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TLI

Western Asset Corporate Loan Fund Inc.

Delisted

TLI was delisted on the 20th of November, 2020.

31 hedge funds and large institutions have $37.4M invested in Western Asset Corporate Loan Fund Inc. in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 10

17% more capital invested

Capital invested by funds: $32.1M → $37.4M (+$5.35M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

14% less funds holding

Funds holding: 3631 (-5)

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

Holders
31
Holders Change
-5
Holders Change %
-13.89%
% of All Funds
0.61%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
13
Reduced
10
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BI
1
Bulldog Investors
New Jersey
$7.65M +$1.37M +142,709 +23%
SCM
2
Saba Capital Management
New York
$5.85M +$3.25M +339,923 +136%
SIA
3
Sit Investment Associates
Minnesota
$5.41M -$1.93M -201,430 -27%
BFM
4
Boothbay Fund Management
New York
$3.6M +$996K +104,000 +40%
UBS Group
5
UBS Group
Switzerland
$2.61M -$666K -69,520 -21%
AAM
6
Advisors Asset Management
Colorado
$1.95M -$11K -1,149 -0.6%
Wells Fargo
7
Wells Fargo
California
$1.84M +$225K +23,456 +14%
MIG
8
Mariner Investment Group
New York
$1.4M +$596K +62,262 +79%
Cohen & Steers
9
Cohen & Steers
New York
$1.01M
HKAM
10
Horizon Kinetics Asset Management
New York
$884K -$2.87K -300 -0.3%
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$693K +$55.7K +5,820 +9%
GC
12
Guggenheim Capital
Illinois
$640K +$162K +16,895 +35%
RCM
13
Robinson Capital Management
Michigan
$537K -$25.9K -2,710 -5%
RJA
14
Raymond James & Associates
Florida
$499K +$6.4K +668 +1%
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$497K +$481K +50,195 New
ISSM
16
Invesco Senior Secured Management
New York
$447K
SFS
17
Shaker Financial Services
Virginia
$317K +$306K +31,999 New
IA
18
Icon Advisers
Colorado
$312K +$302K +31,492 New
MAFM
19
Mid Atlantic Financial Management
Pennsylvania
$264K -$7.66K -800 -3%
Morgan Stanley
20
Morgan Stanley
New York
$255K -$1.75K -183 -0.7%
SPIA
21
Steward Partners Investment Advisory
New York
$195K -$4.87K -509 -3%
AC
22
Almitas Capital
California
$179K
AG
23
Advisor Group
Arizona
$162K +$1.17K +122 +0.8%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$105K +$4.5K +470 +5%
Bank of America
25
Bank of America
North Carolina
$52K -$958 -100 -2%

TLI Hedge Fund Activity: Q4 2019 in Review

31 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Western Asset Corporate Loan Fund Inc. (TLI) for Q4 2019, worth a combined $37.4M — up 17% from $32.1M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of TLI and 3 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 13 added.

The largest buyer was Saba Capital Management, adding an estimated $3.25M. The largest seller was Sit Investment Associates, cutting an estimated $1.93M.

  • 31 institutional investors held Western Asset Corporate Loan Fund Inc. (TLI) as of Q4 2019, down from 36 in Q3 2019.
  • Funds reported $37.4M of Western Asset Corporate Loan Fund Inc. stock for Q4 2019, up 17% quarter-over-quarter.
  • 3 funds opened new Western Asset Corporate Loan Fund Inc. positions in Q4 2019 and 8 closed out, a net change of -5 holders.
  • The largest Western Asset Corporate Loan Fund Inc. buyer in Q4 2019 was Saba Capital Management, an estimated $3.25M added.
  • The largest Western Asset Corporate Loan Fund Inc. seller in Q4 2019 was Sit Investment Associates, an estimated $1.93M sold.

Based on aggregated 13F filings for Q4 2019.