Western Asset Investment Grade Defined Opportunity Trust
22 hedge funds and large institutions have $41M invested in Western Asset Investment Grade Defined Opportunity Trust in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 3 closing their positions.
1% more capital invested
Capital invested by funds: $40.5M → $41M (+$539K)
0.16% more ownership
Funds ownership: 16.96% → 17.12% (+0.16%)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
4% less funds holding
Funds holding: 23 → 22 (-1)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$745K |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$501K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$219K |
| 4 |
Morgan Stanley
New York
|
+$212K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSAM
Moloney Securities Asset Management
Manchester,
Missouri
|
-$792K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$229K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$179K |
| 4 |
Citigroup
New York
|
-$170K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$124K |
IGI Hedge Fund Activity: Q3 2021 in Review
22 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q3 2021, worth a combined $41M — up 1.3% from $40.5M a quarter earlier.
Fund positioning in IGI was balanced in Q3 2021: 3 funds opened new positions, 3 closed out, 7 added to existing stakes and 9 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $745K. The largest seller was Moloney Securities Asset Management, exiting entirely with an estimated $792K sold.
- 22 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q3 2021, down from 23 in Q2 2021.
- Funds reported $41M of Western Asset Investment Grade Defined Opportunity Trust stock for Q3 2021, up 1.3% quarter-over-quarter.
- 3 funds opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q3 2021 and 3 closed out, a net change of 0 holders.
- The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q3 2021 was Sit Investment Associates, an estimated $745K added.
- The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q3 2021 was Moloney Securities Asset Management, an estimated $792K sold.
Based on aggregated 13F filings for Q3 2021.