Western Asset Municipal Partners Fund, Inc.
MNP
MNP was delisted on the 13th of October, 2023.
52 hedge funds and large institutions have $33.4M invested in Western Asset Municipal Partners Fund, Inc. in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
8% more funds holding
Funds holding: 48 → 52 (+4)
1% less capital invested
Capital invested by funds: $33.7M → $33.4M (-$346K)
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.63M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.21M |
| 3 |
ITIM
Indiana Trust & Investment Management
Mishawaka,
Indiana
|
+$627K |
| 4 |
API
Advisor Partners II
Walnut Creek,
California
|
+$565K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$505K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$762K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$637K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$458K |
| 4 |
Morgan Stanley
New York
|
-$333K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$125K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $3K | -$5.82K | -511 | -67% |
|
|
FIA
52
FNY Investment Advisers
New York
| $1K | – | – | – |
|
53
Bessemer Group
Woodbridge,
New Jersey
| $1K | +$80 | +7 | +5% |
|
|
RCM
54
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$637K | -54,226 | Closed |
|
55
Fidelity Investments
Boston,
Massachusetts
| – | -$12 | -1 | Closed |
|
MNP Hedge Fund Activity: Q3 2023 in Review
52 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Western Asset Municipal Partners Fund, Inc. (MNP) for Q3 2023, worth a combined $33.4M — down 1% from $33.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MNP positions and 2 closed out — a net gain of 4 holders — while 13 added to existing stakes and 20 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $1.63M. The largest seller was Raymond James & Associates, cutting an estimated $762K.
- 52 institutional investors held Western Asset Municipal Partners Fund, Inc. (MNP) as of Q3 2023, up from 48 in Q2 2023.
- Funds reported $33.4M of Western Asset Municipal Partners Fund, Inc. stock for Q3 2023, down 1% quarter-over-quarter.
- 6 funds opened new Western Asset Municipal Partners Fund, Inc. positions in Q3 2023 and 2 closed out, a net change of +4 holders.
- The largest Western Asset Municipal Partners Fund, Inc. buyer in Q3 2023 was Saba Capital Management, an estimated $1.63M added.
- The largest Western Asset Municipal Partners Fund, Inc. seller in Q3 2023 was Raymond James & Associates, an estimated $762K sold.
Based on aggregated 13F filings for Q3 2023.