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MMU

Western Asset Managed Municipals Fund

110 hedge funds and large institutions have $234M invested in Western Asset Managed Municipals Fund in 2025 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 40 increasing their positions, 30 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

33% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 30

0.84% less ownership

Funds ownership: 42.36%41.52% (-0.84%)

1% less capital invested

Capital invested by funds: $236M → $234M (-$2.77M)

4% less funds holding

Funds holding: 115110 (-5)

17% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 12

Holders
110
Holders Change
-5
Holders Change %
-4.35%
% of All Funds
1.48%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
10
Increased
40
Reduced
30
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PAS
26
Park Avenue Securities
New York
$1.35M +$23K +2,228 +2%
Osaic Holdings
27
Osaic Holdings
Arizona
$1.28M +$279K +26,934 +28%
SPIA
28
Steward Partners Investment Advisory
New York
$1.21M -$113K -10,919 -8%
MWM
29
Melfa Wealth Management
Massachusetts
$1.12M
Stifel Financial
30
Stifel Financial
Missouri
$985K -$13.3K -1,290 -1%
LPL Financial
31
LPL Financial
California
$963K +$201K +19,397 +26%
N
32
Nuveen
North Carolina
$942K -$325K -31,434 -26%
PFS
33
Prospera Financial Services
Texas
$822K -$96.6K -9,338 -10%
RIL
34
Rothschild Investment LLC
Illinois
$793K
PI
35
PFG Investments
New York
$699K +$108K +10,438 +18%
ITIM
36
Indiana Trust & Investment Management
Indiana
$695K +$10.8K +1,044 +2%
Ameriprise
37
Ameriprise
Minnesota
$686K -$139K -13,471 -17%
CPIG
38
Chicago Partners Investment Group
Illinois
$631K +$5.1K +493 +0.8%
Cohen & Steers
39
Cohen & Steers
New York
$545K -$82.7K -8,000 -13%
Janney Montgomery Scott
40
Janney Montgomery Scott
Pennsylvania
$517K +$206K +19,917 +66%
CL
41
Choreo LLC
Illinois
$508K +$27.4K +2,653 +6%
CA
42
Carson Advisory
Georgia
$505K +$55.2K +5,335 +12%
Commonwealth Equity Services
43
Commonwealth Equity Services
Massachusetts
$490K +$165K +15,990 +51%
GWM
44
Geneos Wealth Management
Colorado
$475K +$436K +42,182 +1,060%
MFWP
45
Mosaic Family Wealth Partners
Missouri
$473K
AF
46
Atala Financial
California
$467K
Lido Advisors
47
Lido Advisors
California
$464K +$4.79K +463 +1%
Mariner
48
Mariner
Kansas
$446K +$164K +15,839 +58%
BHWM
49
Bar Harbor Wealth Management
New Hampshire
$429K
Wealth Enhancement Advisory Services
50
Wealth Enhancement Advisory Services
Minnesota
$428K -$210K -20,280 -33%

MMU Hedge Fund Activity: Q1 2025 in Review

110 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q1 2025, worth a combined $234M — down 1.2% from $236M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of MMU and 10 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 40 added.

The largest buyer was Bank of America, adding an estimated $2.92M. The largest seller was Rivernorth Capital Management, cutting an estimated $7.48M.

  • 110 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q1 2025, down from 115 in Q4 2024.
  • Funds reported $234M of Western Asset Managed Municipals Fund stock for Q1 2025, down 1.2% quarter-over-quarter.
  • 10 funds opened new Western Asset Managed Municipals Fund positions in Q1 2025 and 12 closed out, a net change of -2 holders.
  • The largest Western Asset Managed Municipals Fund buyer in Q1 2025 was Bank of America, an estimated $2.92M added.
  • The largest Western Asset Managed Municipals Fund seller in Q1 2025 was Rivernorth Capital Management, an estimated $7.48M sold.

Based on aggregated 13F filings for Q1 2025.