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MMU

Western Asset Managed Municipals Fund

121 hedge funds and large institutions have $259M invested in Western Asset Managed Municipals Fund in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 37 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

14% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 37

8% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 13

0% more funds holding

Funds holding: 121121 (0)

3.7% less ownership

Funds ownership: 48.93%45.23% (-3.7%)

5% less capital invested

Capital invested by funds: $273M → $259M (-$14M)

Holders
121
Holders Change
Holders Change %
0%
% of All Funds
1.74%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
14
Increased
42
Reduced
37
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1W
76
1776 Wealth
Georgia
$209K
SWP
77
Stratos Wealth Partners
Ohio
$203K
ASN
78
Advisory Services Network
Georgia
$201K
Comerica Bank
79
Comerica Bank
Texas
$197K +$3.72K +365 +2%
ACP
80
Aviance Capital Partners
Florida
$186K -$18.4K -1,809 -9%
CSPIA
81
Cary Street Partners Investment Advisory
Virginia
$182K
ICMP
82
Integrated Capital Management (Pennsylvania)
Pennsylvania
$182K +$17.7K +1,741 +11%
Nomura Holdings
83
Nomura Holdings
Japan
$176K +$171K +16,810 New
Mercer Global Advisors
84
Mercer Global Advisors
Colorado
$172K -$3.9K -383 -2%
BRWA
85
B. Riley Wealth Advisors
Florida
$170K -$557K -54,665 -74%
SQA
86
Simon Quick Advisors
New Jersey
$155K +$16.4K +1,607 +12%
HI
87
Harbour Investments
Wisconsin
$154K +$1.82K +179 +1%
M&T Bank
88
M&T Bank
New York
$152K -$835 -82 -0.6%
Cambridge Investment Research Advisors
89
Cambridge Investment Research Advisors
Iowa
$144K -$2.05K -201 -1%
VR
90
Valued Retirements
Texas
$141K
DWM
91
Drive Wealth Management
Utah
$128K
SIA
92
Sit Investment Associates
Minnesota
$123K
First Trust Advisors
93
First Trust Advisors
Illinois
$122K -$92.8K -9,110 -44%
AWG
94
Altus Wealth Group
Colorado
$119K -$21.3K -2,090 -16%
TPWA
95
TRUE Private Wealth Advisors
Oregon
$118K
WKWM
96
Walter & Keenan Wealth Management
Indiana
$112K
STA
97
Summit Trail Advisors
New York
$111K -$19.3K -1,892 -15%
KAS
98
Kestra Advisory Services
Texas
$109K -$3.37K -331 -3%
MOS
99
MGO One Seven
Ohio
$107K +$105K +10,287 New
NPFS
100
Novak & Powell Financial Services
Florida
$102K +$98.9K +9,716 New

MMU Hedge Fund Activity: Q1 2024 in Review

121 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q1 2024, worth a combined $259M — down 5.1% from $273M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new MMU positions and 13 closed out — a net gain of 1 holder — while 42 added to existing stakes and 37 trimmed.

The largest buyer was Allianz Asset Management, opening a new position worth an estimated $5.55M. The largest seller was Morgan Stanley, cutting an estimated $24M.

  • 121 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q1 2024, unchanged from Q4 2023.
  • Funds reported $259M of Western Asset Managed Municipals Fund stock for Q1 2024, down 5.1% quarter-over-quarter.
  • 14 funds opened new Western Asset Managed Municipals Fund positions in Q1 2024 and 13 closed out, a net change of +1 holder.
  • The largest Western Asset Managed Municipals Fund buyer in Q1 2024 was Allianz Asset Management, an estimated $5.55M added.
  • The largest Western Asset Managed Municipals Fund seller in Q1 2024 was Morgan Stanley, an estimated $24M sold.

Based on aggregated 13F filings for Q1 2024.