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MMU

Western Asset Managed Municipals Fund

83 hedge funds and large institutions have $127M invested in Western Asset Managed Municipals Fund in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 14 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 14

67% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 9

2% more funds holding

Funds holding: 8183 (+2)

2.07% more ownership

Funds ownership: 23.17%25.24% (+2.1%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $131M → $127M (-$4.55M)

Holders
83
Holders Change
+2
Holders Change %
+2.47%
% of All Funds
1.31%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
33
Reduced
14
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
26
Raymond James & Associates
Florida
$835K +$19.2K +1,570 +2%
H6H
27
Hightower 6M Holding
Kansas
$697K +$735K +60,018 New
LPL Financial
28
LPL Financial
California
$662K +$194K +15,822 +38%
CPIG
29
Chicago Partners Investment Group
Illinois
$603K -$138K -11,259 -16%
BW
30
Bison Wealth
Georgia
$512K +$158K +12,926 +42%
CAN
31
Cetera Advisor Networks
California
$507K +$15.8K +1,289 +3%
AMC
32
Asset Management Corp
Illinois
$484K -$35.9K -2,932 -7%
BA
33
Bridgewater Advisors
New York
$458K -$22.6K -1,845 -4%
PWS
34
Private Wealth Strategies
Ohio
$448K +$3.06K +250 +0.7%
MML Investors Services
35
MML Investors Services
Massachusetts
$417K -$98.1K -8,019 -18%
SWP
36
Stratos Wealth Partners
Ohio
$416K +$439K +35,838 New
Stifel Financial
37
Stifel Financial
Missouri
$358K +$15.7K +1,279 +4%
PFT
38
Providence First Trust
Arizona
$356K
COLIM
39
City of London Investment Management
United Kingdom
$355K
HCM
40
Hollencrest Capital Management
California
$331K
AP
41
Americana Partners
Texas
$318K -$303K -24,775 -47%
BSW
42
Buckingham Strategic Wealth
Missouri
$308K
SWM
43
SeaCrest Wealth Management
New York
$283K
AWG
44
Altus Wealth Group
Colorado
$258K
Commonwealth Equity Services
45
Commonwealth Equity Services
Massachusetts
$257K -$29.6K -2,415 -10%
WKWM
46
Walter & Keenan Wealth Management
Indiana
$250K +$44.1K +3,600 +20%
APA
47
American Portfolios Advisors
New York
$236K +$14K +1,142 +6%
1W
48
1776 Wealth
Georgia
$232K
M&T Bank
49
M&T Bank
New York
$232K +$244K +19,903 New
BHWM
50
Bar Harbor Wealth Management
New Hampshire
$211K

MMU Hedge Fund Activity: Q1 2022 in Review

83 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q1 2022, worth a combined $127M — down 3.5% from $131M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new MMU positions and 9 closed out — a net gain of 6 holders — while 33 added to existing stakes and 14 trimmed.

The largest buyer was Fiera Capital (Canada), adding an estimated $2.55M. The largest seller was Affiance Financial, exiting entirely with an estimated $1.97M sold.

  • 83 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q1 2022, up from 81 in Q4 2021.
  • Funds reported $127M of Western Asset Managed Municipals Fund stock for Q1 2022, down 3.5% quarter-over-quarter.
  • 15 funds opened new Western Asset Managed Municipals Fund positions in Q1 2022 and 9 closed out, a net change of +6 holders.
  • The largest Western Asset Managed Municipals Fund buyer in Q1 2022 was Fiera Capital (Canada), an estimated $2.55M added.
  • The largest Western Asset Managed Municipals Fund seller in Q1 2022 was Affiance Financial, an estimated $1.97M sold.

Based on aggregated 13F filings for Q1 2022.