Western Asset Investment Grade Defined Opportunity Trust
22 hedge funds and large institutions have $36.8M invested in Western Asset Investment Grade Defined Opportunity Trust in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 1 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
9% more capital invested
Capital invested by funds: $33.7M → $36.8M (+$3.07M)
0.31% more ownership
Funds ownership: 14.51% → 14.82% (+0.31%)
0% more funds holding
Funds holding: 22 → 22 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UR
USCA RIA
Houston,
Texas
|
+$361K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$240K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$170K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$162K |
| 5 |
Morgan Stanley
New York
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$286K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$100K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$60.3K |
| 4 |
FIA
FNY Investment Advisers
New York
|
-$47K |
| 5 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
-$22K |
IGI Hedge Fund Activity: Q4 2019 in Review
22 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q4 2019, worth a combined $36.8M — up 9.1% from $33.7M a quarter earlier.
Fund positioning in IGI was balanced in Q4 2019: 1 fund opened new positions, 1 closed out, 11 added to existing stakes and 4 trimmed.
The largest buyer was USCA RIA, adding an estimated $361K. The largest seller was Bank of America, cutting an estimated $286K.
- 22 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $36.8M of Western Asset Investment Grade Defined Opportunity Trust stock for Q4 2019, up 9.1% quarter-over-quarter.
- 1 fund opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q4 2019 and 1 closed out, a net change of 0 holders.
- The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q4 2019 was USCA RIA, an estimated $361K added.
- The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q4 2019 was Bank of America, an estimated $286K sold.
Based on aggregated 13F filings for Q4 2019.