Western Asset Mortgage Capital Corporation
WMC was delisted on the 5th of December, 2023.
26 hedge funds and large institutions have $8.01M invested in Western Asset Mortgage Capital Corporation in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 8 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
4% less capital invested
Capital invested by funds: $8.39M → $8.01M (-$373K)
10% less funds holding
Funds holding: 29 → 26 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$507K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$390K |
| 3 |
Morgan Stanley
New York
|
+$24.5K |
| 4 |
State Street
Boston,
Massachusetts
|
+$23.6K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$12.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$391K |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$259K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$213K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$168K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$162K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Victory Capital Management
San Antonio,
Texas
| – | -$259K | -28,400 | Closed |
|
|
27
Invesco
Atlanta,
Georgia
| – | -$168K | -18,408 | Closed |
|
|
28
Citadel Advisors
Miami,
Florida
| – | -$162K | -17,735 | Closed |
|
29
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$28.2K | -15,673 | Closed |
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$121K | -13,314 | Closed |
|
31
Rockefeller Capital Management
New York
| – | -$4K | -548 | Closed |
|
|
CAS
32
Coppell Advisory Solutions
Coppell,
Texas
| – | -$36 | -4 | Closed |
|
|
CASC
33
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$36 | -4 | Closed |
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$246 | +25 | New |
|
WMC Hedge Fund Activity: Q1 2023 in Review
26 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Capital Corporation (WMC) for Q1 2023, worth a combined $8.01M — down 4.4% from $8.39M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of WMC and 5 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 10 added.
The largest buyer was Renaissance Technologies, adding an estimated $507K. The largest seller was Millennium Management, cutting an estimated $391K.
- 26 institutional investors held Western Asset Mortgage Capital Corporation (WMC) as of Q1 2023, down from 29 in Q4 2022.
- Funds reported $8.01M of Western Asset Mortgage Capital Corporation stock for Q1 2023, down 4.4% quarter-over-quarter.
- 5 funds opened new Western Asset Mortgage Capital Corporation positions in Q1 2023 and 8 closed out, a net change of -3 holders.
- The largest Western Asset Mortgage Capital Corporation buyer in Q1 2023 was Renaissance Technologies, an estimated $507K added.
- The largest Western Asset Mortgage Capital Corporation seller in Q1 2023 was Millennium Management, an estimated $391K sold.
Based on aggregated 13F filings for Q1 2023.