Western Asset Municipal Partners Fund, Inc.
MNP
MNP was delisted on the 13th of October, 2023.
24 hedge funds and large institutions have $15.3M invested in Western Asset Municipal Partners Fund, Inc. in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 10 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
8% less capital invested
Capital invested by funds: $16.8M → $15.3M (-$1.4M)
27% less funds holding
Funds holding: 33 → 24 (-9)
90% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$373K |
| 2 |
LPL Financial
San Diego,
California
|
+$150K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$114K |
| 4 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$86.2K |
| 5 |
VanEck Associates
New York
|
+$78.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$907K |
| 2 |
Cohen & Steers
New York
|
-$662K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$316K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$312K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$262K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
N
26
Nuveen
Charlotte,
North Carolina
| $1.31K | – | – | – |
|
|
KIM
27
Karpus Investment Management
Pittsford,
New York
| – | -$907K | -58,095 | Closed |
|
|
28
Cohen & Steers
New York
| – | -$662K | -42,425 | Closed |
|
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$312K | -20,000 | Closed |
|
30
Northern Trust
Chicago,
Illinois
| – | -$3K | -19,729 | Closed |
|
|
CRC
31
Curi RMB Capital
Chicago,
Illinois
| – | -$262K | -16,781 | Closed |
|
32
Koshinski Asset Management
Decatur,
Illinois
| – | -$195K | -12,500 | Closed |
|
|
FIMG
33
Financial & Investment Management Group
Traverse City,
Michigan
| – | -$186K | -11,902 | Closed |
|
|
ACS
34
Archford Capital Strategies
Swansea,
Illinois
| – | -$10K | -656 | Closed |
|
|
IA
35
IFP Advisors
Tampa,
Florida
| – | -$4K | -246 | Closed |
|
MNP Hedge Fund Activity: Q1 2016 in Review
24 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal Partners Fund, Inc. (MNP) for Q1 2016, worth a combined $15.3M — down 8.4% from $16.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MNP and 1 opened new positions — a net loss of 9 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was Wells Fargo, adding an estimated $373K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $907K sold.
- 24 institutional investors held Western Asset Municipal Partners Fund, Inc. (MNP) as of Q1 2016, down from 33 in Q4 2015.
- Funds reported $15.3M of Western Asset Municipal Partners Fund, Inc. stock for Q1 2016, down 8.4% quarter-over-quarter.
- 1 fund opened new Western Asset Municipal Partners Fund, Inc. positions in Q1 2016 and 10 closed out, a net change of -9 holders.
- The largest Western Asset Municipal Partners Fund, Inc. buyer in Q1 2016 was Wells Fargo, an estimated $373K added.
- The largest Western Asset Municipal Partners Fund, Inc. seller in Q1 2016 was Karpus Investment Management, an estimated $907K sold.
Based on aggregated 13F filings for Q1 2016.