Western Asset Premier Bond Fund
WEA
26 hedge funds and large institutions have $14.7M invested in Western Asset Premier Bond Fund in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 3 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
0.29% less ownership
Funds ownership: 8.59% → 8.3% (-0.29%)
1% less capital invested
Capital invested by funds: $14.8M → $14.7M (-$97.6K)
7% less funds holding
Funds holding: 28 → 26 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$822K |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$201K |
| 3 |
OC
Oppenheimer & Co
New York
|
+$191K |
| 4 |
Morgan Stanley
New York
|
+$49.6K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$35K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$854K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$512K |
| 3 |
Citigroup
New York
|
-$158K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$131K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$57K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $12K | – | – | – |
|
|
SFS
27
Shaker Financial Services
Arlington,
Virginia
| – | -$512K | -35,191 | Closed |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$40K | -2,783 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$5K | -353 | Closed |
|
WEA Hedge Fund Activity: Q2 2014 in Review
26 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q2 2014, worth a combined $14.7M — down 0.66% from $14.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of WEA and 1 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was ProVise Management Group, adding an estimated $822K. The largest seller was Invesco, cutting an estimated $854K.
- 26 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q2 2014, down from 28 in Q1 2014.
- Funds reported $14.7M of Western Asset Premier Bond Fund stock for Q2 2014, down 0.66% quarter-over-quarter.
- 1 fund opened new Western Asset Premier Bond Fund positions in Q2 2014 and 3 closed out, a net change of -2 holders.
- The largest Western Asset Premier Bond Fund buyer in Q2 2014 was ProVise Management Group, an estimated $822K added.
- The largest Western Asset Premier Bond Fund seller in Q2 2014 was Invesco, an estimated $854K sold.
Based on aggregated 13F filings for Q2 2014.