Western Asset Intermediate Muni Fund
SBI
58 hedge funds and large institutions have $47.7M invested in Western Asset Intermediate Muni Fund in 2020 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
18% more funds holding
Funds holding: 49 → 58 (+9)
11% more capital invested
Capital invested by funds: $42.8M → $47.7M (+$4.89M)
3.32% more ownership
Funds ownership: 36.3% → 39.62% (+3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.93M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$655K |
| 3 |
BlackRock
New York
|
+$652K |
| 4 |
PAS
Park Avenue Securities
New York
|
+$577K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$361K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$774K |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$492K |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
-$377K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$365K |
| 5 |
Morgan Stanley
New York
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $8K | – | – | – |
|
52
US Bancorp
Minneapolis,
Minnesota
| $7K | +$2.1K | +250 | +48% |
|
|
GWM
53
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
54
Northern Trust
Chicago,
Illinois
| $1K | -$168K | -20,000 | -67% |
|
|
WLPWM
55
Walled Lake Planning & Wealth Management
Winnetka,
Illinois
| $1K | – | – | – |
|
|
AWA
56
Arete Wealth Advisors
Chicago,
Illinois
| – | -$492K | -58,344 | Closed |
|
|
MC
57
Matisse Capital
Portland,
Oregon
| – | -$102K | -12,123 | Closed |
|
58
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$93K | -11,007 | Closed |
|
|
HPC
59
HM Payson & Co
Portland,
Maine
| – | -$6K | -680 | Closed |
|
60
Fidelity Investments
Boston,
Massachusetts
| – | +$17 | +2 | New |
|
|
PFO
61
Pathstone Family Office
Englewood,
New Jersey
| – | +$336 | +40 | New |
|
SBI Hedge Fund Activity: Q2 2020 in Review
58 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q2 2020, worth a combined $47.7M — up 11% from $42.8M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SBI positions and 4 closed out — a net gain of 10 holders — while 18 added to existing stakes and 13 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $2.93M. The largest seller was Benjamin F. Edwards & Company, cutting an estimated $774K.
- 58 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q2 2020, up from 49 in Q1 2020.
- Funds reported $47.7M of Western Asset Intermediate Muni Fund stock for Q2 2020, up 11% quarter-over-quarter.
- 14 funds opened new Western Asset Intermediate Muni Fund positions in Q2 2020 and 4 closed out, a net change of +10 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q2 2020 was Robinson Capital Management, an estimated $2.93M added.
- The largest Western Asset Intermediate Muni Fund seller in Q2 2020 was Benjamin F. Edwards & Company, an estimated $774K sold.
Based on aggregated 13F filings for Q2 2020.