Western Asset Mortgage Capital Corporation
WMC was delisted on the 5th of December, 2023.
74 hedge funds and large institutions have $108M invested in Western Asset Mortgage Capital Corporation in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 30 increasing their positions, 26 reducing their positions, and 21 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 26
19% less funds holding
Funds holding: 91 → 74 (-17)
21% less capital invested
Capital invested by funds: $136M → $108M (-$28.2M)
26% less call options, than puts
Call options by funds: $8.23M | Put options by funds: $11.1M
76% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.64M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.58M |
| 3 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
+$1.46M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$965K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$852K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$3.71M |
| 2 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$2.71M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$2.7M |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$2.62M |
| 5 |
SONJCPFA
State of New Jersey Common Pension Fund A
Trenton,
New Jersey
|
-$1.88M |
WMC Hedge Fund Activity: Q3 2013 in Review
74 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Capital Corporation (WMC) for Q3 2013, worth a combined $108M — down 21% from $136M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of WMC and 5 opened new positions — a net loss of 16 holders — while 26 trimmed existing stakes and 30 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $2.64M. The largest seller was Mangrove Partners, exiting entirely with an estimated $3.71M sold.
- 74 institutional investors held Western Asset Mortgage Capital Corporation (WMC) as of Q3 2013, down from 91 in Q2 2013.
- Funds reported $108M of Western Asset Mortgage Capital Corporation stock for Q3 2013, down 21% quarter-over-quarter.
- 5 funds opened new Western Asset Mortgage Capital Corporation positions in Q3 2013 and 21 closed out, a net change of -16 holders.
- The largest Western Asset Mortgage Capital Corporation buyer in Q3 2013 was Wolverine Asset Management, an estimated $2.64M added.
- The largest Western Asset Mortgage Capital Corporation seller in Q3 2013 was Mangrove Partners, an estimated $3.71M sold.
Based on aggregated 13F filings for Q3 2013.