Western Asset Municipal High Income Fund
MHF
42 hedge funds and large institutions have $19.8M invested in Western Asset Municipal High Income Fund in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 5 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
260% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 5
20% more funds holding
Funds holding: 35 → 42 (+7)
7% more capital invested
Capital invested by funds: $18.6M → $19.8M (+$1.22M)
1.28% more ownership
Funds ownership: 11.11% → 12.39% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$430K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$404K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$208K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$164K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$166K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$109K |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$55.1K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$41.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$35.5K |
MHF Hedge Fund Activity: Q4 2017 in Review
42 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q4 2017, worth a combined $19.8M — up 6.5% from $18.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MHF positions and 2 closed out — a net gain of 7 holders — while 18 added to existing stakes and 5 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $430K. The largest seller was LPL Financial, exiting entirely with an estimated $166K sold.
- 42 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q4 2017, up from 35 in Q3 2017.
- Funds reported $19.8M of Western Asset Municipal High Income Fund stock for Q4 2017, up 6.5% quarter-over-quarter.
- 9 funds opened new Western Asset Municipal High Income Fund positions in Q4 2017 and 2 closed out, a net change of +7 holders.
- The largest Western Asset Municipal High Income Fund buyer in Q4 2017 was Raymond James & Associates, an estimated $430K added.
- The largest Western Asset Municipal High Income Fund seller in Q4 2017 was LPL Financial, an estimated $166K sold.
Based on aggregated 13F filings for Q4 2017.