Western Asset Intermediate Muni Fund
SBI
54 hedge funds and large institutions have $31.7M invested in Western Asset Intermediate Muni Fund in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 5 reducing their positions, and 4 closing their positions.
380% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 5
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
6% more funds holding
Funds holding: 51 → 54 (+3)
0% more capital invested
Capital invested by funds: $31.7M → $31.7M (+$85.3K)
1.01% less ownership
Funds ownership: 26.93% → 25.92% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$959K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$637K |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$420K |
| 4 |
Morgan Stanley
New York
|
+$387K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$278K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.74M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$376K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$188K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$146K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$45.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| $6K | +$2.88K | +333 | +100% |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $3K | -$21.4K | -2,470 | -89% |
|
|
GWM
53
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
|
ACA
54
Ackerman Capital Advisors
Dallas,
Texas
| $427 | +$420K | +48,484 | New |
|
|
RCM
55
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$1.74M | -208,755 | Closed |
|
|
CRC
56
Curi RMB Capital
Chicago,
Illinois
| – | -$376K | -44,984 | Closed |
|
|
57
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$188K | -22,467 | Closed |
|
|
CF
58
Centaurus Financial
Anaheim,
California
| – | -$28 | -237 | Closed |
|
59
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$260 | +30 | New |
|
SBI Hedge Fund Activity: Q1 2019 in Review
54 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q1 2019, worth a combined $31.7M — up 0.27% from $31.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SBI positions and 4 closed out — a net gain of 5 holders — while 24 added to existing stakes and 5 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $959K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.74M sold.
- 54 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q1 2019, up from 51 in Q4 2018.
- Funds reported $31.7M of Western Asset Intermediate Muni Fund stock for Q1 2019, up 0.27% quarter-over-quarter.
- 9 funds opened new Western Asset Intermediate Muni Fund positions in Q1 2019 and 4 closed out, a net change of +5 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q1 2019 was Parametric Portfolio Associates, an estimated $959K added.
- The largest Western Asset Intermediate Muni Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $1.74M sold.
Based on aggregated 13F filings for Q1 2019.