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IGI

Western Asset Investment Grade Defined Opportunity Trust

24 hedge funds and large institutions have $33.7M invested in Western Asset Investment Grade Defined Opportunity Trust in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 5

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

4% more funds holding

Funds holding: 2324 (+1)

4% more capital invested

Capital invested by funds: $32.5M → $33.7M (+$1.21M)

0.3% less ownership

Funds ownership: 13.95%13.64% (-0.3%)

Holders
24
Holders Change
+1
Holders Change %
+4.35%
% of All Funds
0.54%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
9
Reduced
5
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$16.2M -$12K -556 -0.1%
Bank of America
2
Bank of America
North Carolina
$4.75M +$113K +5,222 +3%
First Manhattan
3
First Manhattan
New York
$3.04M
Morgan Stanley
4
Morgan Stanley
New York
$2.87M +$120K +5,549 +5%
Invesco
5
Invesco
Georgia
$1.46M -$254K -11,760 -16%
CAN
6
Cetera Advisor Networks
California
$1.31M +$29.6K +1,369 +2%
GC
7
Guggenheim Capital
Illinois
$878K +$81.5K +3,773 +11%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$617K +$18.4K +850 +3%
RJA
9
Raymond James & Associates
Florida
$457K -$5.4K -250 -1%
Northwestern Mutual Wealth Management
10
Northwestern Mutual Wealth Management
Wisconsin
$357K +$173 +8 +0.1%
YP
11
Yellowstone Partners
Idaho
$324K +$453 +21 +0.1%
DA
12
Doliver Advisors
Texas
$288K -$338K -15,646 -55%
Wells Fargo
13
Wells Fargo
California
$229K +$13.7K +634 +7%
Citigroup
14
Citigroup
New York
$226K
DMC
15
Drexel Morgan & Co
Pennsylvania
$220K
RJFSA
16
Raymond James Financial Services Advisors
Florida
$205K +$193K +8,957 New
AWM
17
Aevitas Wealth Management
Massachusetts
$139K +$131K +6,089 New
VFA
18
Valeo Financial Advisors
Indiana
$32K
PWM
19
Perigon Wealth Management
California
$25K +$151 +7 +0.6%
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$22K -$17.3K -800 -46%
FWM
21
Focused Wealth Management
New York
$17K
IA
22
IFP Advisors
Florida
$15K
FCMT
23
Founders Capital Management (Texas)
Texas
$11K
AG
24
Advisor Group
Arizona
$5K +$4.58K +212 New
SFSIG
25
San Francisco Sentry Investment Group
California
$3K

IGI Hedge Fund Activity: Q4 2017 in Review

24 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q4 2017, worth a combined $33.7M — up 3.7% from $32.5M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new IGI positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 5 trimmed.

The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $193K. The largest seller was Robinson Capital Management, exiting entirely with an estimated $629K sold.

  • 24 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q4 2017, up from 23 in Q3 2017.
  • Funds reported $33.7M of Western Asset Investment Grade Defined Opportunity Trust stock for Q4 2017, up 3.7% quarter-over-quarter.
  • 3 funds opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q4 2017 and 2 closed out, a net change of +1 holder.
  • The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q4 2017 was Raymond James Financial Services Advisors, an estimated $193K added.
  • The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q4 2017 was Robinson Capital Management, an estimated $629K sold.

Based on aggregated 13F filings for Q4 2017.