Western Asset Investment Grade Income Fund
PAI
34 hedge funds and large institutions have $39.7M invested in Western Asset Investment Grade Income Fund in 2025 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
49% more capital invested
Capital invested by funds: $26.7M → $39.7M (+$13M)
11.57% more ownership
Funds ownership: 21.88% → 33.45% (+12%)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
6% more funds holding
Funds holding: 32 → 34 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$14.4M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$832K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$800K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$554K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$511K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
SeaBridge Investment Advisors
Summit,
New Jersey
|
-$3.53M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$235K |
| 3 |
LPL Financial
San Diego,
California
|
-$193K |
| 4 |
TPW
Transatlantique Private Wealth
New York
|
-$185K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$148K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $105K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $85.5K | +$84.2K | +6,708 | +4,791% |
|
|
IAIM
28
International Assets Investment Management
Orlando,
Florida
| $70.5K | +$70.9K | +5,650 | New |
|
29
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $49K | – | – | – |
|
|
FCMT
30
Founders Capital Management (Texas)
Houston,
Texas
| $39.2K | – | – | – |
|
|
KAS
31
Kestra Advisory Services
Austin,
Texas
| $31.7K | +$31.8K | +2,537 | New |
|
32
Comerica Bank
Dallas,
Texas
| $30.6K | – | – | – |
|
|
KBFS
33
Kohmann Bosshard Financial Services
Fairlawn,
Ohio
| $24.2K | +$24.3K | +1,939 | New |
|
|
CFD
34
Creative Financial Designs
Kokomo,
Indiana
| $18.7K | – | – | – |
|
|
SIA
35
SeaBridge Investment Advisors
Summit,
New Jersey
| – | -$3.53M | -275,204 | Closed |
|
|
TPW
36
Transatlantique Private Wealth
New York
| – | -$185K | -14,400 | Closed |
|
|
37
Ameriprise
Minneapolis,
Minnesota
| – | -$148K | -11,536 | Closed |
|
38
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$132K | -10,263 | Closed |
|
PAI Hedge Fund Activity: Q4 2025 in Review
34 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Income Fund (PAI) for Q4 2025, worth a combined $39.7M — up 49% from $26.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PAI positions and 4 closed out — a net gain of 2 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $14.4M. The largest seller was SeaBridge Investment Advisors, exiting entirely with an estimated $3.53M sold.
- 34 institutional investors held Western Asset Investment Grade Income Fund (PAI) as of Q4 2025, up from 32 in Q3 2025.
- Funds reported $39.7M of Western Asset Investment Grade Income Fund stock for Q4 2025, up 49% quarter-over-quarter.
- 6 funds opened new Western Asset Investment Grade Income Fund positions in Q4 2025 and 4 closed out, a net change of +2 holders.
- The largest Western Asset Investment Grade Income Fund buyer in Q4 2025 was Sit Investment Associates, an estimated $14.4M added.
- The largest Western Asset Investment Grade Income Fund seller in Q4 2025 was SeaBridge Investment Advisors, an estimated $3.53M sold.
Based on aggregated 13F filings for Q4 2025.