We are live on ! Find out more
PAI

Western Asset Investment Grade Income Fund
PAI

22 hedge funds and large institutions have $8.51M invested in Western Asset Investment Grade Income Fund in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 22 → 22 (0)

0% more first-time investments, than exits

New positions opened: 1 | Existing positions closed: 1

1.02% less ownership

Funds ownership: 6.49% → 5.47% (-1%)

7% less capital invested

Capital invested by funds: $9.17M → $8.51M (-$664K)

80% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 10

Holders
22
Holders Change
–
Holders Change %
0%
% of All Funds
0.55%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
1
Increased
2
Reduced
10
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
+$220K
2
VF
Virtu Financial
New York
+$185K
3
GIP
Granite Investment Partners
California
+$2.73K

Top Sellers

Rank Fund Capital Flow
1
Invesco
Invesco
Georgia
-$1.14M
2
Morgan Stanley
Morgan Stanley
New York
-$206K
3
GC
Guggenheim Capital
Illinois
-$137K
4
MRCM
M&R Capital Management
New Jersey
-$137K
5
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
-$132K
Name Holding Trade Value Shares
Change 		Change in
Stake
CSIC
1
Clifford Swan Investment Counsel
California
$1.87M – – –
Wells Fargo
2
Wells Fargo
California
$1.83M +$220K +13,932 +14%
Bank of America
3
Bank of America
North Carolina
$757K -$13.6K -864 -2%
GIP
4
Granite Investment Partners
California
$749K +$2.73K +173 +0.4%
GC
5
Guggenheim Capital
Illinois
$701K -$137K -8,711 -17%
UBS Group
6
UBS Group
Switzerland
$577K -$72.9K -4,623 -12%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$492K -$43.6K -2,768 -8%
Morgan Stanley
8
Morgan Stanley
New York
$326K -$206K -13,055 -40%
LTFS
9
Ladenburg Thalmann Financial Services
Florida
$234K – – –
Invesco
10
Invesco
Georgia
$216K -$1.14M -72,165 -85%
VF
11
Virtu Financial
New York
$193K +$185K +11,744 New
CIA
12
Capital Investment Advisors
Georgia
$172K -$7.7K -488 -4%
MRCM
13
M&R Capital Management
New Jersey
$141K -$137K -8,700 -50%
FCMT
14
Founders Capital Management (Texas)
Texas
$141K – – –
BFEC
15
Benjamin F. Edwards & Company
Missouri
$38K – – –
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$28K – – –
FMP
17
Financial Management Professionals
Texas
$15K – – –
PA
18
Parallel Advisors
California
$15K – – –
NFG
19
Next Financial Group
Texas
$8K – – –
Northwestern Mutual Wealth Management
20
Northwestern Mutual Wealth Management
Wisconsin
$2K -$132K -8,365 -98%
AG
21
Advisor Group
Arizona
$2K -$17.3K -1,100 -92%
SPIA
22
Steward Partners Investment Advisory
New York
$2K – – –
SEI Investments
23
SEI Investments
Pennsylvania
– -$22K -1,500 Closed

PAI Hedge Fund Activity: Q3 2017 in Review

22 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Income Fund (PAI) for Q3 2017, worth a combined $8.51M — down 7.2% from $9.17M a quarter earlier.

Fund positioning in PAI was balanced in Q3 2017: 1 fund opened new positions, 1 closed out, 2 added to existing stakes and 10 trimmed.

The largest buyer was Wells Fargo, adding an estimated $220K. The largest seller was Invesco, cutting an estimated $1.14M.

  • 22 institutional investors held Western Asset Investment Grade Income Fund (PAI) as of Q3 2017, unchanged from Q2 2017.
  • Funds reported $8.51M of Western Asset Investment Grade Income Fund stock for Q3 2017, down 7.2% quarter-over-quarter.
  • 1 fund opened new Western Asset Investment Grade Income Fund positions in Q3 2017 and 1 closed out, a net change of 0 holders.
  • The largest Western Asset Investment Grade Income Fund buyer in Q3 2017 was Wells Fargo, an estimated $220K added.
  • The largest Western Asset Investment Grade Income Fund seller in Q3 2017 was Invesco, an estimated $1.14M sold.

Based on aggregated 13F filings for Q3 2017.