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MHF

Western Asset Municipal High Income Fund

48 hedge funds and large institutions have $25.5M invested in Western Asset Municipal High Income Fund in 2022 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 13

16% more capital invested

Capital invested by funds: $22.1M → $25.5M (+$3.45M)

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

3.24% more ownership

Funds ownership: 14.72%17.95% (+3.2%)

2% more funds holding

Funds holding: 4748 (+1)

Holders
48
Holders Change
+1
Holders Change %
+2.13%
% of All Funds
0.81%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
17
Reduced
13
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
26
LPL Financial
California
$134K +$20.1K +3,000 +17%
WAM
27
Wolverine Asset Management
Illinois
$134K +$138K +20,512 New
QCIG
28
Quad-Cities Investment Group
Iowa
$133K +$136K +20,291 New
NA
29
NewEdge Advisors
Louisiana
$132K -$9.78K -1,456 -7%
Osaic Holdings
30
Osaic Holdings
Arizona
$119K -$16.7K -2,491 -12%
CIA
31
Capital Investment Advisors
Georgia
$113K -$10.1K -1,500 -8%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$105K +$3.48K +518 +3%
SWM
33
Spire Wealth Management
Virginia
$95K +$168 +25 +0.2%
LCM
34
Landscape Capital Management
New Jersey
$93K +$95.1K +14,165 New
QPWM
35
Quadrant Private Wealth Management
Pennsylvania
$88K
FCM
36
Fourpath Capital Management
Oklahoma
$85K +$34 +5 +0%
Susquehanna International Group
37
Susquehanna International Group
Pennsylvania
$71K -$144K -21,385 -67%
Commonwealth Equity Services
38
Commonwealth Equity Services
Massachusetts
$70K -$26.9K -4,000 -27%
SPIA
39
Steward Partners Investment Advisory
New York
$52K +$195 +29 +0.4%
US Bancorp
40
US Bancorp
Minnesota
$31K +$26.9K +4,000 +561%
AF
41
Allworth Financial
California
$22K +$195 +29 +0.9%
PNC Financial Services Group
42
PNC Financial Services Group
Pennsylvania
$14K
EI
43
Ellevest Inc
New York
$14K +$121 +18 +0.8%
Fifth Third Bancorp
44
Fifth Third Bancorp
Ohio
$11K
APA
45
American Portfolios Advisors
New York
$9.86K -$10.1K -1,500 -50%
FIA
46
FNY Investment Advisers
New York
$1K
WAP
47
Wealthcare Advisory Partners
Pennsylvania
-$306K -43,500 Closed
XF
48
XML Financial
Maryland
-$109K -15,499 Closed
UCFA
49
United Capital Financial Advisors
Texas
-$97K -13,816 Closed
Stifel Financial
50
Stifel Financial
Missouri
-$84K -12,000 Closed

MHF Hedge Fund Activity: Q2 2022 in Review

48 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q2 2022, worth a combined $25.5M — up 16% from $22.1M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new MHF positions and 7 closed out — a net gain of 1 holder — while 17 added to existing stakes and 13 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $2.36M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $388K.

  • 48 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q2 2022, up from 47 in Q1 2022.
  • Funds reported $25.5M of Western Asset Municipal High Income Fund stock for Q2 2022, up 16% quarter-over-quarter.
  • 8 funds opened new Western Asset Municipal High Income Fund positions in Q2 2022 and 7 closed out, a net change of +1 holder.
  • The largest Western Asset Municipal High Income Fund buyer in Q2 2022 was Karpus Investment Management, an estimated $2.36M added.
  • The largest Western Asset Municipal High Income Fund seller in Q2 2022 was Raymond James Financial Services Advisors, an estimated $388K sold.

Based on aggregated 13F filings for Q2 2022.