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MMU

Western Asset Managed Municipals Fund

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.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 6

11% more funds holding

Funds holding: 8392 (+9)

1.98% more ownership

Funds ownership: 25.24%27.22% (+2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $127M → $125M (-$1.89M)

4% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 27

Holders
92
Holders Change
+9
Holders Change %
+10.84%
% of All Funds
1.55%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
16
Increased
26
Reduced
27
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$32.9M +$9.03M +830,904 +36%
RCM
2
Rivernorth Capital Management
Florida
$23.7M +$7.42M +683,049 +44%
1CP
3
1607 Capital Partners
Virginia
$13.4M +$896K +82,448 +7%
RCM
4
Robinson Capital Management
Michigan
$7.61M -$92K -8,465 -1%
GC
5
Guggenheim Capital
Illinois
$4.78M +$1.6M +146,907 +48%
Fiera Capital (Canada)
6
Fiera Capital (Canada)
Quebec, Canada
$3.62M +$177K +16,290 +5%
UBS Group
7
UBS Group
Switzerland
$2.87M -$112K -10,287 -4%
VCM
8
Vivaldi Capital Management
Illinois
$2.74M +$1.09M +99,999 +63%
HighTower Advisors
9
HighTower Advisors
Illinois
$2.65M -$164K -15,086 -6%
VanEck Associates
10
VanEck Associates
New York
$2.15M -$658K -60,581 -23%
MPW
11
Melone Private Wealth
Michigan
$1.96M +$38.2K +3,515 +2%
Truist Financial
12
Truist Financial
North Carolina
$1.76M -$781K -71,901 -30%
Bank of America
13
Bank of America
North Carolina
$1.6M -$267K -24,569 -14%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$1.18M +$46.6K +4,287 +4%
PFS
15
Prospera Financial Services
Texas
$1.13M +$140K +12,921 +14%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$1.1M +$73.6K +6,768 +7%
AFS
17
Access Financial Services
Minnesota
$1.09M -$101K -9,282 -8%
PAS
18
Park Avenue Securities
New York
$1.07M +$40.3K +3,708 +4%
Wells Fargo
19
Wells Fargo
California
$1.04M -$4.52K -416 -0.4%
Ameriprise
20
Ameriprise
Minnesota
$803K -$52.2K -4,801 -6%
RJA
21
Raymond James & Associates
Florida
$778K +$18.4K +1,697 +2%
CPIG
22
Chicago Partners Investment Group
Illinois
$677K +$43.4K +3,997 +7%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$589K -$349K -32,095 -37%
LPL Financial
24
LPL Financial
California
$573K -$30.3K -2,785 -5%
H6H
25
Hightower 6M Holding
Kansas
$564K -$72.5K -6,673 -11%

MMU Hedge Fund Activity: Q2 2022 in Review

92 of the 5,936 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.