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MMU

Western Asset Managed Municipals Fund

83 hedge funds and large institutions have $127M invested in Western Asset Managed Municipals Fund in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 14 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 14

67% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 9

2% more funds holding

Funds holding: 8183 (+2)

2.07% more ownership

Funds ownership: 23.17%25.24% (+2.1%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $131M → $127M (-$4.55M)

Holders
83
Holders Change
+2
Holders Change %
+2.47%
% of All Funds
1.31%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
33
Reduced
14
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$26.5M +$2.02M +164,820 +8%
RCM
2
Rivernorth Capital Management
Florida
$18.1M +$503K +41,075 +3%
1CP
3
1607 Capital Partners
Virginia
$13.8M -$126K -10,314 -0.9%
PPA
4
Parametric Portfolio Associates
Washington
$9.55M +$2.01M +164,495 +25%
RCM
5
Robinson Capital Management
Michigan
$8.34M +$3.73K +305 +0%
Fiera Capital (Canada)
6
Fiera Capital (Canada)
Quebec, Canada
$3.79M +$2.55M +208,740 +178%
GC
7
Guggenheim Capital
Illinois
$3.54M +$598K +48,877 +19%
UBS Group
8
UBS Group
Switzerland
$3.28M +$5.02K +410 +0.1%
HighTower Advisors
9
HighTower Advisors
Illinois
$3.08M -$277K -22,601 -8%
VanEck Associates
10
VanEck Associates
New York
$3.07M +$123K +10,020 +4%
Truist Financial
11
Truist Financial
North Carolina
$2.77M +$176K +14,394 +6%
Bank of America
12
Bank of America
North Carolina
$2.05M -$195K -15,923 -8%
MPW
13
Melone Private Wealth
Michigan
$1.96M +$35.9K +2,935 +2%
VCM
14
Vivaldi Capital Management
Illinois
$1.69M +$1.95M +158,948 New
AFS
15
Access Financial Services
Minnesota
$1.31M +$81.8K +6,687 +6%
KMWM
16
Keudell/Morrison Wealth Management
Oregon
$1.29M +$198K +16,145 +17%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$1.25M +$312K +25,483 +31%
Wells Fargo
18
Wells Fargo
California
$1.15M +$129K +10,550 +12%
PAS
19
Park Avenue Securities
New York
$1.13M +$1.19M +97,566 New
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$1.13M +$1.19M +97,080 New
PFS
21
Prospera Financial Services
Texas
$1.09M +$1.15M +94,241 New
RJFSA
22
Raymond James Financial Services Advisors
Florida
$1.02M +$86.4K +7,056 +9%
Ameriprise
23
Ameriprise
Minnesota
$939K +$14.9K +1,217 +2%
ACA
24
Ackerman Capital Advisors
Texas
$928K -$766K -62,564 -44%
Osaic Holdings
25
Osaic Holdings
Arizona
$864K -$49.5K -4,048 -5%

MMU Hedge Fund Activity: Q1 2022 in Review

83 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q1 2022, worth a combined $127M — down 3.5% from $131M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new MMU positions and 9 closed out — a net gain of 6 holders — while 33 added to existing stakes and 14 trimmed.

The largest buyer was Fiera Capital (Canada), adding an estimated $2.55M. The largest seller was Affiance Financial, exiting entirely with an estimated $1.97M sold.

  • 83 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q1 2022, up from 81 in Q4 2021.
  • Funds reported $127M of Western Asset Managed Municipals Fund stock for Q1 2022, down 3.5% quarter-over-quarter.
  • 15 funds opened new Western Asset Managed Municipals Fund positions in Q1 2022 and 9 closed out, a net change of +6 holders.
  • The largest Western Asset Managed Municipals Fund buyer in Q1 2022 was Fiera Capital (Canada), an estimated $2.55M added.
  • The largest Western Asset Managed Municipals Fund seller in Q1 2022 was Affiance Financial, an estimated $1.97M sold.

Based on aggregated 13F filings for Q1 2022.