Western Asset Investment Grade Defined Opportunity Trust
25 hedge funds and large institutions have $41.7M invested in Western Asset Investment Grade Defined Opportunity Trust in 2026 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 2 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
12% more capital invested
Capital invested by funds: $37.2M → $41.7M (+$4.59M)
5.72% more ownership
Funds ownership: 37.57% → 43.29% (+5.7%)
4% less funds holding
Funds holding: 26 → 25 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.47M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.44M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$433K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$370K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$996K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$191K |
| 3 |
Morgan Stanley
New York
|
-$89.8K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$55.2K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Rockefeller Capital Management
New York
| – | -$49.2K | -2,979 | Closed |
|
|
AAP
27
Arax Advisory Partners
Denver,
Colorado
| – | -$38K | -2,302 | Closed |
|
IGI Hedge Fund Activity: Q1 2026 in Review
25 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q1 2026, worth a combined $41.7M — up 12% from $37.2M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of IGI and 1 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 11 added.
The largest buyer was Karpus Investment Management, adding an estimated $4.47M. The largest seller was Guggenheim Capital, cutting an estimated $996K.
- 25 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q1 2026, down from 26 in Q4 2025.
- Funds reported $41.7M of Western Asset Investment Grade Defined Opportunity Trust stock for Q1 2026, up 12% quarter-over-quarter.
- 1 fund opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q1 2026 and 2 closed out, a net change of -1 holder.
- The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q1 2026 was Karpus Investment Management, an estimated $4.47M added.
- The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q1 2026 was Guggenheim Capital, an estimated $996K sold.
Based on aggregated 13F filings for Q1 2026.