Western Asset Investment Grade Defined Opportunity Trust
23 hedge funds and large institutions have $40.5M invested in Western Asset Investment Grade Defined Opportunity Trust in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 3 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
110% more capital inflows, than outflows
Capital inflows: $5.66M | Capital outflows: $2.7M
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
1.11% more ownership
Funds ownership: 15.84% → 16.96% (+1.1%)
0% more funds holding
Funds holding: 23 → 23 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.43M |
| 2 |
Moloney Securities Asset Management
Manchester,
Missouri
|
+$775K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$565K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$401K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$395K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USCA RIA
Houston,
Texas
|
-$2.38M |
| 2 |
Drexel Morgan & Co
Radnor,
Pennsylvania
|
-$206K |
| 3 |
Steward Partners Investment Advisory
New York
|
-$35.9K |
| 4 |
Citigroup
New York
|
-$34.4K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$18.2K |
IGI Hedge Fund Activity: Q2 2021 in Review
23 of the 5,769 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q2 2021, worth a combined $40.5M — up 10% from $36.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new IGI positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 4 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.43M. The largest seller was USCA RIA, exiting entirely with an estimated $2.38M sold.
- 23 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $40.5M of Western Asset Investment Grade Defined Opportunity Trust stock for Q2 2021, up 10% quarter-over-quarter.
- 4 funds opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q2 2021 and 3 closed out, a net change of +1 holder.
- The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q2 2021 was Sit Investment Associates, an estimated $2.43M added.
- The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q2 2021 was USCA RIA, an estimated $2.38M sold.
Based on aggregated 13F filings for Q2 2021.