Western Asset Investment Grade Income Fund
PAI
39 hedge funds and large institutions have $21.9M invested in Western Asset Investment Grade Income Fund in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
5% more funds holding
Funds holding: 37 → 39 (+2)
1.29% more ownership
Funds ownership: 19.18% → 20.47% (+1.3%)
3% more capital invested
Capital invested by funds: $21.2M → $21.9M (+$687K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$384K |
| 2 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$347K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$248K |
| 4 |
FPAS
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
+$167K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$127K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$144K |
| 2 |
WCM
Whitener Capital Management
Rocky Mount,
North Carolina
|
-$117K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$71.8K |
| 4 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$45.1K |
| 5 |
FCMT
Founders Capital Management (Texas)
Houston,
Texas
|
-$35.1K |
PAI Hedge Fund Activity: Q3 2023 in Review
39 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Income Fund (PAI) for Q3 2023, worth a combined $21.9M — up 3.2% from $21.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PAI positions and 2 closed out — a net gain of 2 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $384K. The largest seller was Cetera Advisor Networks, exiting entirely with an estimated $144K sold.
- 39 institutional investors held Western Asset Investment Grade Income Fund (PAI) as of Q3 2023, up from 37 in Q2 2023.
- Funds reported $21.9M of Western Asset Investment Grade Income Fund stock for Q3 2023, up 3.2% quarter-over-quarter.
- 4 funds opened new Western Asset Investment Grade Income Fund positions in Q3 2023 and 2 closed out, a net change of +2 holders.
- The largest Western Asset Investment Grade Income Fund buyer in Q3 2023 was 1607 Capital Partners, an estimated $384K added.
- The largest Western Asset Investment Grade Income Fund seller in Q3 2023 was Cetera Advisor Networks, an estimated $144K sold.
Based on aggregated 13F filings for Q3 2023.