Western Asset Premier Bond Fund
WEA
38 hedge funds and large institutions have $23.5M invested in Western Asset Premier Bond Fund in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
25% more capital invested
Capital invested by funds: $18.9M → $23.5M (+$4.66M)
9% more funds holding
Funds holding: 35 → 38 (+3)
3.46% more ownership
Funds ownership: 11.82% → 15.27% (+3.5%)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.71M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.33M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$874K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$841K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$650K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$890K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$324K |
| 3 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$286K |
| 4 |
WIA
Westbourne Investment Advisors
Annapolis,
Maryland
|
-$231K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$127K |
WEA Hedge Fund Activity: Q4 2016 in Review
38 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q4 2016, worth a combined $23.5M — up 25% from $18.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new WEA positions and 5 closed out — a net gain of 3 holders — while 12 added to existing stakes and 13 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.71M. The largest seller was Baird Financial Group, exiting entirely with an estimated $890K sold.
- 38 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q4 2016, up from 35 in Q3 2016.
- Funds reported $23.5M of Western Asset Premier Bond Fund stock for Q4 2016, up 25% quarter-over-quarter.
- 8 funds opened new Western Asset Premier Bond Fund positions in Q4 2016 and 5 closed out, a net change of +3 holders.
- The largest Western Asset Premier Bond Fund buyer in Q4 2016 was Sit Investment Associates, an estimated $1.71M added.
- The largest Western Asset Premier Bond Fund seller in Q4 2016 was Baird Financial Group, an estimated $890K sold.
Based on aggregated 13F filings for Q4 2016.