Western Asset Investment Grade Income Fund
PAI
22 hedge funds and large institutions have $8.4M invested in Western Asset Investment Grade Income Fund in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 2 closing their positions.
17% more capital invested
Capital invested by funds: $7.18M → $8.4M (+$1.22M)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0.36% more ownership
Funds ownership: 5.09% → 5.45% (+0.36%)
0% more funds holding
Funds holding: 22 → 22 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$289K |
| 2 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$280K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$255K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$172K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$64.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCM
M&R Capital Management
Summit,
New Jersey
|
-$292K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$176K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$103K |
| 4 |
CSIC
Clifford Swan Investment Counsel
Pasadena,
California
|
-$43K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$20K |
PAI Hedge Fund Activity: Q3 2019 in Review
22 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Income Fund (PAI) for Q3 2019, worth a combined $8.4M — up 17% from $7.18M a quarter earlier.
Fund positioning in PAI was balanced in Q3 2019: 2 funds opened new positions, 2 closed out, 8 added to existing stakes and 7 trimmed.
The largest buyer was Ameriprise, opening a new position worth an estimated $289K. The largest seller was M&R Capital Management, cutting an estimated $292K.
- 22 institutional investors held Western Asset Investment Grade Income Fund (PAI) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $8.4M of Western Asset Investment Grade Income Fund stock for Q3 2019, up 17% quarter-over-quarter.
- 2 funds opened new Western Asset Investment Grade Income Fund positions in Q3 2019 and 2 closed out, a net change of 0 holders.
- The largest Western Asset Investment Grade Income Fund buyer in Q3 2019 was Ameriprise, an estimated $289K added.
- The largest Western Asset Investment Grade Income Fund seller in Q3 2019 was M&R Capital Management, an estimated $292K sold.
Based on aggregated 13F filings for Q3 2019.