Western Asset Investment Grade Defined Opportunity Trust
20 hedge funds and large institutions have $39.2M invested in Western Asset Investment Grade Defined Opportunity Trust in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
5% more funds holding
Funds holding: 19 → 20 (+1)
0.98% less ownership
Funds ownership: 18.96% → 17.99% (-0.98%)
8% less capital invested
Capital invested by funds: $42.7M → $39.2M (-$3.48M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$363K |
| 2 |
First Manhattan
New York
|
+$156K |
| 3 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
+$142K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$89.3K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$86.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.63M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$245K |
| 3 |
DMC
Drexel Morgan & Co
Radnor,
Pennsylvania
|
-$201K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$39.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$26.4K |
IGI Hedge Fund Activity: Q2 2015 in Review
20 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q2 2015, worth a combined $39.2M — down 8.1% from $42.7M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new IGI positions and 1 closed out — a net gain of 1 holder — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Invesco, adding an estimated $363K. The largest seller was UBS Group, cutting an estimated $2.63M.
- 20 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q2 2015, up from 19 in Q1 2015.
- Funds reported $39.2M of Western Asset Investment Grade Defined Opportunity Trust stock for Q2 2015, down 8.1% quarter-over-quarter.
- 2 funds opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q2 2015 and 1 closed out, a net change of +1 holder.
- The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q2 2015 was Invesco, an estimated $363K added.
- The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q2 2015 was UBS Group, an estimated $2.63M sold.
Based on aggregated 13F filings for Q2 2015.