Western Asset Premier Bond Fund
WEA
26 hedge funds and large institutions have $14M invested in Western Asset Premier Bond Fund in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
24% more funds holding
Funds holding: 21 → 26 (+5)
0.26% less ownership
Funds ownership: 8.57% → 8.31% (-0.26%)
6% less capital invested
Capital invested by funds: $14.9M → $14M (-$959K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$548K |
| 2 |
Goldman Sachs
New York
|
+$500K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$497K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$397K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$354K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.28M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$196K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$70.3K |
| 4 |
Morgan Stanley
New York
|
-$30.4K |
| 5 |
HF
Hoxton Financial
Shepherdstown,
West Virginia
|
-$29K |
WEA Hedge Fund Activity: Q3 2013 in Review
26 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q3 2013, worth a combined $14M — down 6.4% from $14.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new WEA positions and 1 closed out — a net gain of 5 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $548K. The largest seller was Royal Bank of Canada, cutting an estimated $3.28M.
- 26 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q3 2013, up from 21 in Q2 2013.
- Funds reported $14M of Western Asset Premier Bond Fund stock for Q3 2013, down 6.4% quarter-over-quarter.
- 6 funds opened new Western Asset Premier Bond Fund positions in Q3 2013 and 1 closed out, a net change of +5 holders.
- The largest Western Asset Premier Bond Fund buyer in Q3 2013 was Sit Investment Associates, an estimated $548K added.
- The largest Western Asset Premier Bond Fund seller in Q3 2013 was Royal Bank of Canada, an estimated $3.28M sold.
Based on aggregated 13F filings for Q3 2013.