Western Asset Managed Municipals Fund
MMU
47 hedge funds and large institutions have $56.8M invested in Western Asset Managed Municipals Fund in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 4 closing their positions.
0.17% less ownership
Funds ownership: 10.43% → 10.25% (-0.17%)
2% less funds holding
Funds holding: 48 → 47 (-1)
10% less capital invested
Capital invested by funds: $63M → $56.8M (-$6.21M)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$928K |
| 2 |
Cohen & Steers
New York
|
+$271K |
| 3 |
AF
Affiance Financial
St. Louis Park,
Minnesota
|
+$82.4K |
| 4 |
VanEck Associates
New York
|
+$66.8K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$59.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$834K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$775K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$250K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$236K |
| 5 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
-$184K |
MMU Hedge Fund Activity: Q2 2015 in Review
47 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q2 2015, worth a combined $56.8M — down 9.9% from $63M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MMU and 3 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 10 added.
The largest buyer was Bank of America, adding an estimated $928K. The largest seller was Morgan Stanley, cutting an estimated $834K.
- 47 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q2 2015, down from 48 in Q1 2015.
- Funds reported $56.8M of Western Asset Managed Municipals Fund stock for Q2 2015, down 9.9% quarter-over-quarter.
- 3 funds opened new Western Asset Managed Municipals Fund positions in Q2 2015 and 4 closed out, a net change of -1 holder.
- The largest Western Asset Managed Municipals Fund buyer in Q2 2015 was Bank of America, an estimated $928K added.
- The largest Western Asset Managed Municipals Fund seller in Q2 2015 was Morgan Stanley, an estimated $834K sold.
Based on aggregated 13F filings for Q2 2015.