Western Asset Diversified Income Fund
WDI
52 hedge funds and large institutions have $259M invested in Western Asset Diversified Income Fund in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 10 reducing their positions, and 9 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 10
39% more capital invested
Capital invested by funds: $186M → $259M (+$72.7M)
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
8.37% more ownership
Funds ownership: 27.04% → 35.41% (+8.4%)
2% more funds holding
Funds holding: 51 → 52 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$57.4M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$3.29M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.26M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.47M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$8.9M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.89M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.18M |
| 4 |
SCM
Saba Capital Management
New York
|
-$1.47M |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
W
51
WealthCollab
Bellevue,
Washington
| $2.35K | +$2.21K | +167 | New |
|
52
Fidelity Investments
Boston,
Massachusetts
| $14 | +$13 | +1 | New |
|
|
53
Allspring Global Investments
Charlotte,
North Carolina
| – | -$8.9M | -672,102 | Closed |
|
|
RCM
54
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$3.18M | -240,368 | Closed |
|
|
SCM
55
Saba Capital Management
New York
| – | -$1.47M | -110,978 | Closed |
|
|
MC
56
Matisse Capital
Portland,
Oregon
| – | -$1.37M | -103,516 | Closed |
|
57
Ameriprise
Minneapolis,
Minnesota
| – | -$533K | -40,250 | Closed |
|
|
SFS
58
Shaker Financial Services
Arlington,
Virginia
| – | -$230K | -17,190 | Closed |
|
|
SA
59
SFI Advisors
Montclair,
New Jersey
| – | -$179K | -13,552 | Closed |
|
|
EC
60
Elequin Capital
New York
| – | -$35.9K | -2,709 | Closed |
|
|
FIA
61
FNY Investment Advisers
New York
| – | -$13K | -1,000 | Closed |
|
WDI Hedge Fund Activity: Q4 2023 in Review
52 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Western Asset Diversified Income Fund (WDI) for Q4 2023, worth a combined $259M — up 39% from $186M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new WDI positions and 9 closed out — a net gain of 2 holders — while 25 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $57.4M. The largest seller was Allspring Global Investments, exiting entirely with an estimated $8.9M sold.
- 52 institutional investors held Western Asset Diversified Income Fund (WDI) as of Q4 2023, up from 51 in Q3 2023.
- Funds reported $259M of Western Asset Diversified Income Fund stock for Q4 2023, up 39% quarter-over-quarter.
- 11 funds opened new Western Asset Diversified Income Fund positions in Q4 2023 and 9 closed out, a net change of +2 holders.
- The largest Western Asset Diversified Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $57.4M added.
- The largest Western Asset Diversified Income Fund seller in Q4 2023 was Allspring Global Investments, an estimated $8.9M sold.
Based on aggregated 13F filings for Q4 2023.