Western Asset Premier Bond Fund
WEA
34 hedge funds and large institutions have $36M invested in Western Asset Premier Bond Fund in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 6 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
16% more capital invested
Capital invested by funds: $31.1M → $36M (+$4.93M)
3.77% more ownership
Funds ownership: 20.21% → 23.99% (+3.8%)
6% less funds holding
Funds holding: 36 → 34 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.56M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.08M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$895K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$837K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$439K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$605K |
| 2 |
OC
Oppenheimer & Co
New York
|
-$326K |
| 3 |
SG Americas Securities
New York
|
-$206K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$179K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$134K |
WEA Hedge Fund Activity: Q2 2018 in Review
34 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q2 2018, worth a combined $36M — up 16% from $31.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of WEA and 4 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 13 added.
The largest buyer was 1607 Capital Partners, adding an estimated $3.56M. The largest seller was Sit Investment Associates, cutting an estimated $605K.
- 34 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q2 2018, down from 36 in Q1 2018.
- Funds reported $36M of Western Asset Premier Bond Fund stock for Q2 2018, up 16% quarter-over-quarter.
- 4 funds opened new Western Asset Premier Bond Fund positions in Q2 2018 and 6 closed out, a net change of -2 holders.
- The largest Western Asset Premier Bond Fund buyer in Q2 2018 was 1607 Capital Partners, an estimated $3.56M added.
- The largest Western Asset Premier Bond Fund seller in Q2 2018 was Sit Investment Associates, an estimated $605K sold.
Based on aggregated 13F filings for Q2 2018.