Western Asset Investment Grade Defined Opportunity Trust
36 hedge funds and large institutions have $80.1M invested in Western Asset Investment Grade Defined Opportunity Trust in 2024 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 9 closing their positions.
2% more capital invested
Capital invested by funds: $78.5M → $80.1M (+$1.68M)
1.3% less ownership
Funds ownership: 42.34% → 41.04% (-1.3%)
3% less funds holding
Funds holding: 37 → 36 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$2.28M |
| 2 |
Jane Street
New York
|
+$1.69M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.6M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.36M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HC
Hara Capital
Bellevue,
Washington
|
-$3.49M |
| 2 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$2.27M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
-$1.73M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$692K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$623K |
IGI Hedge Fund Activity: Q3 2024 in Review
36 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Defined Opportunity Trust (IGI) for Q3 2024, worth a combined $80.1M — up 2.1% from $78.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IGI and 8 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 7 added.
The largest buyer was Almitas Capital, adding an estimated $2.28M. The largest seller was Hara Capital, exiting entirely with an estimated $3.49M sold.
- 36 institutional investors held Western Asset Investment Grade Defined Opportunity Trust (IGI) as of Q3 2024, down from 37 in Q2 2024.
- Funds reported $80.1M of Western Asset Investment Grade Defined Opportunity Trust stock for Q3 2024, up 2.1% quarter-over-quarter.
- 8 funds opened new Western Asset Investment Grade Defined Opportunity Trust positions in Q3 2024 and 9 closed out, a net change of -1 holder.
- The largest Western Asset Investment Grade Defined Opportunity Trust buyer in Q3 2024 was Almitas Capital, an estimated $2.28M added.
- The largest Western Asset Investment Grade Defined Opportunity Trust seller in Q3 2024 was Hara Capital, an estimated $3.49M sold.
Based on aggregated 13F filings for Q3 2024.