Western Asset Managed Municipals Fund
MMU
68 hedge funds and large institutions have $70.6M invested in Western Asset Managed Municipals Fund in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 13 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
3% more capital invested
Capital invested by funds: $68.8M → $70.6M (+$1.79M)
0.14% less ownership
Funds ownership: 12.55% → 12.41% (-0.14%)
4% less funds holding
Funds holding: 71 → 68 (-3)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
Top Buyers
Top Sellers
MMU Hedge Fund Activity: Q1 2019 in Review
68 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q1 2019, worth a combined $70.6M — up 2.6% from $68.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of MMU and 11 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 19 added.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $786K. The largest seller was Fiera Capital (Canada), cutting an estimated $2.51M.
- 68 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q1 2019, down from 71 in Q4 2018.
- Funds reported $70.6M of Western Asset Managed Municipals Fund stock for Q1 2019, up 2.6% quarter-over-quarter.
- 11 funds opened new Western Asset Managed Municipals Fund positions in Q1 2019 and 13 closed out, a net change of -2 holders.
- The largest Western Asset Managed Municipals Fund buyer in Q1 2019 was City of London Investment Management, an estimated $786K added.
- The largest Western Asset Managed Municipals Fund seller in Q1 2019 was Fiera Capital (Canada), an estimated $2.51M sold.
Based on aggregated 13F filings for Q1 2019.