Western Asset Intermediate Muni Fund
SBI
32 hedge funds and large institutions have $16.1M invested in Western Asset Intermediate Muni Fund in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
10% more funds holding
Funds holding: 29 → 32 (+3)
1% more capital invested
Capital invested by funds: $16M → $16.1M (+$138K)
0.16% more ownership
Funds ownership: 11.62% → 11.78% (+0.16%)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$194K |
| 2 |
WT
Whittier Trust
South Pasadena,
California
|
+$170K |
| 3 |
KFS
KMS Financial Services
Seattle,
Washington
|
+$151K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$129K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$271K |
| 2 |
KCM
Kempner Capital Management
Galveston,
Texas
|
-$209K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$155K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$88.5K |
| 5 |
LPL Financial
San Diego,
California
|
-$31K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $65K | +$64.8K | +6,700 | New |
|
27
US Bancorp
Minneapolis,
Minnesota
| $58K | – | – | – |
|
|
BWFA
28
Baltimore-Washington Financial Advisors
Columbia,
Maryland
| $40K | – | – | – |
|
|
CFSG
29
Community Financial Services Group
Newport,
Vermont
| $38K | – | – | – |
|
30
Citigroup
New York
| $16K | -$14.7K | -1,523 | -48% |
|
|
KT
31
Kanaly Trust
Houston,
Texas
| $11K | – | – | – |
|
|
RAM
32
Riggs Asset Management
Dallas,
Pennsylvania
| $3K | +$2.9K | +300 | New |
|
|
NL
33
NWAM LLC
Mercer Island,
Washington
| – | -$271K | -27,769 | Closed |
|
|
BRWA
34
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$16.9K | -1,735 | Closed |
|
SBI Hedge Fund Activity: Q3 2014 in Review
32 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q3 2014, worth a combined $16.1M — up 0.87% from $16M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SBI positions and 2 closed out — a net gain of 3 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $194K. The largest seller was NWAM LLC, exiting entirely with an estimated $271K sold.
- 32 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q3 2014, up from 29 in Q2 2014.
- Funds reported $16.1M of Western Asset Intermediate Muni Fund stock for Q3 2014, up 0.87% quarter-over-quarter.
- 5 funds opened new Western Asset Intermediate Muni Fund positions in Q3 2014 and 2 closed out, a net change of +3 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q3 2014 was Morgan Stanley, an estimated $194K added.
- The largest Western Asset Intermediate Muni Fund seller in Q3 2014 was NWAM LLC, an estimated $271K sold.
Based on aggregated 13F filings for Q3 2014.