Western Asset Mortgage Capital Corporation
WMC was delisted on the 5th of December, 2023.
112 hedge funds and large institutions have $267M invested in Western Asset Mortgage Capital Corporation in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 27 reducing their positions, and 17 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 27
12% more capital invested
Capital invested by funds: $239M → $267M (+$28.1M)
4% less funds holding
Funds holding: 117 → 112 (-5)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
67% less call options, than puts
Call options by funds: $9.45M | Put options by funds: $28.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$6.15M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.01M |
| 4 |
Goldman Sachs
New York
|
+$1.03M |
| 5 |
Morgan Stanley
New York
|
+$992K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$1.59M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.31M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.21M |
| 4 |
Renaissance Technologies
New York
|
-$1.18M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$891K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$24K | -252 | Closed |
|
|
QCIG
127
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$7K | -70 | Closed |
|
|
GWMIA
128
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$4K | -41 | Closed |
|
WMC Hedge Fund Activity: Q4 2019 in Review
112 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Capital Corporation (WMC) for Q4 2019, worth a combined $267M — up 12% from $239M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of WMC and 14 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 47 added.
The largest buyer was Victory Capital Management, adding an estimated $6.15M. The largest seller was Prudential Financial, cutting an estimated $1.59M.
- 112 institutional investors held Western Asset Mortgage Capital Corporation (WMC) as of Q4 2019, down from 117 in Q3 2019.
- Funds reported $267M of Western Asset Mortgage Capital Corporation stock for Q4 2019, up 12% quarter-over-quarter.
- 14 funds opened new Western Asset Mortgage Capital Corporation positions in Q4 2019 and 17 closed out, a net change of -3 holders.
- The largest Western Asset Mortgage Capital Corporation buyer in Q4 2019 was Victory Capital Management, an estimated $6.15M added.
- The largest Western Asset Mortgage Capital Corporation seller in Q4 2019 was Prudential Financial, an estimated $1.59M sold.
Based on aggregated 13F filings for Q4 2019.