Western Asset Investment Grade Defined Opportunity Trust
26 hedge funds and large institutions have $40.8M invested in Western Asset Investment Grade Defined Opportunity Trust in 2021 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
18% more funds holding
Funds holding: 22 → 26 (+4)
0.18% more ownership
Funds ownership: 17.12% → 17.3% (+0.18%)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
1% less capital invested
Capital invested by funds: $41M → $40.8M (-$231K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$900K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$288K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$262K |
| 4 |
LPL Financial
San Diego,
California
|
+$224K |
| 5 |
LC
Lindbrook Capital
Calabasas,
California
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.28M |
| 2 |
Morgan Stanley
New York
|
-$211K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$109K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$33.5K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$15K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| – | -$12.9K | -588 | -100% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| – | -$3K | -120 | Closed |
|
IGI Hedge Fund Activity: Q4 2021 in Review
26 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q4 2021, worth a combined $40.8M — down 0.56% from $41M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new IGI positions and 2 closed out — a net gain of 4 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $900K. The largest seller was UBS Group, cutting an estimated $2.28M.
- 26 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q4 2021, up from 22 in Q3 2021.
- Funds reported $40.8M of Western Asset Investment Grade Defined Opportunity Trust stock for Q4 2021, down 0.56% quarter-over-quarter.
- 6 funds opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q4 2021 and 2 closed out, a net change of +4 holders.
- The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q4 2021 was Sit Investment Associates, an estimated $900K added.
- The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q4 2021 was UBS Group, an estimated $2.28M sold.
Based on aggregated 13F filings for Q4 2021.