Western Asset Investment Grade Defined Opportunity Trust
23 hedge funds and large institutions have $36.6M invested in Western Asset Investment Grade Defined Opportunity Trust in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 0 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
12% more capital invested
Capital invested by funds: $32.7M → $36.6M (+$3.91M)
5% more funds holding
Funds holding: 22 → 23 (+1)
0.86% more ownership
Funds ownership: 14.05% → 14.91% (+0.86%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$916K |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$832K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$374K |
| 4 |
Morgan Stanley
New York
|
+$296K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$632K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$82.4K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$31.1K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$16.2K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$14.3K |
IGI Hedge Fund Activity: Q3 2016 in Review
23 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q3 2016, worth a combined $36.6M — up 12% from $32.7M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new IGI positions and 0 closed out — a net gain of 1 holder — while 10 added to existing stakes and 7 trimmed.
The largest buyer was UBS Group, adding an estimated $916K. The largest seller was Advocacy Wealth Management Services, cutting an estimated $632K.
- 23 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q3 2016, up from 22 in Q2 2016.
- Funds reported $36.6M of Western Asset Investment Grade Defined Opportunity Trust stock for Q3 2016, up 12% quarter-over-quarter.
- 1 fund opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q3 2016 and 0 closed out, a net change of +1 holder.
- The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q3 2016 was UBS Group, an estimated $916K added.
- The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q3 2016 was Advocacy Wealth Management Services, an estimated $632K sold.
Based on aggregated 13F filings for Q3 2016.