Western Asset Managed Municipals Fund
MMU
92 hedge funds and large institutions have $125M invested in Western Asset Managed Municipals Fund in 2022 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 26 increasing their positions, 27 reducing their positions, and 6 closing their positions.
360% more capital inflows, than outflows
Capital inflows: $23.3M | Capital outflows: $5.07M
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
11% more funds holding
Funds holding: 83 → 92 (+9)
1.98% more ownership
Funds ownership: 25.24% → 27.22% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.03M |
| 2 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.42M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
+$1.6M |
| 4 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$1.09M |
| 5 |
1607 Capital Partners
Richmond,
Virginia
|
+$896K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$781K |
| 2 |
KMWM
Keudell/Morrison Wealth Management
Salem,
Oregon
|
-$733K |
| 3 |
VanEck Associates
New York
|
-$658K |
| 4 |
Ackerman Capital Advisors
Dallas,
Texas
|
-$517K |
| 5 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$349K |
MMU Hedge Fund Activity: Q2 2022 in Review
92 of the 5,963 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q2 2022, worth a combined $125M — down 1.5% from $127M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MMU positions and 6 closed out — a net gain of 10 holders — while 26 added to existing stakes and 27 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.03M. The largest seller was Truist Financial, cutting an estimated $781K.
- 92 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q2 2022, up from 83 in Q1 2022.
- Funds reported $125M of Western Asset Managed Municipals Fund stock for Q2 2022, down 1.5% quarter-over-quarter.
- 16 funds opened new Western Asset Managed Municipals Fund positions in Q2 2022 and 6 closed out, a net change of +10 holders.
- The largest Western Asset Managed Municipals Fund buyer in Q2 2022 was Morgan Stanley, an estimated $9.03M added.
- The largest Western Asset Managed Municipals Fund seller in Q2 2022 was Truist Financial, an estimated $781K sold.
Based on aggregated 13F filings for Q2 2022.