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WEA

Western Asset Premier Bond Fund

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.

New
Increased
Maintained
Reduced
Closed

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: 3634 (-2)

18% less capital invested

Capital invested by funds: $26.8M → $21.8M (-$4.96M)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

Holders
34
Holders Change
-2
Holders Change %
-5.56%
% of All Funds
0.91%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
11
Reduced
12
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$6.38M +$90.1K +7,006 +1%
PMG
2
ProVise Management Group
Florida
$2.69M +$669K +52,050 +35%
Janney Montgomery Scott
3
Janney Montgomery Scott
Pennsylvania
$1.5M +$652K +50,689 +82%
Invesco
4
Invesco
Georgia
$1.31M +$154K +11,946 +14%
CIA
5
Capital Investment Advisors
Georgia
$1.31M -$181K -14,107 -13%
GC
6
Guggenheim Capital
Illinois
$1.22M -$120K -9,317 -9%
Cetera Investment Advisers
7
Cetera Investment Advisers
Illinois
$1.04M +$27.3K +2,125 +3%
Cohen & Steers
8
Cohen & Steers
New York
$989K +$156K +12,127 +19%
Baird Financial Group
9
Baird Financial Group
Wisconsin
$888K -$75.7K -5,888 -8%
Koshinski Asset Management
10
Koshinski Asset Management
Illinois
$782K -$12.9K -1,000 -2%
Morgan Stanley
11
Morgan Stanley
New York
$570K +$76.9K +5,980 +16%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$354K -$493K -38,327 -59%
ACP
13
Aviance Capital Partners
Florida
$335K +$70.7K +5,502 +28%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$283K -$3.71K -289 -1%
RCM
15
Robinson Capital Management
Michigan
$268K
WIA
16
Westbourne Investment Advisors
Maryland
$229K -$15.4K -1,200 -7%
Stifel Financial
17
Stifel Financial
Missouri
$193K +$129 +10 +0.1%
MFS
18
MSI Financial Services
Massachusetts
$179K -$10.1K -788 -6%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$167K
CSIC
20
Clifford Swan Investment Counsel
California
$162K
CRC
21
Curi RMB Capital
Illinois
$160K -$39.9K -3,104 -21%
LPL Financial
22
LPL Financial
California
$158K -$98.7K -7,677 -40%
BFEC
23
Benjamin F. Edwards & Company
Missouri
$148K +$143K +11,133 New
Wells Fargo
24
Wells Fargo
California
$143K -$2.57K -200 -2%
Bank of America
25
Bank of America
North Carolina
$105K +$35.6K +2,769 +54%

WEA Hedge Fund Activity: Q2 2016 in Review

34 of the 3,748 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.