Who Owns Western Asset Investment Grade Income Fund Stock?
NYSE: PAIFinanceTrusts Except Educational Religious and CharitableUSD
Market open · Delayed 15 min · as of Oct 9, 1:11 PM ET
Ownership breakdown
- Held by institutions
- 35.12%
- Held by insiders
- 0.01%
- Institutional holders
- 39
- Institutions 35.1%
- Insiders 0.0%
- Public and other 64.9%
Who owns Western Asset Investment Grade Income Fund stock?
Institutional investors own about 35.1% of Western Asset Investment Grade Income Fund's shares, spread across 39 institutions that file 13F reports. That level of institutional ownership is relatively low, leaving more of the stock with retail investors and insiders. Insiders, including executives, directors and large founding shareholders, hold 0.01% of PAI.
The largest institutional holders are SIT Investment Associates Inc (12.20%), 1607 Capital Partners, LLC (5.87%) and Hennion & Walsh Asset Management, Inc. (2.40%). Together, the top 10 institutions control 30.3% of shares outstanding. In their latest filings, 7 of the top 10 institutions increased their PAI positions and 3 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of PAI
| Institution | Shares | % Held | Change |
|---|---|---|---|
| SIT Investment Associates Inc | 1.16M | 12.20% | +0.5% |
| 1607 Capital Partners, LLC | 558.37K | 5.87% | -22.4% |
| Hennion & Walsh Asset Management, Inc. | 227.83K | 2.40% | -14.5% |
| Jones Financial Companies, L.L.L.P. | 217.71K | 2.29% | +4.0% |
| Karpus Management, Inc. | 206.02K | 2.17% | +100.0% |
| Guggenheim Capital, LLC | 165.56K | 1.74% | -23.4% |
| Fiera Capital Corporation | 131.50K | 1.38% | +3.1% |
| LPL Financial LLC | 91.49K | 0.96% | +0.3% |
| Stifel Financial Corporation | 72.53K | 0.76% | +69.9% |
| Wolverine Asset Management, LLC | 55.40K | 0.58% | +20.7% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of PAI
| Fund | Shares | % Held |
|---|---|---|
| Rydex Variable Trust-Multi-Hedge Strategies Fund | 302 | 0.00% |
| Rydex Series Funds-Guggenheim Multi-Hedge Strategies Fund | 107 | 0.00% |
Frequently asked questions
Who is the largest shareholder of Western Asset Investment Grade Income Fund?
SIT Investment Associates Inc is the largest institutional shareholder of PAI, owning 12.20% of shares outstanding (1.16M shares) as of its latest 13F filing.
What percentage of Western Asset Investment Grade Income Fund is owned by institutions?
Institutions own about 35.1% of PAI shares and 35.1% of the public float.
How much of Western Asset Investment Grade Income Fund do insiders own?
Insiders, such as officers and directors, own about 0.01% of PAI shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.