Western Asset Intermediate Muni Fund
SBI
34 hedge funds and large institutions have $17.8M invested in Western Asset Intermediate Muni Fund in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 3 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
10% more capital invested
Capital invested by funds: $16.1M → $17.8M (+$1.68M)
6% more funds holding
Funds holding: 32 → 34 (+2)
1.18% more ownership
Funds ownership: 11.78% → 12.96% (+1.2%)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $65K | – | – | – |
|
27
US Bancorp
Minneapolis,
Minnesota
| $58K | – | – | – |
|
|
BWFA
28
Baltimore-Washington Financial Advisors
Columbia,
Maryland
| $40K | – | – | – |
|
|
CFSG
29
Community Financial Services Group
Newport,
Vermont
| $39K | – | – | – |
|
|
KT
30
Kanaly Trust
Houston,
Texas
| $11K | – | – | – |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6K | +$5.85K | +600 | New |
|
|
SC
32
Searle & Co
Greenwich,
Connecticut
| $4K | +$4.87K | +500 | New |
|
|
RAM
33
Riggs Asset Management
Dallas,
Pennsylvania
| $3K | – | – | – |
|
|
BRWA
34
B. Riley Wealth Advisors
Boca Raton,
Florida
| $17 | +$16.9K | +1,735 | New |
|
|
FIMG
35
Financial & Investment Management Group
Traverse City,
Michigan
| – | -$107K | -11,000 | Closed |
|
|
CHC
36
City Holding Co
Charleston,
West Virginia
| – | -$105K | -10,780 | Closed |
|
37
Citigroup
New York
| – | -$16K | -1,671 | Closed |
|
SBI Hedge Fund Activity: Q4 2014 in Review
34 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q4 2014, worth a combined $17.8M — up 10% from $16.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SBI positions and 3 closed out — a net gain of 4 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $611K. The largest seller was Financial & Investment Management Group, exiting entirely with an estimated $107K sold.
- 34 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q4 2014, up from 32 in Q3 2014.
- Funds reported $17.8M of Western Asset Intermediate Muni Fund stock for Q4 2014, up 10% quarter-over-quarter.
- 7 funds opened new Western Asset Intermediate Muni Fund positions in Q4 2014 and 3 closed out, a net change of +4 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q4 2014 was Ladenburg Thalmann Financial Services, an estimated $611K added.
- The largest Western Asset Intermediate Muni Fund seller in Q4 2014 was Financial & Investment Management Group, an estimated $107K sold.
Based on aggregated 13F filings for Q4 2014.