Vault-13

WESTERN ASSET INVT GRADE DEF IGI

COM · Closed-End Fund · CUSIP 95790A101

38 institutional holders -2 vs Q1 2024
4,593,7994.6m shares reported held*
$78.5mreported value*
5 new 10 added 12 reduced 7 sold out net sold ≈ $3.2m (-186.2k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $17.08.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 31Q4 22: 33Q1 23: 40Q2 23: 36Q3 23: 38Q4 23: 42Q1 24: 40Q2 24: 3838Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202231
Q4 202233
Q1 202340
Q2 202336
Q3 202338
Q4 202342
Q1 202440
Q2 202438

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 18 bought or addedQ4 22: 6 cut or sold outQ4 22Q1 23: 22 bought or addedQ1 23: 11 cut or sold outQ2 23: 17 bought or addedQ2 23: 14 cut or sold outQ2 23Q3 23: 21 bought or addedQ3 23: 7 cut or sold outQ4 23: 21 bought or addedQ4 23: 13 cut or sold outQ4 23Q1 24: 15 bought or addedQ1 24: 20 cut or sold outQ2 24: 15 bought or addedQ2 24: 19 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022186
Q1 20232211
Q2 20231714
Q3 2023217
Q4 20232113
Q1 20241520
Q2 20241519

Biggest buyers

Almitas Capital LLC New +209,335+209.3k
Atlas Wealth LLC New +132,578+132.6k
JANE STREET GROUP, LLC Added +90,171+90.2k
Karpus Management, Inc. Added +46,370+46.4k
Hara Capital LLC Added +34,665+34.7k
Hennion & Walsh Asset Management, Inc. Added +29,585+29.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +13,571+13.6k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Added +3,605+3.6k
UBS Group AG Added +3,256+3.3k
Sound Income Strategies, LLC New +1,014+1.0k

Biggest sellers

MORGAN STANLEY Reduced -339,582-339.6k
Moloney Securities Asset Management, LLC Sold out -122,862-122.9k
SIT INVESTMENT ASSOCIATES INC Reduced -109,215-109.2k
Relative Value Partners Group, LLC Sold out -50,338-50.3k
Thrivent Financial for Lutherans Sold out -18,813-18.8k
GUGGENHEIM CAPITAL LLC Reduced -18,306-18.3k
WELLS FARGO & COMPANY/MN Reduced -13,946-13.9k
Cetera Investment Advisers Sold out -13,395-13.4k
1607 Capital Partners, LLC Reduced -12,900-12.9k
FIRST TRUST ADVISORS LP Sold out -12,113-12.1k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
SIT INVESTMENT ASSOCIATES INC 13G · institution +7.2 pts · filed 2026-01-06 12.8% +7.2 pts 768.0k≈ $12.4m 2026-01-06
Karpus Management, Inc. 13G · institution +2.4 pts · filed 2026-08-14 8.8% +2.4 pts 529.0k≈ $8.5m 2026-08-14
1607 Capital Partners, LLC 13G · institution -1.3 pts · filed 2026-08-14 5.5% -1.3 pts 331.6k≈ $5.3m 2026-08-14

Fell to 5% or below in the last year: UBS Group AG (—, 2026-05-07), FIRST TRUST PORTFOLIOS LP (4.9%, 2026-01-30)

