Western Asset Premier Bond Fund
WEA
33 hedge funds and large institutions have $44.4M invested in Western Asset Premier Bond Fund in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
0% less capital invested
Capital invested by funds: $44.6M → $44.4M (-$205K)
0.91% less ownership
Funds ownership: 26.34% → 25.43% (-0.91%)
8% less funds holding
Funds holding: 36 → 33 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$986K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$495K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$410K |
| 4 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$335K |
| 5 |
LPL Financial
San Diego,
California
|
+$226K |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$1.08M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$889K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$485K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$388K |
| 5 |
PAS
Park Avenue Securities
New York
|
-$360K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $75K | -$714 | -50 | -1% |
|
|
FIA
27
FNY Investment Advisers
New York
| $72K | +$10.3K | +720 | +17% |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $29K | +$28K | +1,962 | New |
|
|
POIA
29
Pin Oak Investment Advisors
Houston,
Texas
| $22K | – | – | – |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $17K | – | – | – |
|
|
NSIM
31
North Star Investment Management
Chicago,
Illinois
| $15K | – | – | – |
|
|
GWM
32
Geneos Wealth Management
Englewood,
Colorado
| $12K | – | – | – |
|
|
33
Envestnet Asset Management
Chicago,
Illinois
| – | -$388K | -27,313 | Closed |
|
|
PAS
34
Park Avenue Securities
New York
| – | -$360K | -25,325 | Closed |
|
|
BRWA
35
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$155K | -10,871 | Closed |
|
|
BWM
36
BerganKDV Wealth Management
Bloomington,
Minnesota
| – | -$31K | -2,199 | Closed |
|
|
ASN
37
Advisory Services Network
Atlanta,
Georgia
| – | -$4K | -300 | Closed |
|
38
Fidelity Investments
Boston,
Massachusetts
| – | +$14 | +1 | New |
|
WEA Hedge Fund Activity: Q4 2019 in Review
33 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q4 2019, worth a combined $44.4M — down 0.46% from $44.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of WEA and 3 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 12 added.
The largest buyer was Truist Financial, adding an estimated $986K. The largest seller was Morgan Stanley, cutting an estimated $1.08M.
- 33 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q4 2019, down from 36 in Q3 2019.
- Funds reported $44.4M of Western Asset Premier Bond Fund stock for Q4 2019, down 0.46% quarter-over-quarter.
- 3 funds opened new Western Asset Premier Bond Fund positions in Q4 2019 and 5 closed out, a net change of -2 holders.
- The largest Western Asset Premier Bond Fund buyer in Q4 2019 was Truist Financial, an estimated $986K added.
- The largest Western Asset Premier Bond Fund seller in Q4 2019 was Morgan Stanley, an estimated $1.08M sold.
Based on aggregated 13F filings for Q4 2019.