Western Asset Municipal Partners Fund, Inc.
MNP
MNP was delisted on the 13th of October, 2023.
32 hedge funds and large institutions have $19.5M invested in Western Asset Municipal Partners Fund, Inc. in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
20% more capital invested
Capital invested by funds: $16.3M → $19.5M (+$3.2M)
19% more funds holding
Funds holding: 27 → 32 (+5)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.32M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.15M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$750K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$290K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$730K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$441K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$288K |
| 4 |
Morgan Stanley
New York
|
-$278K |
| 5 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$219K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $72K | +$54.5K | +4,000 | +333% |
|
|
DADC
27
D.A. Davidson & Co
Great Falls,
Montana
| $66K | – | – | – |
|
|
HNB
28
Huntington National Bank
Columbus,
Ohio
| $53K | – | – | – |
|
|
VIA
29
Vantage Investment Advisors
State College,
Pennsylvania
| $25K | +$24.9K | +1,828 | New |
|
|
LFR
30
Lehman Financial Resources
Media,
Pennsylvania
| $16K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $6K | +$5.97K | +438 | New |
|
|
WEC
32
Winslow Evans & Crocker
Boston,
Massachusetts
| $3K | +$2.67K | +196 | New |
|
|
MFS
33
MSI Financial Services
Springfield,
Massachusetts
| $1K | – | – | – |
|
|
RCM
34
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$730K | -52,800 | Closed |
|
|
RJT
35
Raymond James Trust
St. Petersburg,
Florida
| – | -$219K | -15,787 | Closed |
|
|
PFO
36
Pathstone Family Office
Englewood,
New Jersey
| – | -$14K | -1,037 | Closed |
|
MNP Hedge Fund Activity: Q4 2013 in Review
32 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal Partners Fund, Inc. (MNP) for Q4 2013, worth a combined $19.5M — up 20% from $16.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MNP positions and 3 closed out — a net gain of 5 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Financial & Investment Management Group, opening a new position worth an estimated $1.32M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $730K sold.
- 32 institutional investors held Western Asset Municipal Partners Fund, Inc. (MNP) as of Q4 2013, up from 27 in Q3 2013.
- Funds reported $19.5M of Western Asset Municipal Partners Fund, Inc. stock for Q4 2013, up 20% quarter-over-quarter.
- 8 funds opened new Western Asset Municipal Partners Fund, Inc. positions in Q4 2013 and 3 closed out, a net change of +5 holders.
- The largest Western Asset Municipal Partners Fund, Inc. buyer in Q4 2013 was Financial & Investment Management Group, an estimated $1.32M added.
- The largest Western Asset Municipal Partners Fund, Inc. seller in Q4 2013 was Rivernorth Capital Management, an estimated $730K sold.
Based on aggregated 13F filings for Q4 2013.