Western Asset Premier Bond Fund
WEA
35 hedge funds and large institutions have $18.9M invested in Western Asset Premier Bond Fund in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 34 → 35 (+1)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
1.98% less ownership
Funds ownership: 13.8% → 11.82% (-2%)
14% less capital invested
Capital invested by funds: $21.8M → $18.9M (-$2.98M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$210K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$183K |
| 3 |
LCM
Laurion Capital Management
New York
|
+$174K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$147K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.38M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$865K |
| 3 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$335K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$194K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$164K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $63K | – | – | – |
|
|
VIA
27
Vantage Investment Advisors
State College,
Pennsylvania
| $39K | – | – | – |
|
|
RFA
28
Reilly Financial Advisors
La Mesa,
California
| $37K | +$37.6K | +2,741 | New |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $23K | – | – | – |
|
|
MFS
30
MSI Financial Services
Springfield,
Massachusetts
| $20K | -$164K | -11,953 | -89% |
|
|
WEC
31
Winslow Evans & Crocker
Boston,
Massachusetts
| $14.8K | – | – | – |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| $14K | -$13.7K | -1,000 | -50% |
|
|
NSIM
33
North Star Investment Management
Chicago,
Illinois
| $13K | – | – | – |
|
|
AG
34
Advisor Group
Phoenix,
Arizona
| $8K | – | – | – |
|
|
IFA
35
Interactive Financial Advisors
New Lenox,
Illinois
| $7K | – | – | – |
|
|
ACP
36
Aviance Capital Partners
Naples,
Florida
| – | -$335K | -25,212 | Closed |
|
|
CRC
37
Curi RMB Capital
Chicago,
Illinois
| – | -$160K | -12,014 | Closed |
|
WEA Hedge Fund Activity: Q3 2016 in Review
35 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q3 2016, worth a combined $18.9M — down 14% from $21.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new WEA positions and 2 closed out — a net gain of 1 holder — while 11 added to existing stakes and 11 trimmed.
The largest buyer was Cetera Investment Advisers, adding an estimated $210K. The largest seller was Sit Investment Associates, cutting an estimated $2.38M.
- 35 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q3 2016, up from 34 in Q2 2016.
- Funds reported $18.9M of Western Asset Premier Bond Fund stock for Q3 2016, down 14% quarter-over-quarter.
- 3 funds opened new Western Asset Premier Bond Fund positions in Q3 2016 and 2 closed out, a net change of +1 holder.
- The largest Western Asset Premier Bond Fund buyer in Q3 2016 was Cetera Investment Advisers, an estimated $210K added.
- The largest Western Asset Premier Bond Fund seller in Q3 2016 was Sit Investment Associates, an estimated $2.38M sold.
Based on aggregated 13F filings for Q3 2016.