Western Asset Intermediate Muni Fund
SBI
53 hedge funds and large institutions have $35.1M invested in Western Asset Intermediate Muni Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 4 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
11% more capital invested
Capital invested by funds: $31.7M → $35.1M (+$3.36M)
2.7% more ownership
Funds ownership: 25.92% → 28.62% (+2.7%)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
2% less funds holding
Funds holding: 54 → 53 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$2.08M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$725K |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$493K |
| 4 |
Morgan Stanley
New York
|
+$233K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Oppenheimer & Co
New York
|
-$302K |
| 2 |
PAS
Park Avenue Securities
New York
|
-$253K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$106K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$61.9K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$61.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
51
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
|
ACA
52
Ackerman Capital Advisors
Dallas,
Texas
| $931 | +$493K | +55,701 | +115% |
|
|
OC
53
Oppenheimer & Co
New York
| – | -$302K | -34,250 | Closed |
|
|
PAS
54
Park Avenue Securities
New York
| – | -$253K | -28,892 | Closed |
|
55
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$6K | -667 | Closed |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| – | -$3K | -313 | Closed |
|
SBI Hedge Fund Activity: Q2 2019 in Review
53 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q2 2019, worth a combined $35.1M — up 11% from $31.7M a quarter earlier.
Fund positioning in SBI was balanced in Q2 2019: 4 funds opened new positions, 4 closed out, 17 added to existing stakes and 14 trimmed.
The largest buyer was Mercer Global Advisors, opening a new position worth an estimated $2.08M. The largest seller was Oppenheimer & Co, exiting entirely with an estimated $302K sold.
- 53 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q2 2019, down from 54 in Q1 2019.
- Funds reported $35.1M of Western Asset Intermediate Muni Fund stock for Q2 2019, up 11% quarter-over-quarter.
- 4 funds opened new Western Asset Intermediate Muni Fund positions in Q2 2019 and 4 closed out, a net change of 0 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q2 2019 was Mercer Global Advisors, an estimated $2.08M added.
- The largest Western Asset Intermediate Muni Fund seller in Q2 2019 was Oppenheimer & Co, an estimated $302K sold.
Based on aggregated 13F filings for Q2 2019.