Western Asset Intermediate Muni Fund
SBI
54 hedge funds and large institutions have $54.4M invested in Western Asset Intermediate Muni Fund in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 4 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.67% less ownership
Funds ownership: 40.35% → 39.68% (-0.67%)
2% less capital invested
Capital invested by funds: $55.4M → $54.4M (-$1.03M)
4% less funds holding
Funds holding: 56 → 54 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
+$368K |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$296K |
| 3 |
RPA
Rock Point Advisors
Burlington,
Vermont
|
+$256K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$229K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$561K |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$378K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$222K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$180K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$151K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EIP
51
Ellis Investment Partners
Berwyn,
Pennsylvania
| $9K | +$9.77K | +1,000 | New |
|
52
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
SWA
53
SOA Wealth Advisors
New York
| $4K | – | – | – |
|
|
SWM
54
Spire Wealth Management
Mclean,
Virginia
| $3K | – | – | – |
|
|
GWM
55
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
|
AAM
56
Advisors Asset Management
Monument,
Colorado
| – | -$561K | -57,424 | Closed |
|
|
WAM
57
Wolverine Asset Management
Chicago,
Illinois
| – | -$151K | -15,550 | Closed |
|
|
DP
58
Dearborn Partners
Chicago,
Illinois
| – | -$103K | -10,500 | Closed |
|
59
Citigroup
New York
| – | -$12K | -1,223 | Closed |
|
SBI Hedge Fund Activity: Q3 2021 in Review
54 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q3 2021, worth a combined $54.4M — down 1.9% from $55.4M a quarter earlier.
Fund positioning in SBI was balanced in Q3 2021: 4 funds opened new positions, 4 closed out, 17 added to existing stakes and 16 trimmed.
The largest buyer was Mariner, opening a new position worth an estimated $368K. The largest seller was Advisors Asset Management, exiting entirely with an estimated $561K sold.
- 54 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q3 2021, down from 56 in Q2 2021.
- Funds reported $54.4M of Western Asset Intermediate Muni Fund stock for Q3 2021, down 1.9% quarter-over-quarter.
- 4 funds opened new Western Asset Intermediate Muni Fund positions in Q3 2021 and 4 closed out, a net change of 0 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q3 2021 was Mariner, an estimated $368K added.
- The largest Western Asset Intermediate Muni Fund seller in Q3 2021 was Advisors Asset Management, an estimated $561K sold.
Based on aggregated 13F filings for Q3 2021.