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IGI

Western Asset Investment Grade Defined Opportunity Trust

26 hedge funds and large institutions have $40.8M invested in Western Asset Investment Grade Defined Opportunity Trust in 2021 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

18% more funds holding

Funds holding: 2226 (+4)

0.18% more ownership

Funds ownership: 17.12%17.3% (+0.18%)

0% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 7

1% less capital invested

Capital invested by funds: $41M → $40.8M (-$231K)

Holders
26
Holders Change
+4
Holders Change %
+18.18%
% of All Funds
0.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
7
Reduced
7
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$13.4M -$2.28M -104,289 -14%
SIA
2
Sit Investment Associates
Minnesota
$6.79M +$900K +41,095 +15%
CAN
3
Cetera Advisor Networks
California
$4.16M +$262K +11,978 +7%
Morgan Stanley
4
Morgan Stanley
New York
$3.51M -$211K -9,650 -6%
Invesco
5
Invesco
Georgia
$2.6M +$23K +1,048 +0.9%
First Manhattan
6
First Manhattan
New York
$1.64M
GC
7
Guggenheim Capital
Illinois
$1.46M -$33.5K -1,530 -2%
Wells Fargo
8
Wells Fargo
California
$1.45M -$109K -4,976 -7%
RJA
9
Raymond James & Associates
Florida
$1.27M +$288K +13,132 +29%
Bank of America
10
Bank of America
North Carolina
$1.04M -$13.7K -624 -1%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$596K +$13.7K +625 +2%
Stifel Financial
12
Stifel Financial
Missouri
$451K +$63.9K +2,916 +16%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$416K +$65K +2,967 +18%
CWM
14
Collaborative Wealth Management
Florida
$361K +$361K +16,492 New
FAG
15
Fortitude Advisory Group
Washington
$345K +$345K +15,769 New
LPL Financial
16
LPL Financial
California
$224K +$224K +10,228 New
OHWP
17
Oak Harbor Wealth Partners
North Carolina
$222K +$222K +10,135 New
KIM
18
Karpus Investment Management
New York
$216K
Ameriprise
19
Ameriprise
Minnesota
$206K -$15K -683 -7%
SPIA
20
Steward Partners Investment Advisory
New York
$121K
LC
21
Lindbrook Capital
California
$109K +$110K +5,000 New
Rockefeller Capital Management
22
Rockefeller Capital Management
New York
$83K
HCP
23
Hexagon Capital Partners
Arkansas
$36K
Osaic Holdings
24
Osaic Holdings
Arizona
$5K
CP
25
Castleview Partners
Texas
$503 +$241K +10,995 New

IGI Hedge Fund Activity: Q4 2021 in Review

26 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q4 2021, worth a combined $40.8M — down 0.56% from $41M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new IGI positions and 2 closed out — a net gain of 4 holders — while 7 added to existing stakes and 7 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $900K. The largest seller was UBS Group, cutting an estimated $2.28M.

  • 26 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q4 2021, up from 22 in Q3 2021.
  • Funds reported $40.8M of Western Asset Investment Grade Defined Opportunity Trust stock for Q4 2021, down 0.56% quarter-over-quarter.
  • 6 funds opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q4 2021 and 2 closed out, a net change of +4 holders.
  • The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q4 2021 was Sit Investment Associates, an estimated $900K added.
  • The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q4 2021 was UBS Group, an estimated $2.28M sold.

Based on aggregated 13F filings for Q4 2021.