Insider purchases and sales in Q2 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 1 buyingQ4 22: 0 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20220—0——
Q4 20221$20.0k0——
Q1 20230—0——
Q2 20230—0——
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SIT INVESTMENT ASSOCIATES INC 0.31% of their portfolio Minneapolis, MN 795,520795.5k $13.6m $13.6m 0.31% Reduced -109.2k -109,215
2 Karpus Management, Inc. 0.29% of their portfolio Pittsford, NY 607,276607.3k $10.4m $10.4m 0.29% Added +46.4k +46,370
3 1607 Capital Partners, LLC 0.87% of their portfolio Richmond, VA 570,855570.9k $9.8m $9.8m 0.87% Reduced -12.9k -12,900
4 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 566,271566.3k $9.7m $9.7m 0.02% Unchanged
5 UBS Group AG 0.00% of their portfolio ZURICH, V8 451,709451.7k $7.7m $7.7m 0.00% Added +3.3k +3,256
6 Almitas Capital LLC 1.49% of their portfolio SANTA MONICA, CA 209,335209.3k $3.6m $3.6m 1.49% New
7 Hara Capital LLC 2.24% of their portfolio BELLEVUE, WA 204,560204.6k $3.5m $3.5m 2.24% Added +34.7k +34,665
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 166,717166.7k $2.8m $2.8m 0.00% Reduced -7.6k -7,605
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 154,725154.7k $2.6m $2.6m 0.00% Reduced -339.6k -339,582
10 Atlas Wealth LLC 0.27% of their portfolio CINCINNATI, OH 132,578132.6k $2.3m $2.3m 0.27% New
11 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 113,463113.5k $1.9m $1.9m 0.00% Added +90.2k +90,171
12 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 101,616101.6k $1.7m $1.7m 0.00% Reduced -13.9k -13,946
13 PRIVATE MANAGEMENT GROUP INC 0.07% of their portfolio IRVINE, CA 101,497101.5k $1.7m $1.7m 0.07% Reduced -1.7k -1,668
14 Hennion & Walsh Asset Management, Inc. 0.06% of their portfolio Parsippany, NJ 73,60773.6k $1.3m $1.3m 0.06% Added +29.6k +29,585
15 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 71,48471.5k $1.2m $1.2m 0.01% Reduced -18.3k -18,306
16 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 70,85070.8k $1.2m $1.2m 0.00% Reduced -1.1k -1,146
17 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 40,50340.5k $691.8k $691.8k 0.00% Reduced -5.2k -5,240
18 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 32,74132.7k $559.2k $559.2k 0.00% Added +615 +615
19 Cordgrass Capital Advisors, LLC 0.09% of their portfolio RALEIGH, NC 16,90016.9k $288.7k $288.7k 0.09% Added +745 +745
20 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 16,40716.4k $280.2k $280.2k 0.00% Added +159 +159
21 Fortitude Advisory Group L.L.C. 0.16% of their portfolio GIG HARBOR, WA 15,46315.5k $264.1k $264.1k 0.16% Unchanged
22 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.02% of their portfolio Englewood, NJ 14,62514.6k $249.8k $249.8k 0.02% Added +3.6k +3,605
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,57113.6k $231.8k $231.8k 0.00% New
24 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 11,94511.9k $204.0k $204.0k 0.00% Reduced -12.1k -12,057
25 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11,27011.3k $192.0k $192.0k 0.00% Reduced -73 -73
26 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 11,13111.1k $190.1k $190.1k 0.00% Unchanged
27 Diligent Investors, LLC 0.04% of their portfolio REDLANDS, CA 10,00010.0k $170.8k $170.8k 0.04% Unchanged
28 Hexagon Capital Partners LLC 0.01% of their portfolio ROGERS, AR 1,6331.6k $27.9k $27.9k 0.01% Unchanged
29 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,2001.2k $20.5k $20.5k 0.00% Unchanged
30 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 1,0141.0k $17.3k $17.3k 0.00% New
31 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 799799 $13.6k $13.6k 0.00% Unchanged
32 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 708708 $12.1k $12.1k 0.00% Unchanged
33 VALLEY WEALTH MANAGERS, INC. 0.00% of their portfolio PARAMUS, NJ 600600 $10.2k $10.2k 0.00% New
34 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 560560 $9.6k $9.6k 0.00% Reduced -2.0k -2,000
35 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 440440 $7.5k $7.5k 0.00% Added +4 +4
36 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 225225 $3.8k $3.8k 0.00% Unchanged
37 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 11 $17 $17 0.00% Unchanged
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged