Western Asset Investment Grade Income Fund
PAI
26 hedge funds and large institutions have $10.8M invested in Western Asset Investment Grade Income Fund in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
4% more funds holding
Funds holding: 25 → 26 (+1)
0% more capital invested
Capital invested by funds: $10.8M → $10.8M (+$8K)
0.02% more ownership
Funds ownership: 7.24% → 7.26% (+0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$102K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$94.1K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$68.9K |
| 4 |
SC
Steph & Co
Marinette,
Wisconsin
|
+$47.5K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$26.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$597K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$217K |
| 3 |
MCP
Martin Capital Partners
Eugene,
Oregon
|
-$92.7K |
| 4 |
FIA
FNY Investment Advisers
New York
|
-$15K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$8.21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2K | – | – | – |
|
|
27
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$217K | -13,832 | Closed |
|
|
FIA
28
FNY Investment Advisers
New York
| – | -$15K | -979 | Closed |
|
PAI Hedge Fund Activity: Q4 2021 in Review
26 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Income Fund (PAI) for Q4 2021, worth a combined $10.8M — up 0.07% from $10.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PAI positions and 2 closed out — a net gain of 1 holder — while 10 added to existing stakes and 7 trimmed.
The largest buyer was LPL Financial, adding an estimated $102K. The largest seller was UBS Group, cutting an estimated $597K.
- 26 institutional investors held Western Asset Investment Grade Income Fund (PAI) as of Q4 2021, up from 25 in Q3 2021.
- Funds reported $10.8M of Western Asset Investment Grade Income Fund stock for Q4 2021, up 0.07% quarter-over-quarter.
- 3 funds opened new Western Asset Investment Grade Income Fund positions in Q4 2021 and 2 closed out, a net change of +1 holder.
- The largest Western Asset Investment Grade Income Fund buyer in Q4 2021 was LPL Financial, an estimated $102K added.
- The largest Western Asset Investment Grade Income Fund seller in Q4 2021 was UBS Group, an estimated $597K sold.
Based on aggregated 13F filings for Q4 2021.