Western Asset Managed Municipals Fund
MMU
78 hedge funds and large institutions have $76.1M invested in Western Asset Managed Municipals Fund in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 6 closing their positions.
409% more capital inflows, than outflows
Capital inflows: $9.6M | Capital outflows: $1.88M
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
15% more funds holding
Funds holding: 68 → 78 (+10)
1.27% more ownership
Funds ownership: 11.89% → 13.16% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Western Wealth Management
Golden,
Colorado
|
+$1.48M |
| 2 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.26M |
| 3 |
Landscape Capital Management
Englewood,
New Jersey
|
+$1.15M |
| 4 |
Wolverine Asset Management
Chicago,
Illinois
|
+$766K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$619K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$364K |
| 2 |
Morgan Stanley
New York
|
-$336K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$315K |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
-$301K |
| 5 |
Quad-Cities Investment Group
Davenport,
Iowa
|
-$147K |
MMU Hedge Fund Activity: Q4 2019 in Review
78 of the 5,094 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q4 2019, worth a combined $76.1M — up 7.3% from $70.9M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MMU positions and 6 closed out — a net gain of 11 holders — while 18 added to existing stakes and 14 trimmed.
The largest buyer was Western Wealth Management, opening a new position worth an estimated $1.48M. The largest seller was Wells Fargo, cutting an estimated $364K.
- 78 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q4 2019, up from 68 in Q3 2019.
- Funds reported $76.1M of Western Asset Managed Municipals Fund stock for Q4 2019, up 7.3% quarter-over-quarter.
- 17 funds opened new Western Asset Managed Municipals Fund positions in Q4 2019 and 6 closed out, a net change of +11 holders.
- The largest Western Asset Managed Municipals Fund buyer in Q4 2019 was Western Wealth Management, an estimated $1.48M added.
- The largest Western Asset Managed Municipals Fund seller in Q4 2019 was Wells Fargo, an estimated $364K sold.
Based on aggregated 13F filings for Q4 2019.