Western Asset Municipal High Income Fund
MHF
54 hedge funds and large institutions have $33.8M invested in Western Asset Municipal High Income Fund in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
34% more capital invested
Capital invested by funds: $25.2M → $33.8M (+$8.66M)
15% more funds holding
Funds holding: 47 → 54 (+7)
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
5.52% more ownership
Funds ownership: 18.98% → 24.49% (+5.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.66M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.79M |
| 3 |
Morgan Stanley
New York
|
+$864K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$838K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$427K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$906K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$280K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$190K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$188K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$159K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
51
Global Retirement Partners
San Rafael,
California
| $1.7K | +$1.7K | +266 | New |
|
|
GI
52
Gradient Investments
Arden Hills,
Minnesota
| $45 | – | – | – |
|
|
ME
53
McIlrath & Eck
Arlington,
Washington
| $26 | – | – | – |
|
|
NA
54
NewEdge Advisors
New Orleans,
Louisiana
| $2 | -$87.9K | -13,750 | -98% |
|
|
WAM
55
Wolverine Asset Management
Chicago,
Illinois
| – | -$190K | -30,745 | Closed |
|
56
Rockefeller Capital Management
New York
| – | -$34K | -5,632 | Closed |
|
|
FIA
57
FNY Investment Advisers
New York
| – | -$1K | -200 | Closed |
|
MHF Hedge Fund Activity: Q4 2022 in Review
54 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q4 2022, worth a combined $33.8M — up 34% from $25.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MHF positions and 3 closed out — a net gain of 9 holders — while 16 added to existing stakes and 14 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $3.66M. The largest seller was Baird Financial Group, cutting an estimated $906K.
- 54 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q4 2022, up from 47 in Q3 2022.
- Funds reported $33.8M of Western Asset Municipal High Income Fund stock for Q4 2022, up 34% quarter-over-quarter.
- 12 funds opened new Western Asset Municipal High Income Fund positions in Q4 2022 and 3 closed out, a net change of +9 holders.
- The largest Western Asset Municipal High Income Fund buyer in Q4 2022 was 1607 Capital Partners, an estimated $3.66M added.
- The largest Western Asset Municipal High Income Fund seller in Q4 2022 was Baird Financial Group, an estimated $906K sold.
Based on aggregated 13F filings for Q4 2022.