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MMU

Western Asset Managed Municipals Fund

117 hedge funds and large institutions have $250M invested in Western Asset Managed Municipals Fund in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 45 increasing their positions, 32 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 32

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3% less capital invested

Capital invested by funds: $259M → $250M (-$8.57M)

1.13% less ownership

Funds ownership: 45.23%44.1% (-1.1%)

3% less funds holding

Funds holding: 121117 (-4)

27% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 15

Holders
117
Holders Change
-4
Holders Change %
-3.31%
% of All Funds
1.69%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
11
Increased
45
Reduced
32
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WAM
101
Wolverine Asset Management
Illinois
$46.3K +$45.3K +4,476 New
JFGIW
102
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$44.7K +$43.5K +4,300 New
PS
103
Principal Securities
Iowa
$44K +$30.4K +3,000 +241%
HNB
104
Huntington National Bank
Ohio
$33.4K
IBOK
105
Independence Bank of Kentucky
Kentucky
$31.1K
FCA
106
FinTrust Capital Advisors
South Carolina
$24.3K
OP
107
ORG Partners
Indiana
$16.6K
GRP
108
Global Retirement Partners
California
$13.9K +$213 +21 +2%
BCWM
109
Bartlett & Co Wealth Management
Ohio
$13.7K
UB
110
UMB Bank
Missouri
$13.6K -$7.54K -745 -36%
GJWM
111
Gilliland Jeter Wealth Management
Arkansas
$12.7K
NA
112
NewEdge Advisors
Louisiana
$8.59K
CFB
113
Cullen/Frost Bankers
Texas
$7.42K +$7.26K +717 New
Bessemer Group
114
Bessemer Group
New Jersey
$7K -$415 -41 -5%
GWMI
115
Guardian Wealth Management (Illinois)
Illinois
$6.91K
TIM
116
Tortoise Investment Management
New York
$4.73K
SWA
117
SOA Wealth Advisors
New York
$3.12K
AAM
118
Advisors Asset Management
Colorado
-$613K -58,635 Closed
AFS
119
Access Financial Services
Minnesota
-$363K -34,771 Closed
IAA
120
Ironsides Asset Advisors
North Carolina
-$217K -20,803 Closed
1W
121
1776 Wealth
Georgia
-$209K -20,000 Closed
SWP
122
Stratos Wealth Partners
Ohio
-$203K -19,456 Closed
SQA
123
Simon Quick Advisors
New Jersey
-$155K -14,805 Closed
VR
124
Valued Retirements
Texas
-$141K -13,531 Closed
DWM
125
Drive Wealth Management
Utah
-$128K -12,232 Closed

MMU Hedge Fund Activity: Q2 2024 in Review

117 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q2 2024, worth a combined $250M — down 3.3% from $259M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of MMU and 11 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 45 added.

The largest buyer was Morgan Stanley, adding an estimated $1.97M. The largest seller was Saba Capital Management, cutting an estimated $3.51M.

  • 117 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q2 2024, down from 121 in Q1 2024.
  • Funds reported $250M of Western Asset Managed Municipals Fund stock for Q2 2024, down 3.3% quarter-over-quarter.
  • 11 funds opened new Western Asset Managed Municipals Fund positions in Q2 2024 and 15 closed out, a net change of -4 holders.
  • The largest Western Asset Managed Municipals Fund buyer in Q2 2024 was Morgan Stanley, an estimated $1.97M added.
  • The largest Western Asset Managed Municipals Fund seller in Q2 2024 was Saba Capital Management, an estimated $3.51M sold.

Based on aggregated 13F filings for Q2 2024.