Western Asset Managed Municipals Fund
MMU
121 hedge funds and large institutions have $259M invested in Western Asset Managed Municipals Fund in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 36 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
43% more capital inflows, than outflows
Capital inflows: $25.7M | Capital outflows: $18M
19% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 36
1.38% more ownership
Funds ownership: 43.85% → 45.23% (+1.4%)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
0% more funds holding
Funds holding: 121 → 121 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$5.55M |
| 2 |
Morgan Stanley
New York
|
+$4.32M |
| 3 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.86M |
| 4 |
City of London Investment Management
London,
United Kingdom
|
+$2.8M |
| 5 |
Bank of New York Mellon
New York
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1607 Capital Partners
Richmond,
Virginia
|
-$6.48M |
| 2 |
Logan Stone Capital
Chicago,
Illinois
|
-$3.21M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$1.37M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.35M |
| 5 |
Advisors Asset Management
Monument,
Colorado
|
-$1.03M |
MMU Hedge Fund Activity: Q1 2024 in Review
121 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q1 2024, worth a combined $259M — up 5.9% from $244M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MMU positions and 13 closed out — a net gain of 1 holder — while 43 added to existing stakes and 36 trimmed.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $5.55M. The largest seller was 1607 Capital Partners, cutting an estimated $6.48M.
- 121 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $259M of Western Asset Managed Municipals Fund stock for Q1 2024, up 5.9% quarter-over-quarter.
- 14 funds opened new Western Asset Managed Municipals Fund positions in Q1 2024 and 13 closed out, a net change of +1 holder.
- The largest Western Asset Managed Municipals Fund buyer in Q1 2024 was Allianz Asset Management, an estimated $5.55M added.
- The largest Western Asset Managed Municipals Fund seller in Q1 2024 was 1607 Capital Partners, an estimated $6.48M sold.
Based on aggregated 13F filings for Q1 2024.