Western Asset Investment Grade Income Fund
PAI
37 hedge funds and large institutions have $40.5M invested in Western Asset Investment Grade Income Fund in 2026 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
16% more funds holding
Funds holding: 32 → 37 (+5)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
1.11% more ownership
Funds ownership: 34% → 35.11% (+1.1%)
4% more capital invested
Capital invested by funds: $39.1M → $40.5M (+$1.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.5M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$434K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$396K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$363K |
| 5 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$270K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.96M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$614K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$468K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$430K |
| 5 |
CSIC
Clifford Swan Investment Counsel
Pasadena,
California
|
-$136K |
PAI Hedge Fund Activity: Q2 2026 in Review
37 of the 8,334 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Income Fund (PAI) for Q2 2026, worth a combined $40.5M — up 3.6% from $39.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PAI positions and 2 closed out — a net gain of 6 holders — while 11 added to existing stakes and 10 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $2.5M. The largest seller was 1607 Capital Partners, cutting an estimated $1.96M.
- 37 institutional investors held Western Asset Investment Grade Income Fund (PAI) as of Q2 2026, up from 32 in Q1 2026.
- Funds reported $40.5M of Western Asset Investment Grade Income Fund stock for Q2 2026, up 3.6% quarter-over-quarter.
- 8 funds opened new Western Asset Investment Grade Income Fund positions in Q2 2026 and 2 closed out, a net change of +6 holders.
- The largest Western Asset Investment Grade Income Fund buyer in Q2 2026 was Karpus Investment Management, an estimated $2.5M added.
- The largest Western Asset Investment Grade Income Fund seller in Q2 2026 was 1607 Capital Partners, an estimated $1.96M sold.
Based on aggregated 13F filings for Q2 2026.