Western Asset Municipal Partners Fund, Inc.
MNP
MNP was delisted on the 13th of October, 2023.
44 hedge funds and large institutions have $35.6M invested in Western Asset Municipal Partners Fund, Inc. in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 10 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
11% more capital invested
Capital invested by funds: $32M → $35.6M (+$3.53M)
6% less funds holding
Funds holding: 47 → 44 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.24M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.15M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$440K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$400K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$952K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$643K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$618K |
| 4 |
BWA
BDO Wealth Advisors
Jacksonville,
Florida
|
-$538K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$530K |
MNP Hedge Fund Activity: Q1 2021 in Review
44 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal Partners Fund, Inc. (MNP) for Q1 2021, worth a combined $35.6M — up 11% from $32M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MNP and 7 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 16 added.
The largest buyer was 1607 Capital Partners, adding an estimated $3.24M. The largest seller was Fiera Capital (Canada), cutting an estimated $952K.
- 44 institutional investors held Western Asset Municipal Partners Fund, Inc. (MNP) as of Q1 2021, down from 47 in Q4 2020.
- Funds reported $35.6M of Western Asset Municipal Partners Fund, Inc. stock for Q1 2021, up 11% quarter-over-quarter.
- 7 funds opened new Western Asset Municipal Partners Fund, Inc. positions in Q1 2021 and 10 closed out, a net change of -3 holders.
- The largest Western Asset Municipal Partners Fund, Inc. buyer in Q1 2021 was 1607 Capital Partners, an estimated $3.24M added.
- The largest Western Asset Municipal Partners Fund, Inc. seller in Q1 2021 was Fiera Capital (Canada), an estimated $952K sold.
Based on aggregated 13F filings for Q1 2021.