Western Asset Investment Grade Defined Opportunity Trust
22 hedge funds and large institutions have $32.3M invested in Western Asset Investment Grade Defined Opportunity Trust in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 3 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
3% more capital invested
Capital invested by funds: $31.4M → $32.3M (+$912K)
0.36% more ownership
Funds ownership: 14.12% → 14.48% (+0.36%)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
4% less funds holding
Funds holding: 23 → 22 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$809K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$240K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$205K |
| 4 |
LPL Financial
San Diego,
California
|
+$154K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$230K |
| 2 |
AGM
Alpine Global Management
New York
|
-$224K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$207K |
| 4 |
SG Americas Securities
New York
|
-$81.8K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$36.3K |
IGI Hedge Fund Activity: Q1 2017 in Review
22 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q1 2017, worth a combined $32.3M — up 2.9% from $31.4M a quarter earlier.
Fund positioning in IGI was balanced in Q1 2017: 3 funds opened new positions, 3 closed out, 9 added to existing stakes and 7 trimmed.
The largest buyer was UBS Group, adding an estimated $809K. The largest seller was Ameriprise, exiting entirely with an estimated $230K sold.
- 22 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q1 2017, down from 23 in Q4 2016.
- Funds reported $32.3M of Western Asset Investment Grade Defined Opportunity Trust stock for Q1 2017, up 2.9% quarter-over-quarter.
- 3 funds opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q1 2017 and 3 closed out, a net change of 0 holders.
- The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q1 2017 was UBS Group, an estimated $809K added.
- The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q1 2017 was Ameriprise, an estimated $230K sold.
Based on aggregated 13F filings for Q1 2017.