Q1 2020 was Relative Value Partners Group, an estimated $3.27M added.
- The largest Western Asset Corporate Loan Fund Inc. seller in Q1 2020 was Sit Investment Associates, an estimated $2.15M sold.
Based on aggregated 13F filings for Q1 2020.