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MHF

Western Asset Municipal High Income Fund

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.

New
Increased
Maintained
Reduced
Closed

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: 3542 (+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%)

Holders
42
Holders Change
+7
Holders Change %
+20%
% of All Funds
0.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
18
Reduced
5
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
1
Raymond James Financial Services Advisors
Florida
$3.31M +$144K +19,174 +4%
Fiera Capital (Canada)
2
Fiera Capital (Canada)
Quebec, Canada
$1.87M +$39.8K +5,284 +2%
Invesco
3
Invesco
Georgia
$1.79M -$41.7K -5,538 -2%
Morgan Stanley
4
Morgan Stanley
New York
$1.54M +$97.7K +12,974 +7%
RJA
5
Raymond James & Associates
Florida
$1.53M +$430K +57,027 +38%
UCFA
6
United Capital Financial Advisors
Texas
$1.46M +$164K +21,836 +12%
Wells Fargo
7
Wells Fargo
California
$1.04M +$75.1K +9,965 +8%
KF
8
Krilogy Financial
Missouri
$752K +$45.8K +6,086 +6%
Bank of America
9
Bank of America
North Carolina
$664K +$70.9K +9,407 +12%
PPA
10
Parametric Portfolio Associates
Washington
$662K -$109K -14,454 -14%
UBS Group
11
UBS Group
Switzerland
$530K -$35.5K -4,710 -6%
BAS
12
Brown Advisory Securities
Maryland
$517K +$13.4K +1,779 +3%
VanEck Associates
13
VanEck Associates
New York
$448K +$3.14K +417 +0.7%
DA
14
Doliver Advisors
Texas
$397K +$404K +53,644 New
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$341K
LCM
16
Landscape Capital Management
New Jersey
$322K +$163K +21,669 +99%
NDSI
17
Newman Dignan & Sheerar Inc
Rhode Island
$294K +$3.02K +401 +1%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$277K +$45.1K +5,987 +19%
AG
19
Advisor Group
Arizona
$210K
CRC
20
Curi RMB Capital
Illinois
$204K +$208K +27,560 New
GHAM
21
Gilman Hill Asset Management
Connecticut
$158K
BRWA
22
B. Riley Wealth Advisors
Florida
$157K
VCM
23
Vivaldi Capital Management
Illinois
$145K +$33.6K +4,460 +30%
LNWWM
24
Laird Norton Wetherby Wealth Management
California
$142K +$10.1K +1,336 +7%
ST
25
Sentinel Trust
Texas
$138K +$140K +18,600 New

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.