Western Asset Inflation-Linked Income Fund
WIA
58 hedge funds and large institutions have $153M invested in Western Asset Inflation-Linked Income Fund in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 11 increasing their positions, 22 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
9% more funds holding
Funds holding: 53 → 58 (+5)
11.25% less ownership
Funds ownership: 49.85% → 38.6% (-11%)
13% less capital invested
Capital invested by funds: $177M → $153M (-$23.6M)
50% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.21M |
| 2 |
Morgan Stanley
New York
|
+$1.88M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$1.6M |
| 4 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$822K |
| 5 |
LCS
Levin Capital Strategies
New York
|
+$741K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$35.9M |
| 2 |
RVPG
Relative Value Partners Group
|
-$2.75M |
| 3 |
SCM
Saba Capital Management
New York
|
-$2.06M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.65M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.46M |
WIA Hedge Fund Activity: Q4 2020 in Review
58 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Western Asset Inflation-Linked Income Fund (WIA) for Q4 2020, worth a combined $153M — down 13% from $177M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new WIA positions and 9 closed out — a net gain of 6 holders — while 11 added to existing stakes and 22 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $3.21M. The largest seller was Karpus Investment Management, cutting an estimated $35.9M.
- 58 institutional investors held Western Asset Inflation-Linked Income Fund (WIA) as of Q4 2020, up from 53 in Q3 2020.
- Funds reported $153M of Western Asset Inflation-Linked Income Fund stock for Q4 2020, down 13% quarter-over-quarter.
- 15 funds opened new Western Asset Inflation-Linked Income Fund positions in Q4 2020 and 9 closed out, a net change of +6 holders.
- The largest Western Asset Inflation-Linked Income Fund buyer in Q4 2020 was Sit Investment Associates, an estimated $3.21M added.
- The largest Western Asset Inflation-Linked Income Fund seller in Q4 2020 was Karpus Investment Management, an estimated $35.9M sold.
Based on aggregated 13F filings for Q4 2020.