Western Asset Premier Bond Fund
WEA
34 hedge funds and large institutions have $21.8M invested in Western Asset Premier Bond Fund in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 6 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
4.29% less ownership
Funds ownership: 18.09% → 13.8% (-4.3%)
6% less funds holding
Funds holding: 36 → 34 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
74% less capital inflows, than outflows
Capital inflows: $2.13M | Capital outflows: $8.31M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProVise Management Group
Clearwater,
Florida
|
+$669K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$652K |
| 3 |
Cohen & Steers
New York
|
+$156K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$154K |
| 5 |
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
-$4.31M |
| 2 |
Laurion Capital Management
New York
|
-$1.72M |
| 3 |
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
-$985K |
| 4 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$493K |
| 5 |
National Planning Corporation
El Segundo,
California
|
-$232K |
WEA Hedge Fund Activity: Q2 2016 in Review
34 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q2 2016, worth a combined $21.8M — down 18% from $26.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of WEA and 4 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 11 added.
The largest buyer was ProVise Management Group, adding an estimated $669K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $4.31M sold.
- 34 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q2 2016, down from 36 in Q1 2016.
- Funds reported $21.8M of Western Asset Premier Bond Fund stock for Q2 2016, down 18% quarter-over-quarter.
- 4 funds opened new Western Asset Premier Bond Fund positions in Q2 2016 and 6 closed out, a net change of -2 holders.
- The largest Western Asset Premier Bond Fund buyer in Q2 2016 was ProVise Management Group, an estimated $669K added.
- The largest Western Asset Premier Bond Fund seller in Q2 2016 was Karpus Investment Management, an estimated $4.31M sold.
Based on aggregated 13F filings for Q2 2016.