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IGI

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.

New
Increased
Maintained
Reduced
Closed

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: 2222 (0)

0% more first-time investments, than exits

New positions opened: 1 | Existing positions closed: 1

Holders
22
Holders Change
Holders Change %
0%
% of All Funds
0.43%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
11
Reduced
4
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$15.3M -$100K -4,673 -0.7%
UR
2
USCA RIA
Texas
$4.58M +$361K +16,804 +9%
Bank of America
3
Bank of America
North Carolina
$3.45M -$286K -13,331 -8%
Morgan Stanley
4
Morgan Stanley
New York
$2.88M +$128K +5,952 +5%
Invesco
5
Invesco
Georgia
$2.2M +$240K +11,157 +13%
First Manhattan
6
First Manhattan
New York
$2.13M
GC
7
Guggenheim Capital
Illinois
$1.62M +$170K +7,911 +13%
CAN
8
Cetera Advisor Networks
California
$1.47M +$112K +5,236 +9%
RJA
9
Raymond James & Associates
Florida
$714K +$3.39K +158 +0.5%
Wells Fargo
10
Wells Fargo
California
$421K +$25.2K +1,172 +7%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$403K +$14.3K +665 +4%
DAS
12
Dynamic Advisor Solutions
Arizona
$353K +$279 +13 +0.1%
Northwestern Mutual Wealth Management
13
Northwestern Mutual Wealth Management
Wisconsin
$272K -$60.3K -2,809 -19%
Citigroup
14
Citigroup
New York
$227K
DMC
15
Drexel Morgan & Co
Pennsylvania
$220K
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$208K +$23.6K +1,100 +14%
SIA
17
Sit Investment Associates
Minnesota
$173K +$162K +7,557 New
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$74K +$773 +36 +1%
FIA
19
FNY Investment Advisers
New York
$47K -$47K -2,187 -52%
VFA
20
Valeo Financial Advisors
Indiana
$16K
FCMT
21
Founders Capital Management (Texas)
Texas
$11K
AG
22
Advisor Group
Arizona
$5K
AIC
23
Ameritas Investment Company
Nebraska
-$22K -1,009 Closed

IGI Hedge Fund Activity: Q4 2019 in Review

22 of the 5,075 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.