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MHF

Western Asset Municipal High Income Fund

44 hedge funds and large institutions have $18M invested in Western Asset Municipal High Income Fund in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 10

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

2% more funds holding

Funds holding: 4344 (+1)

0.17% more ownership

Funds ownership: 11.3%11.48% (+0.17%)

0% less capital invested

Capital invested by funds: $18M → $18M (-$14K)

Holders
44
Holders Change
+1
Holders Change %
+2.33%
% of All Funds
1.28%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
18
Reduced
10
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$4.21M +$575K +77,515 +15%
GC
2
Guggenheim Capital
Illinois
$2M -$120K -16,195 -6%
Morgan Stanley
3
Morgan Stanley
New York
$1.64M +$51.4K +6,929 +3%
U
4
UBS
Switzerland
$1.5M +$78K +10,510 +5%
RJA
5
Raymond James & Associates
Florida
$896K -$44.3K -5,964 -5%
FFA
6
Fragasso Financial Advisors
Pennsylvania
$630K
LPL Financial
7
LPL Financial
California
$600K +$2.04K +275 +0.3%
Invesco
8
Invesco
Georgia
$548K -$414K -55,769 -43%
Bank of America
9
Bank of America
North Carolina
$545K +$64.5K +8,685 +13%
CIA
10
Capital Investment Advisors
Georgia
$535K -$16.7K -2,250 -3%
Wells Fargo
11
Wells Fargo
California
$452K -$9.32K -1,256 -2%
Goldman Sachs
12
Goldman Sachs
New York
$437K +$28.1K +3,788 +7%
MFS
13
MSI Financial Services
Massachusetts
$347K +$3.81K +514 +1%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$343K +$50.6K +6,820 +17%
AQR Capital Management
15
AQR Capital Management
Connecticut
$240K -$121K -16,264 -33%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$239K +$571 +77 +0.2%
UCFA
17
United Capital Financial Advisors
Texas
$216K +$221K +29,712 New
LCM
18
Landscape Capital Management
New Jersey
$204K +$60.5K +8,151 +41%
GHAM
19
Gilman Hill Asset Management
Connecticut
$200K
PPA
20
Parametric Portfolio Associates
Washington
$198K -$72.3K -9,748 -26%
WS
21
Wedbush Securities
California
$194K +$2.41K +325 +1%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$194K +$46.9K +6,318 +31%
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
$152K
First Trust Advisors
24
First Trust Advisors
Illinois
$149K +$10.2K +1,372 +7%
BAS
25
Brown Advisory Securities
Maryland
$148K +$18.6K +2,510 +14%

MHF Hedge Fund Activity: Q3 2014 in Review

44 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q3 2014, worth a combined $18M — down 0.08% from $18M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new MHF positions and 2 closed out — a net gain of 1 holder — while 18 added to existing stakes and 10 trimmed.

The largest buyer was Advisors Asset Management, adding an estimated $575K. The largest seller was Invesco, cutting an estimated $414K.

  • 44 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q3 2014, up from 43 in Q2 2014.
  • Funds reported $18M of Western Asset Municipal High Income Fund stock for Q3 2014, down 0.08% quarter-over-quarter.
  • 3 funds opened new Western Asset Municipal High Income Fund positions in Q3 2014 and 2 closed out, a net change of +1 holder.
  • The largest Western Asset Municipal High Income Fund buyer in Q3 2014 was Advisors Asset Management, an estimated $575K added.
  • The largest Western Asset Municipal High Income Fund seller in Q3 2014 was Invesco, an estimated $414K sold.

Based on aggregated 13F filings for Q3 2014.