Western Asset Mortgage Capital Corporation
WMC was delisted on the 5th of December, 2023.
26 hedge funds and large institutions have $13.9M invested in Western Asset Mortgage Capital Corporation in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 20 reducing their positions, and 19 closing their positions.
8% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $1.04M
13% less capital invested
Capital invested by funds: $15.9M → $13.9M (-$2.07M)
41% less funds holding
Funds holding: 44 → 26 (-18)
85% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 20
89% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.13M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$117K |
| 3 |
Renaissance Technologies
New York
|
+$10.5K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$413 |
| 5 |
Wells Fargo
San Francisco,
California
|
+$13 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$884K |
| 2 |
CC
Centiva Capital
New York
|
-$220K |
| 3 |
Millennium Management
New York
|
-$136K |
| 4 |
IFG
Independent Financial Group
San Diego,
California
|
-$113K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$104K |
WMC Hedge Fund Activity: Q3 2022 in Review
26 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Western Asset Mortgage Capital Corporation (WMC) for Q3 2022, worth a combined $13.9M — down 13% from $15.9M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of WMC and 2 opened new positions — a net loss of 17 holders — while 20 trimmed existing stakes and 3 added.
The largest buyer was Vanguard Group, adding an estimated $1.13M. The largest seller was Beach Point Capital Management, cutting an estimated $884K.
- 26 institutional investors held Western Asset Mortgage Capital Corporation (WMC) as of Q3 2022, down from 44 in Q2 2022.
- Funds reported $13.9M of Western Asset Mortgage Capital Corporation stock for Q3 2022, down 13% quarter-over-quarter.
- 2 funds opened new Western Asset Mortgage Capital Corporation positions in Q3 2022 and 19 closed out, a net change of -17 holders.
- The largest Western Asset Mortgage Capital Corporation buyer in Q3 2022 was Vanguard Group, an estimated $1.13M added.
- The largest Western Asset Mortgage Capital Corporation seller in Q3 2022 was Beach Point Capital Management, an estimated $884K sold.
Based on aggregated 13F filings for Q3 2022.