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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
HCM
101
Hollencrest Capital Management
California
$96.9K
US Bancorp
102
US Bancorp
Minnesota
$62.7K +$61.1K +6,000 New
JP Morgan Chase
103
JP Morgan Chase
New York
$55.9K +$52K +5,105 +2,058%
IFAM
104
Institutional & Family Asset Management
Colorado
$50.4K +$6.45K +633 +15%
HNB
105
Huntington National Bank
Ohio
$33.7K
IBOK
106
Independence Bank of Kentucky
Kentucky
$31.4K
FCA
107
FinTrust Capital Advisors
South Carolina
$24.5K
BBPWM
108
Blue Bell Private Wealth Management
Pennsylvania
$23.1K +$22.5K +2,208 New
UB
109
UMB Bank
Missouri
$21.5K -$6.47K -635 -24%
OP
110
ORG Partners
Indiana
$16.8K +$16.6K +1,626 New
BCWM
111
Bartlett & Co Wealth Management
Ohio
$13.8K
GRP
112
Global Retirement Partners
California
$13.8K +$112 +11 +0.8%
PS
113
Principal Securities
Iowa
$13K
GJWM
114
Gilliland Jeter Wealth Management
Arkansas
$12.9K +$12.5K +1,230 New
Northwestern Mutual Wealth Management
115
Northwestern Mutual Wealth Management
Wisconsin
$11.9K -$1.31K -129 -10%
NA
116
NewEdge Advisors
Louisiana
$8.67K
Bessemer Group
117
Bessemer Group
New Jersey
$8K -$2.19K -215 -22%
GWMI
118
Guardian Wealth Management (Illinois)
Illinois
$6.98K
TIM
119
Tortoise Investment Management
New York
$4.78K
SWA
120
SOA Wealth Advisors
New York
$3.15K
FIA
121
FNY Investment Advisers
New York
$4 +$4.07K +400 New
BA
122
Bridgewater Advisors
New York
-$505K -49,677 Closed
AWM
123
AE Wealth Management
Kansas
-$189K -18,960 Closed
Susquehanna International Group
124
Susquehanna International Group
Pennsylvania
-$170K -16,736 Closed
ACA
125
Ackerman Capital Advisors
Texas
-$143K -14,049 Closed

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.