Western Asset Municipal High Income Fund
MHF
53 hedge funds and large institutions have $49.9M invested in Western Asset Municipal High Income Fund in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
19% more capital invested
Capital invested by funds: $41.8M → $49.9M (+$8.04M)
13% more funds holding
Funds holding: 47 → 53 (+6)
4.15% more ownership
Funds ownership: 31.72% → 35.88% (+4.2%)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.33M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$1.37M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$409K |
| 4 |
Rockefeller Capital Management
New York
|
+$340K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$324K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
ORG Partners
Roanoke,
Indiana
|
-$393K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$319K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$316K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$278K |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
-$233K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| $4.58K | – | – | – |
|
|
NA
52
NewEdge Advisors
New Orleans,
Louisiana
| $1.85K | – | – | – |
|
|
ME
53
McIlrath & Eck
Arlington,
Washington
| $26 | – | – | – |
|
|
OP
54
ORG Partners
Roanoke,
Indiana
| – | -$393K | -64,528 | Closed |
|
|
TJHA
55
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$319K | -52,358 | Closed |
|
|
WP
56
Woodline Partners
San Francisco,
California
| – | -$233K | -38,242 | Closed |
|
57
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$138K | -22,723 | Closed |
|
|
RIG
58
Ramiah Investment Group
Brookfield,
Wisconsin
| – | -$126K | -20,649 | Closed |
|
|
AWS
59
Atria Wealth Solutions
New York
| – | -$76.7K | -12,600 | Closed |
|
|
WAP
60
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$66.1K | -10,850 | Closed |
|
61
JP Morgan Chase
New York
| – | -$20.6K | -3,387 | Closed |
|
|
GRP
62
Global Retirement Partners
San Rafael,
California
| – | -$1.68K | -274 | Closed |
|
|
FIA
63
FNY Investment Advisers
New York
| – | -$1K | -200 | Closed |
|
64
Fidelity Investments
Boston,
Massachusetts
| – | -$6 | -1 | Closed |
|
MHF Hedge Fund Activity: Q4 2023 in Review
53 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q4 2023, worth a combined $49.9M — up 19% from $41.8M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MHF positions and 11 closed out — a net gain of 6 holders — while 13 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.33M. The largest seller was ORG Partners, exiting entirely with an estimated $393K sold.
- 53 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q4 2023, up from 47 in Q3 2023.
- Funds reported $49.9M of Western Asset Municipal High Income Fund stock for Q4 2023, up 19% quarter-over-quarter.
- 17 funds opened new Western Asset Municipal High Income Fund positions in Q4 2023 and 11 closed out, a net change of +6 holders.
- The largest Western Asset Municipal High Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $3.33M added.
- The largest Western Asset Municipal High Income Fund seller in Q4 2023 was ORG Partners, an estimated $393K sold.
Based on aggregated 13F filings for Q4 2023.