Western Asset Premier Bond Fund
WEA
31 hedge funds and large institutions have $43.6M invested in Western Asset Premier Bond Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 7 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
1% more capital invested
Capital invested by funds: $43M → $43.6M (+$624K)
0.83% less ownership
Funds ownership: 27.6% → 26.76% (-0.83%)
9% less funds holding
Funds holding: 34 → 31 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| 1 |
LPL Financial
San Diego,
California
|
+$1.17M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$824K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$481K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$339K |
| 5 |
Morgan Stanley
New York
|
+$309K |
Top Sellers
WEA Hedge Fund Activity: Q2 2019 in Review
31 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q2 2019, worth a combined $43.6M — up 1.5% from $43M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of WEA and 4 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 13 added.
The largest buyer was LPL Financial, adding an estimated $1.17M. The largest seller was Wells Fargo, cutting an estimated $2.96M.
- 31 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q2 2019, down from 34 in Q1 2019.
- Funds reported $43.6M of Western Asset Premier Bond Fund stock for Q2 2019, up 1.5% quarter-over-quarter.
- 4 funds opened new Western Asset Premier Bond Fund positions in Q2 2019 and 7 closed out, a net change of -3 holders.
- The largest Western Asset Premier Bond Fund buyer in Q2 2019 was LPL Financial, an estimated $1.17M added.
- The largest Western Asset Premier Bond Fund seller in Q2 2019 was Wells Fargo, an estimated $2.96M sold.
Based on aggregated 13F filings for Q2 2019.