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MHF

Western Asset Municipal High Income Fund

46 hedge funds and large institutions have $41.4M invested in Western Asset Municipal High Income Fund in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 14

6% more capital invested

Capital invested by funds: $38.9M → $41.4M (+$2.49M)

2.25% more ownership

Funds ownership: 26.93%29.18% (+2.3%)

6% less funds holding

Funds holding: 4946 (-3)

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

Holders
46
Holders Change
-3
Holders Change %
-6.12%
% of All Funds
0.72%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
18
Reduced
14
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
26
LPL Financial
California
$197K
BIM
27
Bridgecreek Investment Management
Oklahoma
$197K
First Trust Advisors
28
First Trust Advisors
Illinois
$179K -$24.4K -3,783 -12%
RIG
29
Ramiah Investment Group
Wisconsin
$157K -$4.79K -741 -3%
UBS Group
30
UBS Group
Switzerland
$146K -$21.3K -3,302 -13%
FAG
31
Fortitude Advisory Group
Washington
$145K
Susquehanna International Group
32
Susquehanna International Group
Pennsylvania
$97.4K -$53.4K -8,271 -36%
AWS
33
Atria Wealth Solutions
New York
$82.5K
Northwestern Mutual Wealth Management
34
Northwestern Mutual Wealth Management
Wisconsin
$75.5K +$52 +8 +0.1%
CIA
35
Capital Investment Advisors
Georgia
$69.8K
SPIA
36
Steward Partners Investment Advisory
New York
$68.5K -$465 -72 -0.7%
PNC Financial Services Group
37
PNC Financial Services Group
Pennsylvania
$37.3K
AF
38
Allworth Financial
California
$22.9K +$207 +32 +0.9%
TJHA
39
Thomas J. Herzfeld Advisors
Florida
$16.5K -$2.39K -370 -13%
Carson Wealth (CWM LLC)
40
Carson Wealth (CWM LLC)
Nebraska
$10K +$84 +13 +0.9%
JP Morgan Chase
41
JP Morgan Chase
New York
$8.16K -$28.2K -4,364 -78%
US Bancorp
42
US Bancorp
Minnesota
$4.67K
NA
43
NewEdge Advisors
Louisiana
$1.89K
GRP
44
Global Retirement Partners
California
$1.77K +$6 +1 +0.4%
FIA
45
FNY Investment Advisers
New York
$1K
ME
46
McIlrath & Eck
Washington
$26
KIM
47
Karpus Investment Management
New York
-$3.31M -496,709 Closed
LSC
48
Logan Stone Capital
Illinois
-$401K -60,129 Closed
SWM
49
Spire Wealth Management
Virginia
-$28.9K -4,327 Closed
IAIM
50
International Assets Investment Management
Florida
-$27.1K -4,067 Closed

MHF Hedge Fund Activity: Q2 2023 in Review

46 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q2 2023, worth a combined $41.4M — up 6.4% from $38.9M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of MHF and 2 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 18 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $2.08M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $3.31M sold.

  • 46 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q2 2023, down from 49 in Q1 2023.
  • Funds reported $41.4M of Western Asset Municipal High Income Fund stock for Q2 2023, up 6.4% quarter-over-quarter.
  • 2 funds opened new Western Asset Municipal High Income Fund positions in Q2 2023 and 5 closed out, a net change of -3 holders.
  • The largest Western Asset Municipal High Income Fund buyer in Q2 2023 was Rivernorth Capital Management, an estimated $2.08M added.
  • The largest Western Asset Municipal High Income Fund seller in Q2 2023 was Karpus Investment Management, an estimated $3.31M sold.

Based on aggregated 13F filings for Q2 2023.