Western Asset Premier Bond Fund
WEA
31 hedge funds and large institutions have $25.2M invested in Western Asset Premier Bond Fund in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 6 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
15% more capital invested
Capital invested by funds: $21.9M → $25.2M (+$3.25M)
3.22% more ownership
Funds ownership: 13.77% → 16.99% (+3.2%)
11% less funds holding
Funds holding: 35 → 31 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.77M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.68M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$813K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$404K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$2.01M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.91M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$714K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$195K |
| 5 |
LPL Financial
San Diego,
California
|
-$188K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $28K | +$15.4K | +1,203 | +116% |
|
|
HF
27
Hoxton Financial
Shepherdstown,
West Virginia
| $25K | – | – | – |
|
|
WEC
28
Winslow Evans & Crocker
Boston,
Massachusetts
| $13.7K | – | – | – |
|
|
AIG
29
American International Group
New York
| $7K | – | – | – |
|
|
IFA
30
Interactive Financial Advisors
New Lenox,
Illinois
| $6K | – | – | – |
|
31
US Bancorp
Minneapolis,
Minnesota
| $4K | – | – | – |
|
|
UCFA
32
United Capital Financial Advisors
Irving,
Texas
| – | -$2.01M | -150,023 | Closed |
|
|
33
Envestnet Asset Management
Chicago,
Illinois
| – | -$1.91M | -142,298 | Closed |
|
|
34
LPL Financial
San Diego,
California
| – | -$188K | -14,166 | Closed |
|
|
WAM
35
Wolverine Asset Management
Chicago,
Illinois
| – | -$86K | -6,473 | Closed |
|
|
GWM
36
Gupta Wealth Management
San Diego,
California
| – | -$11K | -787 | Closed |
|
37
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$8 | -600 | Closed |
|
WEA Hedge Fund Activity: Q3 2015 in Review
31 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q3 2015, worth a combined $25.2M — up 15% from $21.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of WEA and 2 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 11 added.
The largest buyer was Karpus Investment Management, adding an estimated $5.77M. The largest seller was United Capital Financial Advisors, exiting entirely with an estimated $2.01M sold.
- 31 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q3 2015, down from 35 in Q2 2015.
- Funds reported $25.2M of Western Asset Premier Bond Fund stock for Q3 2015, up 15% quarter-over-quarter.
- 2 funds opened new Western Asset Premier Bond Fund positions in Q3 2015 and 6 closed out, a net change of -4 holders.
- The largest Western Asset Premier Bond Fund buyer in Q3 2015 was Karpus Investment Management, an estimated $5.77M added.
- The largest Western Asset Premier Bond Fund seller in Q3 2015 was United Capital Financial Advisors, an estimated $2.01M sold.
Based on aggregated 13F filings for Q3 2015.