Western Asset Intermediate Muni Fund
SBI
54 hedge funds and large institutions have $23.9M invested in Western Asset Intermediate Muni Fund in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
13% more funds holding
Funds holding: 48 → 54 (+6)
5% more capital invested
Capital invested by funds: $22.8M → $23.9M (+$1.18M)
1.28% more ownership
Funds ownership: 18.84% → 20.12% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$868K |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$756K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$436K |
| 4 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
+$435K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$353K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$969K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$498K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$337K |
| 4 |
Morgan Stanley
New York
|
-$264K |
| 5 |
CF
Centaurus Financial
Anaheim,
California
|
-$249K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
51
Anchor Investment Management
Columbia,
South Carolina
| $16.9K | – | – | – |
|
|
GWM
52
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
53
JP Morgan Chase
New York
| $2K | +$1.72K | +200 | New |
|
|
CF
54
Centaurus Financial
Anaheim,
California
| $240 | -$249K | -28,978 | -100% |
|
|
LCM
55
Laurion Capital Management
New York
| – | -$969K | -111,821 | Closed |
|
|
DA
56
Doliver Advisors
Houston,
Texas
| – | -$209K | -24,103 | Closed |
|
57
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -136 | Closed |
|
SBI Hedge Fund Activity: Q3 2018 in Review
54 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q3 2018, worth a combined $23.9M — up 5.2% from $22.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SBI positions and 3 closed out — a net gain of 6 holders — while 16 added to existing stakes and 11 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $868K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $969K sold.
- 54 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q3 2018, up from 48 in Q2 2018.
- Funds reported $23.9M of Western Asset Intermediate Muni Fund stock for Q3 2018, up 5.2% quarter-over-quarter.
- 9 funds opened new Western Asset Intermediate Muni Fund positions in Q3 2018 and 3 closed out, a net change of +6 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q3 2018 was Rivernorth Capital Management, an estimated $868K added.
- The largest Western Asset Intermediate Muni Fund seller in Q3 2018 was Laurion Capital Management, an estimated $969K sold.
Based on aggregated 13F filings for Q3 2018.