Western Asset Intermediate Muni Fund
SBI
26 hedge funds and large institutions have $12.5M invested in Western Asset Intermediate Muni Fund in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
16% more capital invested
Capital invested by funds: $10.7M → $12.5M (+$1.73M)
1.43% more ownership
Funds ownership: 8.36% → 9.79% (+1.4%)
0% more funds holding
Funds holding: 26 → 26 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.17M |
| 2 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
+$828K |
| 3 |
WT
Whittier Trust
South Pasadena,
California
|
+$261K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$244K |
| 5 |
KFS
KMS Financial Services
Seattle,
Washington
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$333K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$227K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$163K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$140K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$104K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $7K | +$6.98K | +775 | New |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| – | -$333K | -36,576 | Closed |
|
|
DA
28
Doliver Advisors
Houston,
Texas
| – | -$227K | -24,886 | Closed |
|
|
CFSG
29
Community Financial Services Group
Newport,
Vermont
| – | -$36K | -3,950 | Closed |
|
30
Ameriprise
Minneapolis,
Minnesota
| – | -$31K | -3,399 | Closed |
|
|
CTC
31
Central Trust Company
Jefferson City,
Missouri
| – | -$3K | -350 | Closed |
|
SBI Hedge Fund Activity: Q4 2013 in Review
26 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q4 2013, worth a combined $12.5M — up 16% from $10.7M a quarter earlier.
Fund positioning in SBI was balanced in Q4 2013: 5 funds opened new positions, 5 closed out, 9 added to existing stakes and 6 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.17M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $333K sold.
- 26 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q4 2013, unchanged from Q3 2013.
- Funds reported $12.5M of Western Asset Intermediate Muni Fund stock for Q4 2013, up 16% quarter-over-quarter.
- 5 funds opened new Western Asset Intermediate Muni Fund positions in Q4 2013 and 5 closed out, a net change of 0 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q4 2013 was Advisors Asset Management, an estimated $1.17M added.
- The largest Western Asset Intermediate Muni Fund seller in Q4 2013 was Wolverine Asset Management, an estimated $333K sold.
Based on aggregated 13F filings for Q4 2013.