Western Asset Managed Municipals Fund
MMU
106 hedge funds and large institutions have $206M invested in Western Asset Managed Municipals Fund in 2026 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 42 increasing their positions, 34 reducing their positions, and 10 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $207M → $206M (-$1.05M)
0.68% less ownership
Funds ownership: 36.83% → 36.15% (-0.68%)
4% less funds holding
Funds holding: 110 → 106 (-4)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.1M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.72M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.26M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.21M |
| 5 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
+$949K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.92M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.86M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.82M |
| 4 |
RC
Rareview Capital
Las Vegas,
Nevada
|
-$732K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$310K |
MMU Hedge Fund Activity: Q2 2026 in Review
106 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Western Asset Managed Municipals Fund (MMU) for Q2 2026, worth a combined $206M — down 0.51% from $207M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MMU and 8 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 42 added.
The largest buyer was Raymond James Financial, adding an estimated $2.1M. The largest seller was 1607 Capital Partners, cutting an estimated $4.92M.
- 106 institutional investors held Western Asset Managed Municipals Fund (MMU) as of Q2 2026, down from 110 in Q1 2026.
- Funds reported $206M of Western Asset Managed Municipals Fund stock for Q2 2026, down 0.51% quarter-over-quarter.
- 8 funds opened new Western Asset Managed Municipals Fund positions in Q2 2026 and 10 closed out, a net change of -2 holders.
- The largest Western Asset Managed Municipals Fund buyer in Q2 2026 was Raymond James Financial, an estimated $2.1M added.
- The largest Western Asset Managed Municipals Fund seller in Q2 2026 was 1607 Capital Partners, an estimated $4.92M sold.
Based on aggregated 13F filings for Q2 2026.