Western Asset Premier Bond Fund
WEA
32 hedge funds and large institutions have $49M invested in Western Asset Premier Bond Fund in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
10% more funds holding
Funds holding: 29 → 32 (+3)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
1% more capital invested
Capital invested by funds: $48.7M → $49M (+$295K)
1.17% less ownership
Funds ownership: 29.24% → 28.07% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.25M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$389K |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$302K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$301K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.34M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$748K |
| 3 |
Cohen & Steers
New York
|
-$666K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$575K |
| 5 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$147K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $147K | +$144K | +10,000 | New |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $141K | +$54.1K | +3,765 | +64% |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| $35K | – | – | – |
|
|
HI
29
Harbour Investments
Madison,
Wisconsin
| $23K | – | – | – |
|
|
POIA
30
Pin Oak Investment Advisors
Houston,
Texas
| $22K | – | – | – |
|
|
NSIM
31
North Star Investment Management
Chicago,
Illinois
| $15K | – | – | – |
|
|
GWM
32
Geneos Wealth Management
Englewood,
Colorado
| $4K | – | – | – |
|
|
33
Cohen & Steers
New York
| – | -$666K | -47,388 | Closed |
|
|
MHS
34
M Holdings Securities
Portland,
Oregon
| – | -$147K | -10,489 | Closed |
|
WEA Hedge Fund Activity: Q2 2021 in Review
32 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q2 2021, worth a combined $49M — up 0.61% from $48.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new WEA positions and 2 closed out — a net gain of 3 holders — while 11 added to existing stakes and 10 trimmed.
The largest buyer was MML Investors Services, opening a new position worth an estimated $1.25M. The largest seller was 1607 Capital Partners, cutting an estimated $3.34M.
- 32 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q2 2021, up from 29 in Q1 2021.
- Funds reported $49M of Western Asset Premier Bond Fund stock for Q2 2021, up 0.61% quarter-over-quarter.
- 5 funds opened new Western Asset Premier Bond Fund positions in Q2 2021 and 2 closed out, a net change of +3 holders.
- The largest Western Asset Premier Bond Fund buyer in Q2 2021 was MML Investors Services, an estimated $1.25M added.
- The largest Western Asset Premier Bond Fund seller in Q2 2021 was 1607 Capital Partners, an estimated $3.34M sold.
Based on aggregated 13F filings for Q2 2021.