Western Asset Mortgage Capital Corporation
WMC was delisted on the 5th of December, 2023.
85 hedge funds and large institutions have $151M invested in Western Asset Mortgage Capital Corporation in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 14 closing their positions.
5% more capital invested
Capital invested by funds: $144M → $151M (+$6.88M)
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
8% less call options, than puts
Call options by funds: $265K | Put options by funds: $289K
12% less funds holding
Funds holding: 97 → 85 (-12)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$40.1M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.66M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$3.27M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.41M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.27M |
| 2 |
Morgan Stanley
New York
|
-$1.45M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.01M |
| 4 |
JP Morgan Chase
New York
|
-$996K |
| 5 |
State Street
Boston,
Massachusetts
|
-$764K |
WMC Hedge Fund Activity: Q1 2017 in Review
85 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Capital Corporation (WMC) for Q1 2017, worth a combined $151M — up 4.8% from $144M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of WMC and 8 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 28 added.
The largest buyer was BlackRock, adding an estimated $40.1M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $3.27M sold.
- 85 institutional investors held Western Asset Mortgage Capital Corporation (WMC) as of Q1 2017, down from 97 in Q4 2016.
- Funds reported $151M of Western Asset Mortgage Capital Corporation stock for Q1 2017, up 4.8% quarter-over-quarter.
- 8 funds opened new Western Asset Mortgage Capital Corporation positions in Q1 2017 and 14 closed out, a net change of -6 holders.
- The largest Western Asset Mortgage Capital Corporation buyer in Q1 2017 was BlackRock, an estimated $40.1M added.
- The largest Western Asset Mortgage Capital Corporation seller in Q1 2017 was Kennedy Capital Management, an estimated $3.27M sold.
Based on aggregated 13F filings for Q1 2017.