Western Asset Premier Bond Fund
WEA
31 hedge funds and large institutions have $53.3M invested in Western Asset Premier Bond Fund in 2020 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 6 closing their positions.
23% more capital invested
Capital invested by funds: $43.3M → $53.3M (+$10M)
3.47% more ownership
Funds ownership: 28.25% → 31.72% (+3.5%)
3% less funds holding
Funds holding: 32 → 31 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$4.48M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.35M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.04M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$662K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$733K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$283K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$255K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$249K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$218K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $65K | – | – | – |
|
|
FIA
27
FNY Investment Advisers
New York
| $27K | +$25.9K | +1,914 | New |
|
|
POIA
28
Pin Oak Investment Advisors
Houston,
Texas
| $21K | – | – | – |
|
|
NSIM
29
North Star Investment Management
Chicago,
Illinois
| $14K | – | – | – |
|
|
WEC
30
Winslow Evans & Crocker
Boston,
Massachusetts
| $11K | +$10.2K | +750 | New |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| – | -$249K | -19,333 | Closed |
|
|
CRC
32
Curi RMB Capital
Chicago,
Illinois
| – | -$208K | -16,064 | Closed |
|
|
CS
33
Credit Suisse
Zurich,
Switzerland
| – | -$190K | -14,670 | Closed |
|
|
BFEC
34
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$65K | -5,053 | Closed |
|
35
Barclays
London,
United Kingdom
| – | -$24K | -1,684 | Closed |
|
|
CSPIA
36
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$9K | -700 | Closed |
|
37
Fidelity Investments
Boston,
Massachusetts
| – | +$27 | +2 | New |
|
WEA Hedge Fund Activity: Q4 2020 in Review
31 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q4 2020, worth a combined $53.3M — up 23% from $43.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of WEA and 5 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 8 added.
The largest buyer was Kestra Advisory Services, opening a new position worth an estimated $4.48M. The largest seller was Shaker Financial Services, cutting an estimated $733K.
- 31 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q4 2020, down from 32 in Q3 2020.
- Funds reported $53.3M of Western Asset Premier Bond Fund stock for Q4 2020, up 23% quarter-over-quarter.
- 5 funds opened new Western Asset Premier Bond Fund positions in Q4 2020 and 6 closed out, a net change of -1 holder.
- The largest Western Asset Premier Bond Fund buyer in Q4 2020 was Kestra Advisory Services, an estimated $4.48M added.
- The largest Western Asset Premier Bond Fund seller in Q4 2020 was Shaker Financial Services, an estimated $733K sold.
Based on aggregated 13F filings for Q4 2020.