Western Asset Investment Grade Defined Opportunity Trust
25 hedge funds and large institutions have $31.6M invested in Western Asset Investment Grade Defined Opportunity Trust in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
4% more funds holding
Funds holding: 24 → 25 (+1)
0.04% more ownership
Funds ownership: 13.64% → 13.68% (+0.04%)
6% less capital invested
Capital invested by funds: $33.7M → $31.6M (-$2.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LF
Lee Financial
Dallas,
Texas
|
+$1.16M |
| 2 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$297K |
| 3 |
LPL Financial
San Diego,
California
|
+$266K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$191K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.31M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$288K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$105K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$53.4K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$49K |
IGI Hedge Fund Activity: Q1 2018 in Review
25 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q1 2018, worth a combined $31.6M — down 6.2% from $33.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new IGI positions and 2 closed out — a net gain of 2 holders — while 8 added to existing stakes and 4 trimmed.
The largest buyer was Lee Financial, opening a new position worth an estimated $1.16M. The largest seller was Cetera Advisor Networks, exiting entirely with an estimated $1.31M sold.
- 25 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q1 2018, up from 24 in Q4 2017.
- Funds reported $31.6M of Western Asset Investment Grade Defined Opportunity Trust stock for Q1 2018, down 6.2% quarter-over-quarter.
- 4 funds opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q1 2018 and 2 closed out, a net change of +2 holders.
- The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q1 2018 was Lee Financial, an estimated $1.16M added.
- The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q1 2018 was Cetera Advisor Networks, an estimated $1.31M sold.
Based on aggregated 13F filings for Q1 2018.