Western Asset Managed Municipals Fund
MMU
80 hedge funds and large institutions have $125M invested in Western Asset Managed Municipals Fund in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 17 reducing their positions, and 9 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 17
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.21% less ownership
Funds ownership: 21.82% → 21.61% (-0.21%)
2% less capital invested
Capital invested by funds: $128M → $125M (-$3.13M)
1% less funds holding
Funds holding: 81 → 80 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.85M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.33M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$744K |
| 4 |
AP
Americana Partners
Houston,
Texas
|
+$720K |
| 5 |
BA
Bridgewater Advisors
New York
|
+$560K |
Top Sellers
MMU Hedge Fund Activity: Q3 2021 in Review
80 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q3 2021, worth a combined $125M — down 2.4% from $128M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MMU and 8 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 28 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.85M. The largest seller was Parametric Portfolio Associates, cutting an estimated $2.48M.
- 80 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q3 2021, down from 81 in Q2 2021.
- Funds reported $125M of Western Asset Managed Municipals Fund stock for Q3 2021, down 2.4% quarter-over-quarter.
- 8 funds opened new Western Asset Managed Municipals Fund positions in Q3 2021 and 9 closed out, a net change of -1 holder.
- The largest Western Asset Managed Municipals Fund buyer in Q3 2021 was Citadel Advisors, an estimated $1.85M added.
- The largest Western Asset Managed Municipals Fund seller in Q3 2021 was Parametric Portfolio Associates, an estimated $2.48M sold.
Based on aggregated 13F filings for Q3 2021.