Western Asset Managed Municipals Fund
MMU
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.
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: 81 → 83 (+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: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $131M → $127M (-$4.55M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$2.55M |
| 2 |
Morgan Stanley
New York
|
+$2.02M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.01M |
| 4 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$1.95M |
| 5 |
PAS
Park Avenue Securities
New York
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Affiance Financial
St. Louis Park,
Minnesota
|
-$1.97M |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$766K |
| 3 |
AP
Americana Partners
Houston,
Texas
|
-$303K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$277K |
| 5 |
EW
Evoke Wealth
Los Angeles,
California
|
-$222K |
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.