Western Asset Investment Grade Defined Opportunity Trust
23 hedge funds and large institutions have $32.5M invested in Western Asset Investment Grade Defined Opportunity Trust in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 4 closing their positions.
0% more funds holding
Funds holding: 23 → 23 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.01% less ownership
Funds ownership: 13.96% → 13.95% (-0.01%)
3% less capital invested
Capital invested by funds: $33.4M → $32.5M (-$861K)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$167K |
| 2 |
FMA
FNY Managed Accounts
New York
|
+$147K |
| 3 |
First Manhattan
New York
|
+$130K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$65K |
| 5 |
Morgan Stanley
New York
|
+$50.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$325K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$203K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$168K |
| 4 |
SG Americas Securities
New York
|
-$139K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$69.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
SG Americas Securities
New York
| – | -$139K | -6,402 | Closed |
|
|
AWMS
27
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$4K | -175 | Closed |
|
|
PCM
28
Penserra Capital Management
Orinda,
California
| – | -$3K | -167 | Closed |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| – | -$1K | -50 | Closed |
|
IGI Hedge Fund Activity: Q3 2017 in Review
23 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q3 2017, worth a combined $32.5M — down 2.6% from $33.4M a quarter earlier.
Fund positioning in IGI was balanced in Q3 2017: 4 funds opened new positions, 4 closed out, 6 added to existing stakes and 7 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $167K. The largest seller was UBS Group, cutting an estimated $325K.
- 23 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $32.5M of Western Asset Investment Grade Defined Opportunity Trust stock for Q3 2017, down 2.6% quarter-over-quarter.
- 4 funds opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q3 2017 and 4 closed out, a net change of 0 holders.
- The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q3 2017 was Guggenheim Capital, an estimated $167K added.
- The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q3 2017 was UBS Group, an estimated $325K sold.
Based on aggregated 13F filings for Q3 2017.