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MMU

Western Asset Managed Municipals Fund

93 hedge funds and large institutions have $144M invested in Western Asset Managed Municipals Fund in 2022 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 33 increasing their positions, 25 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

43% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 14

32% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 25

19% more capital invested

Capital invested by funds: $121M → $144M (+$23M)

4% more funds holding

Funds holding: 8993 (+4)

4.13% more ownership

Funds ownership: 28.83%32.96% (+4.1%)

Holders
93
Holders Change
+4
Holders Change %
+4.49%
% of All Funds
1.49%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
20
Increased
33
Reduced
25
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BHWM
51
Bar Harbor Wealth Management
New Hampshire
$191K +$187K +18,922 New
WKWM
52
Walter & Keenan Wealth Management
Indiana
$189K -$26.8K -2,700 -13%
LCM
53
Landscape Capital Management
New Jersey
$186K +$39.7K +4,002 +28%
SWP
54
Stratos Wealth Partners
Ohio
$186K
AWM
55
AE Wealth Management
Kansas
$185K
AP
56
Americana Partners
Texas
$184K -$150K -15,175 -45%
M&T Bank
57
M&T Bank
New York
$183K -$119K -12,053 -40%
Mercer Global Advisors
58
Mercer Global Advisors
Colorado
$176K -$14.3K -1,446 -8%
VF
59
Virtu Financial
New York
$168K +$165K +16,684 New
FAG
60
Fortitude Advisory Group
Washington
$166K
DWM
61
Dakota Wealth Management
Florida
$153K +$150K +15,147 New
OC
62
Oppenheimer & Co
New York
$152K +$109 +11 +0.1%
RIG
63
Ramiah Investment Group
Wisconsin
$152K +$149K +15,047 New
SPIA
64
Steward Partners Investment Advisory
New York
$151K -$59.4K -5,998 -29%
WFA
65
Wellspring Financial Advisors
Ohio
$150K +$148K +14,900 New
Mariner
66
Mariner
Kansas
$150K +$44.3K +4,471 +43%
ICMP
67
Integrated Capital Management (Pennsylvania)
Pennsylvania
$144K -$8.52K -860 -6%
HI
68
Harbour Investments
Wisconsin
$141K +$3.08K +311 +2%
SWM
69
SeaCrest Wealth Management
New York
$139K -$105K -10,600 -43%
Susquehanna International Group
70
Susquehanna International Group
Pennsylvania
$138K +$136K +13,685 New
SWM
71
Silverlake Wealth Management
Vermont
$123K
KMWM
72
Keudell/Morrison Wealth Management
Oregon
$123K -$16.4K -1,650 -12%
IAA
73
Ironsides Asset Advisors
North Carolina
$109K +$107K +10,827 New
PMG
74
ProVise Management Group
Florida
$107K -$11.9K -1,200 -10%
MOS
75
MGO One Seven
Ohio
$106K +$104K +10,527 New

MMU Hedge Fund Activity: Q4 2022 in Review

93 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q4 2022, worth a combined $144M — up 19% from $121M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new MMU positions and 14 closed out — a net gain of 6 holders — while 33 added to existing stakes and 25 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $13.8M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $3.28M sold.

  • 93 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q4 2022, up from 89 in Q3 2022.
  • Funds reported $144M of Western Asset Managed Municipals Fund stock for Q4 2022, up 19% quarter-over-quarter.
  • 20 funds opened new Western Asset Managed Municipals Fund positions in Q4 2022 and 14 closed out, a net change of +6 holders.
  • The largest Western Asset Managed Municipals Fund buyer in Q4 2022 was Karpus Investment Management, an estimated $13.8M added.
  • The largest Western Asset Managed Municipals Fund seller in Q4 2022 was Fiera Capital (Canada), an estimated $3.28M sold.

Based on aggregated 13F filings for Q4 2022.