We are live on ! Find out more
MMU

Western Asset Managed Municipals Fund
MMU

76 hedge funds and large institutions have $75.1M invested in Western Asset Managed Municipals Fund in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.66% more ownership

Funds ownership: 13.16% → 14.82% (+1.7%)

0% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 12

1% less capital invested

Capital invested by funds: $76.1M → $75.1M (-$995K)

5% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 19

3% less funds holding

Funds holding: 78 → 76 (-2)

Holders
76
Holders Change
-2
Holders Change %
-2.56%
% of All Funds
1.67%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
12
Increased
18
Reduced
19
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Robinson Capital Management
Michigan
+$5.11M
2
RCM
Rivernorth Capital Management
Florida
+$1.5M
3
Morgan Stanley
Morgan Stanley
New York
+$1.35M
4
KIM
Karpus Investment Management
New York
+$1.05M
5
MIG
Mariner Investment Group
New York
+$846K

Top Sellers

Rank Fund Capital Flow
1
WWM
Western Wealth Management
Colorado
-$1.49M
2
Bank of America
Bank of America
North Carolina
-$1.28M
3
PAG
Private Advisor Group
New Jersey
-$736K
4
LCM
Landscape Capital Management
New Jersey
-$685K
5
ACA
Ackerman Capital Advisors
Texas
-$554K
Name Holding Trade Value Shares
Change 		Change in
Stake
OC
51
Oppenheimer & Co
New York
$160K +$19.8K +1,503 +13%
CCG
52
Ceeto Capital Group
Florida
$156K +$171K +13,000 New
Mercer Global Advisors
53
Mercer Global Advisors
Colorado
$151K – – –
PMG
54
ProVise Management Group
Florida
$138K -$23K -1,750 -13%
BHBT
55
Burke & Herbert Bank & Trust
Virginia
$138K – – –
LPL Financial
56
LPL Financial
California
$137K +$11.1K +848 +8%
PA
57
Parallel Advisors
California
$107K +$118K +8,953 New
BBHC
58
Brown Brothers Harriman & Co
New York
$96K – – –
JFGIW
59
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$69K – – –
TCOV
60
Trust Company of Vermont
Vermont
$60K – – –
Northwestern Mutual Wealth Management
61
Northwestern Mutual Wealth Management
Wisconsin
$39K – – –
IBOK
62
Independence Bank of Kentucky
Kentucky
$36K – – –
AWM
63
Avondale Wealth Management
Texas
$30K – – –
GWM
64
Geneos Wealth Management
Colorado
$20K – – –
FWM
65
FSA Wealth Management
Massachusetts
$19K – – –
TF
66
TimeScale Financial
Massachusetts
$16K – – –
Fifth Third Bancorp
67
Fifth Third Bancorp
Ohio
$15K – – –
Rockefeller Capital Management
68
Rockefeller Capital Management
New York
$15K +$16.4K +1,250 New
MIM
69
Macroview Investment Management
Maryland
$12K -$9.33K -710 -42%
Citigroup
70
Citigroup
New York
$12K – – –
HPC
71
HM Payson & Co
Maine
$12K – – –
AF
72
Advisornet Financial
Minnesota
$8K – – –
HCC
73
Hirtle Callaghan & Co
Pennsylvania
$7K – – –
AIC
74
Ameritas Investment Company
Nebraska
$7K +$7.31K +556 New
PAM
75
Panagora Asset Management
Massachusetts
$5K +$3.48K +265 +159%
1 2
3
4

MMU Hedge Fund Activity: Q1 2020 in Review

76 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q1 2020, worth a combined $75.1M — down 1.3% from $76.1M a quarter earlier.

Fund positioning in MMU was balanced in Q1 2020: 12 funds opened new positions, 12 closed out, 18 added to existing stakes and 19 trimmed.

The largest buyer was Robinson Capital Management, adding an estimated $5.11M. The largest seller was Western Wealth Management, exiting entirely with an estimated $1.49M sold.

  • 76 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q1 2020, down from 78 in Q4 2019.
  • Funds reported $75.1M of Western Asset Managed Municipals Fund stock for Q1 2020, down 1.3% quarter-over-quarter.
  • 12 funds opened new Western Asset Managed Municipals Fund positions in Q1 2020 and 12 closed out, a net change of 0 holders.
  • The largest Western Asset Managed Municipals Fund buyer in Q1 2020 was Robinson Capital Management, an estimated $5.11M added.
  • The largest Western Asset Managed Municipals Fund seller in Q1 2020 was Western Wealth Management, an estimated $1.49M sold.

Based on aggregated 13F filings for Q1 2020.