Western Asset Managed Municipals Fund
MMU
49 hedge funds and large institutions have $60.8M invested in Western Asset Managed Municipals Fund in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
4% more funds holding
Funds holding: 47 → 49 (+2)
5% more capital invested
Capital invested by funds: $58.1M → $60.8M (+$2.74M)
0.05% more ownership
Funds ownership: 10.47% → 10.52% (+0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
+$1.89M |
| 2 |
SG Americas Securities
New York
|
+$320K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$256K |
| 4 |
OC
Oppenheimer & Co
New York
|
+$218K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$207K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.38M |
| 2 |
Morgan Stanley
New York
|
-$784K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$612K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$288K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$155K |
MMU Hedge Fund Activity: Q4 2014 in Review
49 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q4 2014, worth a combined $60.8M — up 4.7% from $58.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MMU positions and 4 closed out — a net gain of 4 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Macroview Investment Management, opening a new position worth an estimated $1.89M. The largest seller was Guggenheim Capital, cutting an estimated $1.38M.
- 49 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q4 2014, up from 47 in Q3 2014.
- Funds reported $60.8M of Western Asset Managed Municipals Fund stock for Q4 2014, up 4.7% quarter-over-quarter.
- 8 funds opened new Western Asset Managed Municipals Fund positions in Q4 2014 and 4 closed out, a net change of +4 holders.
- The largest Western Asset Managed Municipals Fund buyer in Q4 2014 was Macroview Investment Management, an estimated $1.89M added.
- The largest Western Asset Managed Municipals Fund seller in Q4 2014 was Guggenheim Capital, an estimated $1.38M sold.
Based on aggregated 13F filings for Q4 2014.