Western Asset Premier Bond Fund
WEA
34 hedge funds and large institutions have $43M invested in Western Asset Premier Bond Fund in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 6 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
11% more capital invested
Capital invested by funds: $38.6M → $43M (+$4.36M)
3% more funds holding
Funds holding: 33 → 34 (+1)
0.76% more ownership
Funds ownership: 26.83% → 27.6% (+0.76%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.77M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.03M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$597K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$374K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$358K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.11M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$760K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$738K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$587K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$510K |
WEA Hedge Fund Activity: Q1 2019 in Review
34 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q1 2019, worth a combined $43M — up 11% from $38.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new WEA positions and 6 closed out — a net gain of 1 holder — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.77M. The largest seller was Wells Fargo, cutting an estimated $1.11M.
- 34 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q1 2019, up from 33 in Q4 2018.
- Funds reported $43M of Western Asset Premier Bond Fund stock for Q1 2019, up 11% quarter-over-quarter.
- 7 funds opened new Western Asset Premier Bond Fund positions in Q1 2019 and 6 closed out, a net change of +1 holder.
- The largest Western Asset Premier Bond Fund buyer in Q1 2019 was Morgan Stanley, an estimated $1.77M added.
- The largest Western Asset Premier Bond Fund seller in Q1 2019 was Wells Fargo, an estimated $1.11M sold.
Based on aggregated 13F filings for Q1 2019.