Western Asset Premier Bond Fund
WEA
36 hedge funds and large institutions have $31.1M invested in Western Asset Premier Bond Fund in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
13% more capital invested
Capital invested by funds: $27.5M → $31.1M (+$3.61M)
9% more funds holding
Funds holding: 33 → 36 (+3)
3.49% more ownership
Funds ownership: 16.72% → 20.21% (+3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.66M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$543K |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$512K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$357K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.09M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$110K |
| 3 |
CA
Calton & Associates
Tampa,
Florida
|
-$84K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$84K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$49.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
UBS Group
Zurich,
Switzerland
| $128K | -$84K | -6,367 | -39% |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| $127K | +$131K | +9,896 | New |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $85K | +$49.2K | +3,730 | +130% |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $65K | – | – | – |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $59K | -$726 | -55 | -1% |
|
|
VIA
31
Vantage Investment Advisors
State College,
Pennsylvania
| $37K | – | – | – |
|
|
NSIM
32
North Star Investment Management
Chicago,
Illinois
| $13K | – | – | – |
|
|
GWM
33
Geneos Wealth Management
Englewood,
Colorado
| $10K | +$11.2K | +850 | New |
|
|
CCM
34
Cribstone Capital Management
Augusta,
Maine
| $8K | – | – | – |
|
|
35
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$1.09M | -79,070 | Closed |
|
|
CA
36
Calton & Associates
Tampa,
Florida
| – | -$84K | -6,327 | Closed |
|
37
BlackRock
New York
| – | -$14K | -1,000 | Closed |
|
WEA Hedge Fund Activity: Q1 2018 in Review
36 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q1 2018, worth a combined $31.1M — up 13% from $27.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new WEA positions and 3 closed out — a net gain of 3 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $3.66M. The largest seller was Cetera Investment Advisers, exiting entirely with an estimated $1.09M sold.
- 36 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q1 2018, up from 33 in Q4 2017.
- Funds reported $31.1M of Western Asset Premier Bond Fund stock for Q1 2018, up 13% quarter-over-quarter.
- 6 funds opened new Western Asset Premier Bond Fund positions in Q1 2018 and 3 closed out, a net change of +3 holders.
- The largest Western Asset Premier Bond Fund buyer in Q1 2018 was 1607 Capital Partners, an estimated $3.66M added.
- The largest Western Asset Premier Bond Fund seller in Q1 2018 was Cetera Investment Advisers, an estimated $1.09M sold.
Based on aggregated 13F filings for Q1 2018.