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MMU

Western Asset Managed Municipals Fund

81 hedge funds and large institutions have $128M invested in Western Asset Managed Municipals Fund in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 30 increasing their positions, 17 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

76% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 17

13% more capital invested

Capital invested by funds: $113M → $128M (+$14.8M)

7% more funds holding

Funds holding: 7681 (+5)

1.59% more ownership

Funds ownership: 20.23%21.82% (+1.6%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
81
Holders Change
+5
Holders Change %
+6.58%
% of All Funds
1.41%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
30
Reduced
17
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
OC
51
Oppenheimer & Co
New York
$225K -$3.85K -288 -2%
LPL Financial
52
LPL Financial
California
$223K +$13.5K +1,005 +7%
Cambridge Investment Research Advisors
53
Cambridge Investment Research Advisors
Iowa
$219K +$94 +7 +0%
RIG
54
Ramiah Investment Group
Wisconsin
$213K +$4.04K +302 +2%
Northwestern Mutual Wealth Management
55
Northwestern Mutual Wealth Management
Wisconsin
$204K +$10.8K +803 +6%
PHS
56
Pekin Hardy Strauss
Illinois
$183K
IFAM
57
Institutional & Family Asset Management
Colorado
$182K +$214 +16 +0.1%
HI
58
Harbour Investments
Wisconsin
$182K +$179K +13,335 +21,861%
SPIA
59
Steward Partners Investment Advisory
New York
$177K -$43.2K -3,226 -20%
CCG
60
Ceeto Capital Group
Florida
$177K
Mercer Global Advisors
61
Mercer Global Advisors
Colorado
$168K +$6.45K +482 +4%
PMG
62
ProVise Management Group
Florida
$146K
ACM
63
Arlington Capital Management
Illinois
$136K +$134K +10,022 New
Citigroup
64
Citigroup
New York
$82K +$21.3K +1,589 +36%
CCC
65
Crescent Capital Consulting
Louisiana
$81K
JFGIW
66
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$79K
OSAM
67
O'Shaughnessy Asset Management
Connecticut
$53K +$52.1K +3,890 New
WT
68
Washington Trust
Rhode Island
$43K
IWP
69
IAG Wealth Partners
Wisconsin
$43K +$42.1K +3,143 New
IBOK
70
Independence Bank of Kentucky
Kentucky
$41K
SSB
71
Sandy Spring Bank
Maryland
$38K +$37.5K +2,803 New
AWM
72
Avondale Wealth Management
Texas
$34K
AF
73
Allworth Financial
California
$32K +$32K +2,392 New
GWM
74
Geneos Wealth Management
Colorado
$23K
Fifth Third Bancorp
75
Fifth Third Bancorp
Ohio
$17K

MMU Hedge Fund Activity: Q2 2021 in Review

81 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q2 2021, worth a combined $128M — up 13% from $113M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new MMU positions and 5 closed out — a net gain of 5 holders — while 30 added to existing stakes and 17 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $6.77M. The largest seller was Robinson Capital Management, cutting an estimated $1.7M.

  • 81 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q2 2021, up from 76 in Q1 2021.
  • Funds reported $128M of Western Asset Managed Municipals Fund stock for Q2 2021, up 13% quarter-over-quarter.
  • 10 funds opened new Western Asset Managed Municipals Fund positions in Q2 2021 and 5 closed out, a net change of +5 holders.
  • The largest Western Asset Managed Municipals Fund buyer in Q2 2021 was Rivernorth Capital Management, an estimated $6.77M added.
  • The largest Western Asset Managed Municipals Fund seller in Q2 2021 was Robinson Capital Management, an estimated $1.7M sold.

Based on aggregated 13F filings for Q2 2021.