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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
CSA
51
Cottage Street Advisors
Massachusetts
$209K
AWM
52
AE Wealth Management
Kansas
$202K +$213K +17,401 New
Cambridge Investment Research Advisors
53
Cambridge Investment Research Advisors
Iowa
$197K +$8.79K +718 +4%
IFAM
54
Institutional & Family Asset Management
Colorado
$192K +$14.5K +1,186 +8%
FAG
55
Fortitude Advisory Group
Washington
$191K +$17.3K +1,410 +9%
OC
56
Oppenheimer & Co
New York
$175K -$16K -1,306 -8%
ICMP
57
Integrated Capital Management (Pennsylvania)
Pennsylvania
$171K +$180K +14,694 New
SPIA
58
Steward Partners Investment Advisory
New York
$165K +$9.79K +800 +6%
Mercer Global Advisors
59
Mercer Global Advisors
Colorado
$147K +$7.25K +592 +5%
SWM
60
Silverlake Wealth Management
Vermont
$142K -$9.42K -770 -6%
CWM
61
CCG Wealth Management
California
$140K +$147K +12,010 New
PMG
62
ProVise Management Group
Florida
$137K
KAS
63
Kestra Advisory Services
Texas
$135K +$685 +56 +0.5%
Janney Montgomery Scott
64
Janney Montgomery Scott
Pennsylvania
$130K
AA
65
AQR Arbitrage
Connecticut
$118K +$124K +10,132 New
PNC Financial Services Group
66
PNC Financial Services Group
Pennsylvania
$102K
BBHC
67
Brown Brothers Harriman & Co
New York
$93K
JFGIW
68
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$67K
BlackRock
69
BlackRock
New York
$41K +$42.8K +3,500 New
IWP
70
IAG Wealth Partners
Wisconsin
$37K
IBOK
71
Independence Bank of Kentucky
Kentucky
$35K
AWM
72
Avondale Wealth Management
Texas
$29K
AF
73
Allworth Financial
California
$29K +$196 +16 +0.7%
GWM
74
Geneos Wealth Management
Colorado
$20K
UB
75
UMB Bank
Missouri
$20K +$14.7K +1,205 +219%

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.