Western Asset Corporate Loan Fund Inc.
TLI was delisted on the 20th of November, 2020.
28 hedge funds and large institutions have $41.7M invested in Western Asset Corporate Loan Fund Inc. in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
34% more capital invested
Capital invested by funds: $31.2M → $41.7M (+$10.5M)
8% more funds holding
Funds holding: 26 → 28 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shelton Capital Management
Denver,
Colorado
|
+$2.52M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.2M |
| 3 |
RVPG
Relative Value Partners Group
|
+$2.03M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.68M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$698K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$466K |
| 3 |
Morgan Stanley
New York
|
-$392K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$290K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$236K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $11K | – | – | – |
|
27
JP Morgan Chase
New York
| $5K | – | – | – |
|
|
28
Cohen & Steers
New York
| – | -$698K | -81,625 | Closed |
|
|
MIG
29
Mariner Investment Group
Harrison,
New York
| – | -$290K | -33,836 | Closed |
|
|
AC
30
Almitas Capital
Santa Monica,
California
| – | -$236K | -27,589 | Closed |
|
|
BBPWM
31
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$60K | -7,068 | Closed |
|
TLI Hedge Fund Activity: Q3 2020 in Review
28 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Western Asset Corporate Loan Fund Inc. (TLI) for Q3 2020, worth a combined $41.7M — up 34% from $31.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new TLI positions and 4 closed out — a net gain of 2 holders — while 6 added to existing stakes and 11 trimmed.
The largest buyer was Shelton Capital Management, opening a new position worth an estimated $2.52M. The largest seller was Cohen & Steers, exiting entirely with an estimated $698K sold.
- 28 institutional investors held Western Asset Corporate Loan Fund Inc. (TLI) as of Q3 2020, up from 26 in Q2 2020.
- Funds reported $41.7M of Western Asset Corporate Loan Fund Inc. stock for Q3 2020, up 34% quarter-over-quarter.
- 6 funds opened new Western Asset Corporate Loan Fund Inc. positions in Q3 2020 and 4 closed out, a net change of +2 holders.
- The largest Western Asset Corporate Loan Fund Inc. buyer in Q3 2020 was Shelton Capital Management, an estimated $2.52M added.
- The largest Western Asset Corporate Loan Fund Inc. seller in Q3 2020 was Cohen & Steers, an estimated $698K sold.
Based on aggregated 13F filings for Q3 2020.