Western Asset Municipal High Income Fund
MHF
49 hedge funds and large institutions have $47.9M invested in Western Asset Municipal High Income Fund in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 8 closing their positions.
4% less capital invested
Capital invested by funds: $49.9M → $47.9M (-$2M)
3.31% less ownership
Funds ownership: 35.88% → 32.57% (-3.3%)
8% less funds holding
Funds holding: 53 → 49 (-4)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$787K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$575K |
| 3 |
OP
ORG Partners
Roanoke,
Indiana
|
+$447K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$367K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$318K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.77M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.85M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$422K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$289K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$171K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CRC
51
Curi RMB Capital
Chicago,
Illinois
| – | -$289K | -45,000 | Closed |
|
|
WAM
52
Wolverine Asset Management
Chicago,
Illinois
| – | -$171K | -26,563 | Closed |
|
53
First Trust Advisors
Wheaton,
Illinois
| – | -$117K | -18,186 | Closed |
|
|
VF
54
Virtu Financial
New York
| – | -$108K | -16,763 | Closed |
|
|
DWM
55
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$104K | -16,272 | Closed |
|
|
CIA
56
Concurrent Investment Advisors
Tampa,
Florida
| – | -$76K | -11,836 | Closed |
|
|
CIA
57
Capital Investment Advisors
Atlanta,
Georgia
| – | -$68.4K | -10,649 | Closed |
|
MHF Hedge Fund Activity: Q1 2024 in Review
49 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q1 2024, worth a combined $47.9M — down 4% from $49.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MHF and 5 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 13 added.
The largest buyer was Bank of America, adding an estimated $787K. The largest seller was Morgan Stanley, cutting an estimated $3.77M.
- 49 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q1 2024, down from 53 in Q4 2023.
- Funds reported $47.9M of Western Asset Municipal High Income Fund stock for Q1 2024, down 4% quarter-over-quarter.
- 5 funds opened new Western Asset Municipal High Income Fund positions in Q1 2024 and 8 closed out, a net change of -3 holders.
- The largest Western Asset Municipal High Income Fund buyer in Q1 2024 was Bank of America, an estimated $787K added.
- The largest Western Asset Municipal High Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $3.77M sold.
Based on aggregated 13F filings for Q1 2024.