Western Asset Investment Grade Income Fund
PAI
41 hedge funds and large institutions have $27.1M invested in Western Asset Investment Grade Income Fund in 2024 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
9% more capital invested
Capital invested by funds: $24.9M → $27.1M (+$2.19M)
3% more funds holding
Funds holding: 40 → 41 (+1)
0.49% more ownership
Funds ownership: 21.67% → 22.16% (+0.49%)
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jones Financial Companies
Des Peres,
Missouri
|
+$978K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$391K |
| 3 |
FPAS
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
+$180K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$149K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$63.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SFI Advisors
Montclair,
New Jersey
|
-$560K |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$159K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$138K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$99.9K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$88.3K |
PAI Hedge Fund Activity: Q3 2024 in Review
41 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Western Asset Investment Grade Income Fund (PAI) for Q3 2024, worth a combined $27.1M — up 8.8% from $24.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PAI positions and 4 closed out — a net gain of 1 holder — while 9 added to existing stakes and 15 trimmed.
The largest buyer was Jones Financial Companies, adding an estimated $978K. The largest seller was SFI Advisors, exiting entirely with an estimated $560K sold.
- 41 institutional investors held Western Asset Investment Grade Income Fund (PAI) as of Q3 2024, up from 40 in Q2 2024.
- Funds reported $27.1M of Western Asset Investment Grade Income Fund stock for Q3 2024, up 8.8% quarter-over-quarter.
- 5 funds opened new Western Asset Investment Grade Income Fund positions in Q3 2024 and 4 closed out, a net change of +1 holder.
- The largest Western Asset Investment Grade Income Fund buyer in Q3 2024 was Jones Financial Companies, an estimated $978K added.
- The largest Western Asset Investment Grade Income Fund seller in Q3 2024 was SFI Advisors, an estimated $560K sold.
Based on aggregated 13F filings for Q3 2024.