Western Asset Premier Bond Fund
WEA
28 hedge funds and large institutions have $14.8M invested in Western Asset Premier Bond Fund in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
8% more funds holding
Funds holding: 26 → 28 (+2)
6% more capital invested
Capital invested by funds: $13.9M → $14.8M (+$851K)
0.52% more ownership
Funds ownership: 8.07% → 8.59% (+0.52%)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$981K |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$710K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$517K |
| 4 |
SG Americas Securities
New York
|
+$295K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.04M |
| 2 |
Goldman Sachs
New York
|
-$520K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$405K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$203K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$168K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
26
Winslow Evans & Crocker
Boston,
Massachusetts
| $16K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $5K | -$46K | -3,127 | -90% |
|
28
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $12 | – | – | – |
|
|
29
Goldman Sachs
New York
| – | -$520K | -35,789 | Closed |
|
|
RCM
30
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$203K | -13,951 | Closed |
|
31
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$12K | -830 | Closed |
|
WEA Hedge Fund Activity: Q1 2014 in Review
28 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q1 2014, worth a combined $14.8M — up 6.1% from $13.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new WEA positions and 3 closed out — a net gain of 2 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $981K. The largest seller was Royal Bank of Canada, cutting an estimated $1.04M.
- 28 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q1 2014, up from 26 in Q4 2013.
- Funds reported $14.8M of Western Asset Premier Bond Fund stock for Q1 2014, up 6.1% quarter-over-quarter.
- 5 funds opened new Western Asset Premier Bond Fund positions in Q1 2014 and 3 closed out, a net change of +2 holders.
- The largest Western Asset Premier Bond Fund buyer in Q1 2014 was Sit Investment Associates, an estimated $981K added.
- The largest Western Asset Premier Bond Fund seller in Q1 2014 was Royal Bank of Canada, an estimated $1.04M sold.
Based on aggregated 13F filings for Q1 2014.