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MHF

Western Asset Municipal High Income Fund

49 hedge funds and large institutions have $42.9M invested in Western Asset Municipal High Income Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 4949 (0)

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

3.35% less ownership

Funds ownership: 32.57%29.21% (-3.4%)

10% less capital invested

Capital invested by funds: $47.9M → $42.9M (-$4.98M)

12% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 17

Holders
49
Holders Change
Holders Change %
0%
% of All Funds
0.71%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
15
Reduced
17
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$6.17M -$420K -62,131 -6%
1CP
2
1607 Capital Partners
Virginia
$5.82M -$352K -52,112 -6%
TIM
3
Tortoise Investment Management
New York
$4.62M -$2.2M -325,392 -32%
Bank of America
4
Bank of America
North Carolina
$3.6M -$940K -139,032 -21%
Morgan Stanley
5
Morgan Stanley
New York
$3.39M -$208K -30,827 -6%
GC
6
Guggenheim Capital
Illinois
$3.17M -$209K -30,886 -6%
RJA
7
Raymond James & Associates
Florida
$2.82M +$151K +22,380 +6%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$2.04M +$446K +65,918 +28%
RCM
9
Robinson Capital Management
Michigan
$1.18M -$624K -92,312 -35%
HWAM
10
Hennion & Walsh Asset Management
New Jersey
$853K -$5.25K -777 -0.6%
HighTower Advisors
11
HighTower Advisors
Illinois
$831K +$692K +102,351 +505%
Rockefeller Capital Management
12
Rockefeller Capital Management
New York
$797K +$30.4K +4,500 +4%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$699K -$31.2K -4,613 -4%
PFS
14
Prospera Financial Services
Texas
$607K +$209K +30,944 +53%
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$575K +$3.5K +518 +0.6%
OP
16
ORG Partners
Indiana
$472K +$7.16K +1,059 +2%
Wells Fargo
17
Wells Fargo
California
$468K -$192K -28,423 -29%
MWM
18
Melfa Wealth Management
Massachusetts
$429K +$764 +113 +0.2%
UBS Group
19
UBS Group
Switzerland
$353K +$251K +37,124 +247%
Invesco
20
Invesco
Georgia
$304K -$170K -25,128 -36%
QCIG
21
Quad-Cities Investment Group
Iowa
$296K +$3.41K +505 +1%
GCP
22
Gill Capital Partners
Colorado
$274K
Truist Financial
23
Truist Financial
North Carolina
$268K -$771K -114,029 -74%
LPL Financial
24
LPL Financial
California
$240K -$33.8K -5,000 -12%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$233K +$36K +5,331 +18%

MHF Hedge Fund Activity: Q2 2024 in Review

49 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal High Income Fund (MHF) for Q2 2024, worth a combined $42.9M — down 10% from $47.9M a quarter earlier.

Fund positioning in MHF was balanced in Q2 2024: 6 funds opened new positions, 6 closed out, 15 added to existing stakes and 17 trimmed.

The largest buyer was HighTower Advisors, adding an estimated $692K. The largest seller was Tortoise Investment Management, cutting an estimated $2.2M.

  • 49 institutional investors held Western Asset Municipal High Income Fund (MHF) as of Q2 2024, unchanged from Q1 2024.
  • Funds reported $42.9M of Western Asset Municipal High Income Fund stock for Q2 2024, down 10% quarter-over-quarter.
  • 6 funds opened new Western Asset Municipal High Income Fund positions in Q2 2024 and 6 closed out, a net change of 0 holders.
  • The largest Western Asset Municipal High Income Fund buyer in Q2 2024 was HighTower Advisors, an estimated $692K added.
  • The largest Western Asset Municipal High Income Fund seller in Q2 2024 was Tortoise Investment Management, an estimated $2.2M sold.

Based on aggregated 13F filings for Q2 2024.