Western Asset Premier Bond Fund
WEA
29 hedge funds and large institutions have $48.7M invested in Western Asset Premier Bond Fund in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 6 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
2.48% less ownership
Funds ownership: 31.72% → 29.24% (-2.5%)
6% less funds holding
Funds holding: 31 → 29 (-2)
9% less capital invested
Capital invested by funds: $53.3M → $48.7M (-$4.59M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.51M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$878K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$568K |
| 4 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$342K |
| 5 |
MHS
M Holdings Securities
Portland,
Oregon
|
+$148K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$4.68M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.94M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$337K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$197K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$166K |
WEA Hedge Fund Activity: Q1 2021 in Review
29 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Western Asset Premier Bond Fund (WEA) for Q1 2021, worth a combined $48.7M — down 8.6% from $53.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of WEA and 5 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 11 added.
The largest buyer was 1607 Capital Partners, adding an estimated $1.51M. The largest seller was Kestra Advisory Services, exiting entirely with an estimated $4.68M sold.
- 29 institutional investors held Western Asset Premier Bond Fund (WEA) as of Q1 2021, down from 31 in Q4 2020.
- Funds reported $48.7M of Western Asset Premier Bond Fund stock for Q1 2021, down 8.6% quarter-over-quarter.
- 5 funds opened new Western Asset Premier Bond Fund positions in Q1 2021 and 6 closed out, a net change of -1 holder.
- The largest Western Asset Premier Bond Fund buyer in Q1 2021 was 1607 Capital Partners, an estimated $1.51M added.
- The largest Western Asset Premier Bond Fund seller in Q1 2021 was Kestra Advisory Services, an estimated $4.68M sold.
Based on aggregated 13F filings for Q1 2021.