Western Asset Investment Grade Defined Opportunity Trust
20 hedge funds and large institutions have $38.2M invested in Western Asset Investment Grade Defined Opportunity Trust in 2015 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 1 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
0.13% more ownership
Funds ownership: 17.47% → 17.6% (+0.13%)
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
1% less capital invested
Capital invested by funds: $38.5M → $38.2M (-$322K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$493K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$325K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$202K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$160K |
| 5 |
First Manhattan
New York
|
+$76.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$720K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$169K |
| 3 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$97K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$46.2K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$25.9K |
IGI Hedge Fund Activity: Q4 2015 in Review
20 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q4 2015, worth a combined $38.2M — down 0.84% from $38.5M a quarter earlier.
Fund positioning in IGI was balanced in Q4 2015: 1 fund opened new positions, 1 closed out, 8 added to existing stakes and 6 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $493K. The largest seller was UBS Group, cutting an estimated $720K.
- 20 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $38.2M of Western Asset Investment Grade Defined Opportunity Trust stock for Q4 2015, down 0.84% quarter-over-quarter.
- 1 fund opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q4 2015 and 1 closed out, a net change of 0 holders.
- The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q4 2015 was LPL Financial, an estimated $493K added.
- The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q4 2015 was UBS Group, an estimated $720K sold.
Based on aggregated 13F filings for Q4 2015.