Western Asset Diversified Income Fund
WDI
59 hedge funds and large institutions have $189M invested in Western Asset Diversified Income Fund in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
13% more funds holding
Funds holding: 52 → 59 (+7)
10.15% less ownership
Funds ownership: 35.41% → 25.26% (-10%)
27% less capital invested
Capital invested by funds: $259M → $189M (-$69.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.8M |
| 2 |
PI
PFG Investments
Woodbury,
New York
|
+$1.67M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.08M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$782K |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$698K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$54.8M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$15.7M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$11.7M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.17M |
| 5 |
JP Morgan Chase
New York
|
-$692K |
WDI Hedge Fund Activity: Q1 2024 in Review
59 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Western Asset Diversified Income Fund (WDI) for Q1 2024, worth a combined $189M — down 27% from $259M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new WDI positions and 7 closed out — a net gain of 8 holders — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.8M. The largest seller was Morgan Stanley, cutting an estimated $54.8M.
- 59 institutional investors held Western Asset Diversified Income Fund (WDI) as of Q1 2024, up from 52 in Q4 2023.
- Funds reported $189M of Western Asset Diversified Income Fund stock for Q1 2024, down 27% quarter-over-quarter.
- 15 funds opened new Western Asset Diversified Income Fund positions in Q1 2024 and 7 closed out, a net change of +8 holders.
- The largest Western Asset Diversified Income Fund buyer in Q1 2024 was Advisors Asset Management, an estimated $1.8M added.
- The largest Western Asset Diversified Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $54.8M sold.
Based on aggregated 13F filings for Q1 2024.