Western Asset Corporate Loan Fund Inc.
TLI was delisted on the 20th of November, 2020.
38 hedge funds and large institutions have $29.2M invested in Western Asset Corporate Loan Fund Inc. in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
6% more funds holding
Funds holding: 36 → 38 (+2)
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
22% less capital invested
Capital invested by funds: $37.4M → $29.2M (-$8.17M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$745K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$231K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$223K |
| 5 |
First Manhattan
New York
|
+$196K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.21M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$531K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$421K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$352K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$352K |
TLI Hedge Fund Activity: Q2 2019 in Review
38 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Western Asset Corporate Loan Fund Inc. (TLI) for Q2 2019, worth a combined $29.2M — down 22% from $37.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new TLI positions and 1 closed out — a net gain of 2 holders — while 15 added to existing stakes and 15 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1M. The largest seller was Almitas Capital, cutting an estimated $1.21M.
- 38 institutional investors held Western Asset Corporate Loan Fund Inc. (TLI) as of Q2 2019, up from 36 in Q1 2019.
- Funds reported $29.2M of Western Asset Corporate Loan Fund Inc. stock for Q2 2019, down 22% quarter-over-quarter.
- 3 funds opened new Western Asset Corporate Loan Fund Inc. positions in Q2 2019 and 1 closed out, a net change of +2 holders.
- The largest Western Asset Corporate Loan Fund Inc. buyer in Q2 2019 was Rivernorth Capital Management, an estimated $1M added.
- The largest Western Asset Corporate Loan Fund Inc. seller in Q2 2019 was Almitas Capital, an estimated $1.21M sold.
Based on aggregated 13F filings for Q2 2019.