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WEA

Western Asset Premier Bond Fund

29 hedge funds and large institutions have $43.6M invested in Western Asset Premier Bond Fund in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 16 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more capital invested

Capital invested by funds: $36.4M → $43.6M (+$7.19M)

0.88% more ownership

Funds ownership: 27.1%27.98% (+0.88%)

12% less funds holding

Funds holding: 3329 (-4)

57% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 7

75% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 16

Holders
29
Holders Change
-4
Holders Change %
-12.12%
% of All Funds
0.59%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
4
Reduced
16
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$15.7M -$66.6K -5,248 -0.4%
SIA
2
Sit Investment Associates
Minnesota
$5.43M +$3.25M +255,962 +163%
PMG
3
ProVise Management Group
Florida
$4M -$5.25K -414 -0.1%
KIM
4
Karpus Investment Management
New York
$3.36M -$39.6K -3,119 -1%
GC
5
Guggenheim Capital
Illinois
$2.36M -$171K -13,480 -7%
Morgan Stanley
6
Morgan Stanley
New York
$2.28M +$12.1K +954 +0.6%
Invesco
7
Invesco
Georgia
$2.28M -$80.8K -6,369 -4%
Truist Financial
8
Truist Financial
North Carolina
$1.81M +$423K +33,365 +32%
LPL Financial
9
LPL Financial
California
$962K -$1.55K -122 -0.2%
Stifel Financial
10
Stifel Financial
Missouri
$759K -$39.7K -3,125 -5%
Cohen & Steers
11
Cohen & Steers
New York
$754K
Cetera Investment Advisers
12
Cetera Investment Advisers
Illinois
$579K +$17.2K +1,359 +3%
OC
13
Oppenheimer & Co
New York
$557K -$5.42K -427 -1%
Wells Fargo
14
Wells Fargo
California
$492K -$330K -25,991 -41%
Bank of America
15
Bank of America
North Carolina
$447K -$18.6K -1,467 -4%
UBS Group
16
UBS Group
Switzerland
$388K -$5.81K -458 -2%
Osaic Holdings
17
Osaic Holdings
Arizona
$359K -$101K -7,951 -23%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$278K
CFGS
19
Concourse Financial Group Securities
Alabama
$192K -$8.77K -691 -5%
RJA
20
Raymond James & Associates
Florida
$180K -$10.8K -850 -6%
MAFM
21
Mid Atlantic Financial Management
Pennsylvania
$139K
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$110K -$54.2K -4,271 -34%
PAG
23
Private Advisor Group
New Jersey
$84K +$80.8K +6,365 New
BFEC
24
Benjamin F. Edwards & Company
Missouri
$66K -$36.3K -2,864 -36%
POIA
25
Pin Oak Investment Advisors
Texas
$19K

WEA Hedge Fund Activity: Q2 2020 in Review

29 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q2 2020, worth a combined $43.6M — up 20% from $36.4M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of WEA and 3 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 4 added.

The largest buyer was Sit Investment Associates, adding an estimated $3.25M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $587K sold.

  • 29 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q2 2020, down from 33 in Q1 2020.
  • Funds reported $43.6M of Western Asset Premier Bond Fund stock for Q2 2020, up 20% quarter-over-quarter.
  • 3 funds opened new Western Asset Premier Bond Fund positions in Q2 2020 and 7 closed out, a net change of -4 holders.
  • The largest Western Asset Premier Bond Fund buyer in Q2 2020 was Sit Investment Associates, an estimated $3.25M added.
  • The largest Western Asset Premier Bond Fund seller in Q2 2020 was Wolverine Asset Management, an estimated $587K sold.

Based on aggregated 13F filings for Q2 2020.