Western Asset Diversified Income Fund
WDI
56 hedge funds and large institutions have $198M invested in Western Asset Diversified Income Fund in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 6 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
8% more funds holding
Funds holding: 52 → 56 (+4)
6% more capital invested
Capital invested by funds: $188M → $198M (+$10.3M)
0.23% more ownership
Funds ownership: 28.61% → 28.84% (+0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.7M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.81M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.42M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.86M |
| 2 |
SCM
Saba Capital Management
New York
|
-$4.84M |
| 3 |
RVPG
Relative Value Partners Group
|
-$2.32M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.36M |
| 5 |
FM
Family Management
New York
|
-$601K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AW
51
Avion Wealth
The Woodlands,
Texas
| $15K | – | – | – |
|
|
FIA
52
FNY Investment Advisers
New York
| $13K | +$13.8K | +1,000 | New |
|
53
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $3K | +$3.13K | +227 | New |
|
|
EWA
54
EverSource Wealth Advisors
Birmingham,
Alabama
| $1.57K | – | – | – |
|
|
CS
55
Clear Street
New York
| $1.14K | +$1.19K | +86 | New |
|
56
Commonwealth Equity Services
Waltham,
Massachusetts
| $429 | +$16.2K | +1,178 | +4% |
|
|
QC
57
Quantedge Capital
Singapore
| – | -$326K | -25,705 | Closed |
|
58
Walleye Capital
New York
| – | -$299K | -23,535 | Closed |
|
59
Jane Street
New York
| – | -$185K | -14,537 | Closed |
|
|
WAM
60
Weiss Asset Management
Boston,
Massachusetts
| – | -$171K | -13,453 | Closed |
|
|
VF
61
Virtu Financial
New York
| – | -$143K | -11,221 | Closed |
|
|
IA
62
IFP Advisors
Tampa,
Florida
| – | -$5K | -228 | Closed |
|
WDI Hedge Fund Activity: Q1 2023 in Review
56 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Western Asset Diversified Income Fund (WDI) for Q1 2023, worth a combined $198M — up 5.5% from $188M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new WDI positions and 6 closed out — a net gain of 4 holders — while 23 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.7M. The largest seller was Rivernorth Capital Management, cutting an estimated $4.86M.
- 56 institutional investors held Western Asset Diversified Income Fund (WDI) as of Q1 2023, up from 52 in Q4 2022.
- Funds reported $198M of Western Asset Diversified Income Fund stock for Q1 2023, up 5.5% quarter-over-quarter.
- 10 funds opened new Western Asset Diversified Income Fund positions in Q1 2023 and 6 closed out, a net change of +4 holders.
- The largest Western Asset Diversified Income Fund buyer in Q1 2023 was Morgan Stanley, an estimated $9.7M added.
- The largest Western Asset Diversified Income Fund seller in Q1 2023 was Rivernorth Capital Management, an estimated $4.86M sold.
Based on aggregated 13F filings for Q1 2023.