Western Asset Investment Grade Defined Opportunity Trust
IGI
22 hedge funds and large institutions have $33.7M invested in Western Asset Investment Grade Defined Opportunity Trust in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 1 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 3
2% more capital invested
Capital invested by funds: $33M → $33.7M (+$714K)
0% more funds holding
Funds holding: 22 → 22 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0.03% less ownership
Funds ownership: 14.54% → 14.51% (-0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$213K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$199K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$175K |
| 4 |
FIA
FNY Investment Advisers
New York
|
+$86.5K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$46.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$696K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$184K |
| 3 |
Morgan Stanley
New York
|
-$68.8K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$14.8K |
IGI Hedge Fund Activity: Q3 2019 in Review
22 of the 4,575 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q3 2019, worth a combined $33.7M — up 2.2% from $33M a quarter earlier.
Fund positioning in IGI was balanced in Q3 2019: 1 fund opened new positions, 1 closed out, 12 added to existing stakes and 3 trimmed.
The largest buyer was Bank of America, adding an estimated $213K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $696K sold.
- 22 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $33.7M of Western Asset Investment Grade Defined Opportunity Trust stock for Q3 2019, up 2.2% quarter-over-quarter.
- 1 fund opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q3 2019 and 1 closed out, a net change of 0 holders.
- The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q3 2019 was Bank of America, an estimated $213K added.
- The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q3 2019 was Sit Investment Associates, an estimated $696K sold.
Based on aggregated 13F filings for Q3 2019.