Western Asset Premier Bond Fund
WEA
33 hedge funds and large institutions have $38.6M invested in Western Asset Premier Bond Fund in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 8 closing their positions.
2.05% more ownership
Funds ownership: 24.79% → 26.83% (+2%)
2% more capital invested
Capital invested by funds: $37.8M → $38.6M (+$785K)
11% less funds holding
Funds holding: 37 → 33 (-4)
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.27M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.13M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$885K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$465K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
+$92.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.28M |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
-$1.07M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$618K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$220K |
| 5 |
Cohen & Steers
New York
|
-$210K |
WEA Hedge Fund Activity: Q4 2018 in Review
33 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q4 2018, worth a combined $38.6M — up 2.1% from $37.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of WEA and 4 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 9 added.
The largest buyer was Morgan Stanley, adding an estimated $4.27M. The largest seller was Robinson Capital Management, cutting an estimated $2.28M.
- 33 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q4 2018, down from 37 in Q3 2018.
- Funds reported $38.6M of Western Asset Premier Bond Fund stock for Q4 2018, up 2.1% quarter-over-quarter.
- 4 funds opened new Western Asset Premier Bond Fund positions in Q4 2018 and 8 closed out, a net change of -4 holders.
- The largest Western Asset Premier Bond Fund buyer in Q4 2018 was Morgan Stanley, an estimated $4.27M added.
- The largest Western Asset Premier Bond Fund seller in Q4 2018 was Robinson Capital Management, an estimated $2.28M sold.
Based on aggregated 13F filings for Q4 2018.