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MHF

Western Asset Municipal High Income Fund

37 hedge funds and large institutions have $13.7M invested in Western Asset Municipal High Income Fund in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

10% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 10

3% more funds holding

Funds holding: 3637 (+1)

0.87% less ownership

Funds ownership: 9.71%8.83% (-0.87%)

16% less capital invested

Capital invested by funds: $16.4M → $13.7M (-$2.69M)

Holders
37
Holders Change
+1
Holders Change %
+2.78%
% of All Funds
1%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
11
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
$3.53M -$241K -31,598 -6%
UBS Group
2
UBS Group
Switzerland
$1.35M -$102K -13,349 -7%
Morgan Stanley
3
Morgan Stanley
New York
$1.33M -$182K -23,825 -11%
RJA
4
Raymond James & Associates
Florida
$989K -$17.5K -2,297 -2%
GC
5
Guggenheim Capital
Illinois
$746K -$854K -112,030 -52%
LPL Financial
6
LPL Financial
California
$581K +$8.67K +1,138 +1%
CIA
7
Capital Investment Advisors
Georgia
$528K
UCFA
8
United Capital Financial Advisors
Texas
$457K +$79.1K +10,383 +19%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$457K +$121K +15,944 +33%
Bank of America
10
Bank of America
North Carolina
$428K -$33.3K -4,375 -7%
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$342K +$29.9K +3,927 +9%
BAS
12
Brown Advisory Securities
Maryland
$320K +$89.9K +11,800 +36%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$294K +$20.6K +2,700 +7%
Wells Fargo
14
Wells Fargo
California
$293K -$75.2K -9,873 -19%
LCM
15
Landscape Capital Management
New Jersey
$218K +$232K +30,473 New
CRC
16
Curi RMB Capital
Illinois
$207K +$220K +28,907 New
WS
17
Wedbush Securities
California
$198K +$2.4K +315 +1%
GHAM
18
Gilman Hill Asset Management
Connecticut
$179K
VanEck Associates
19
VanEck Associates
New York
$162K -$12.8K -1,682 -7%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$137K +$1.65K +216 +1%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$135K +$143K +18,827 New
GEM
22
Global Endowment Management
North Carolina
$128K
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
$115K
SPC
24
Sigma Planning Corp
Michigan
$108K +$457 +60 +0.4%
AIG
25
American International Group
New York
$96K

MHF Hedge Fund Activity: Q2 2015 in Review

37 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q2 2015, worth a combined $13.7M — down 16% from $16.4M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new MHF positions and 2 closed out — a net gain of 2 holders — while 11 added to existing stakes and 10 trimmed.

The largest buyer was Landscape Capital Management, opening a new position worth an estimated $232K. The largest seller was Guggenheim Capital, cutting an estimated $854K.

  • 37 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q2 2015, up from 36 in Q1 2015.
  • Funds reported $13.7M of Western Asset Municipal High Income Fund stock for Q2 2015, down 16% quarter-over-quarter.
  • 4 funds opened new Western Asset Municipal High Income Fund positions in Q2 2015 and 2 closed out, a net change of +2 holders.
  • The largest Western Asset Municipal High Income Fund buyer in Q2 2015 was Landscape Capital Management, an estimated $232K added.
  • The largest Western Asset Municipal High Income Fund seller in Q2 2015 was Guggenheim Capital, an estimated $854K sold.

Based on aggregated 13F filings for Q2 2015.