Western Asset Premier Bond Fund
WEA
33 hedge funds and large institutions have $27.5M invested in Western Asset Premier Bond Fund in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 4 closing their positions.
15% more capital invested
Capital invested by funds: $23.9M → $27.5M (+$3.63M)
2.23% more ownership
Funds ownership: 14.49% → 16.72% (+2.2%)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
3% less funds holding
Funds holding: 34 → 33 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $63K | -$15K | -1,085 | -19% |
|
|
VIA
27
Vantage Investment Advisors
State College,
Pennsylvania
| $40K | – | – | – |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $40K | +$38.7K | +2,800 | +3,544% |
|
|
NSIM
29
North Star Investment Management
Chicago,
Illinois
| $14K | – | – | – |
|
30
BlackRock
New York
| $14K | +$13.8K | +1,000 | New |
|
|
CCM
31
Cribstone Capital Management
Augusta,
Maine
| $8K | – | – | – |
|
|
DA
32
Doliver Advisors
Houston,
Texas
| – | -$249K | -17,998 | Closed |
|
|
CSIC
33
Clifford Swan Investment Counsel
Pasadena,
California
| – | -$148K | -10,675 | Closed |
|
34
Ameriprise
Minneapolis,
Minnesota
| – | -$147K | -10,612 | Closed |
|
35
SEI Investments
Oaks,
Pennsylvania
| – | -$15.8K | -1,145 | -99% |
|
|
WAM
36
Wolverine Asset Management
Chicago,
Illinois
| – | -$2K | -200 | Closed |
|
WEA Hedge Fund Activity: Q4 2017 in Review
33 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q4 2017, worth a combined $27.5M — up 15% from $23.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of WEA and 3 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 11 added.
The largest buyer was 1607 Capital Partners, adding an estimated $2.14M. The largest seller was Doliver Advisors, exiting entirely with an estimated $249K sold.
- 33 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q4 2017, down from 34 in Q3 2017.
- Funds reported $27.5M of Western Asset Premier Bond Fund stock for Q4 2017, up 15% quarter-over-quarter.
- 3 funds opened new Western Asset Premier Bond Fund positions in Q4 2017 and 4 closed out, a net change of -1 holder.
- The largest Western Asset Premier Bond Fund buyer in Q4 2017 was 1607 Capital Partners, an estimated $2.14M added.
- The largest Western Asset Premier Bond Fund seller in Q4 2017 was Doliver Advisors, an estimated $249K sold.
Based on aggregated 13F filings for Q4 2017.