Western Asset Premier Bond Fund
WEA
33 hedge funds and large institutions have $36.4M invested in Western Asset Premier Bond Fund in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
1.66% more ownership
Funds ownership: 25.43% → 27.1% (+1.7%)
0% more funds holding
Funds holding: 33 → 33 (0)
18% less capital invested
Capital invested by funds: $44.4M → $36.4M (-$8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.51M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.16M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$706K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$571K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.68M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.22M |
| 3 |
LPL Financial
San Diego,
California
|
-$915K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$614K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$379K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAFM
26
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
| $119K | – | – | – |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $89K | +$80.8K | +5,955 | +304% |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $62K | +$58K | +4,278 | +361% |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| $58K | +$136 | +10 | +0.2% |
|
|
POIA
30
Pin Oak Investment Advisors
Houston,
Texas
| $17K | – | – | – |
|
|
NSIM
31
North Star Investment Management
Chicago,
Illinois
| $11K | – | – | – |
|
|
TC
32
Truvestments Capital
Sarasota,
Florida
| $2K | +$3.39K | +250 | New |
|
|
RCM
33
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$379K | -25,878 | Closed |
|
|
FIA
34
FNY Investment Advisers
New York
| – | -$72K | -4,978 | Closed |
|
|
GWM
35
Geneos Wealth Management
Englewood,
Colorado
| – | -$12K | -850 | Closed |
|
WEA Hedge Fund Activity: Q1 2020 in Review
33 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q1 2020, worth a combined $36.4M — down 18% from $44.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new WEA positions and 3 closed out — a net gain of 2 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $3.51M. The largest seller was Morgan Stanley, cutting an estimated $1.68M.
- 33 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $36.4M of Western Asset Premier Bond Fund stock for Q1 2020, down 18% quarter-over-quarter.
- 5 funds opened new Western Asset Premier Bond Fund positions in Q1 2020 and 3 closed out, a net change of +2 holders.
- The largest Western Asset Premier Bond Fund buyer in Q1 2020 was Karpus Investment Management, an estimated $3.51M added.
- The largest Western Asset Premier Bond Fund seller in Q1 2020 was Morgan Stanley, an estimated $1.68M sold.
Based on aggregated 13F filings for Q1 2020.