Western Asset Managed Municipals Fund
MMU
68 hedge funds and large institutions have $70.8M invested in Western Asset Managed Municipals Fund in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 13 reducing their positions, and 9 closing their positions.
77% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 13
0% more capital invested
Capital invested by funds: $70.6M → $70.8M (+$162K)
0% more funds holding
Funds holding: 68 → 68 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
0.48% less ownership
Funds ownership: 12.41% → 11.93% (-0.48%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$2.84M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$733K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$694K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$318K |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
+$305K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$6.63M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$534K |
| 3 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$388K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$380K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$267K |
MMU Hedge Fund Activity: Q2 2019 in Review
68 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q2 2019, worth a combined $70.8M — up 0.23% from $70.6M a quarter earlier.
Fund positioning in MMU was balanced in Q2 2019: 9 funds opened new positions, 9 closed out, 23 added to existing stakes and 13 trimmed.
The largest buyer was Western Wealth Management, opening a new position worth an estimated $2.84M. The largest seller was Fiera Capital (Canada), cutting an estimated $6.63M.
- 68 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $70.8M of Western Asset Managed Municipals Fund stock for Q2 2019, up 0.23% quarter-over-quarter.
- 9 funds opened new Western Asset Managed Municipals Fund positions in Q2 2019 and 9 closed out, a net change of 0 holders.
- The largest Western Asset Managed Municipals Fund buyer in Q2 2019 was Western Wealth Management, an estimated $2.84M added.
- The largest Western Asset Managed Municipals Fund seller in Q2 2019 was Fiera Capital (Canada), an estimated $6.63M sold.
Based on aggregated 13F filings for Q2 2019.