Western Asset Intermediate Muni Fund
SBI
60 hedge funds and large institutions have $49.5M invested in Western Asset Intermediate Muni Fund in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
2% more funds holding
Funds holding: 59 → 60 (+1)
0.64% more ownership
Funds ownership: 40.38% → 41.01% (+0.64%)
9% less capital invested
Capital invested by funds: $54.7M → $49.5M (-$5.19M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$858K |
| 2 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
+$620K |
| 3 |
LPL Financial
San Diego,
California
|
+$381K |
| 4 |
Mariner
Overland Park,
Kansas
|
+$256K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$168K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.02M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$377K |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$262K |
| 4 |
WT
Whittier Trust
South Pasadena,
California
|
-$159K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$118K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BEI
51
Benjamin Edwards Inc
Clayton,
Missouri
| $21K | +$109 | +12 | +0.5% |
|
|
SPIA
52
Steward Partners Investment Advisory
New York
| $13K | +$14K | +1,552 | New |
|
|
UB
53
UMB Bank
Kansas City,
Missouri
| $7K | +$4.95K | +547 | +222% |
|
54
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
SWA
55
SOA Wealth Advisors
New York
| $4K | – | – | – |
|
|
SWM
56
Spire Wealth Management
Mclean,
Virginia
| $3K | – | – | – |
|
|
GWM
57
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
58
Bessemer Group
Woodbridge,
New Jersey
| $2K | +$796 | +88 | +61% |
|
|
IA
59
IFP Advisors
Tampa,
Florida
| $1K | +$1K | +111 | New |
|
|
ACA
60
Ackerman Capital Advisors
Dallas,
Texas
| – | -$262K | -27,227 | Closed |
|
|
TJHA
61
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$73K | -7,562 | Closed |
|
|
CBT
62
CoreFirst Bank & Trust
Topeka,
Kansas
| – | -$55K | -5,694 | Closed |
|
|
C
63
Covestor
London,
United Kingdom
| – | +$109 | +12 | New |
|
SBI Hedge Fund Activity: Q1 2022 in Review
60 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q1 2022, worth a combined $49.5M — down 9.5% from $54.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SBI positions and 5 closed out — a net gain of 2 holders — while 21 added to existing stakes and 16 trimmed.
The largest buyer was Fiera Capital (Canada), adding an estimated $858K. The largest seller was Karpus Investment Management, cutting an estimated $1.02M.
- 60 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q1 2022, up from 59 in Q4 2021.
- Funds reported $49.5M of Western Asset Intermediate Muni Fund stock for Q1 2022, down 9.5% quarter-over-quarter.
- 7 funds opened new Western Asset Intermediate Muni Fund positions in Q1 2022 and 5 closed out, a net change of +2 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q1 2022 was Fiera Capital (Canada), an estimated $858K added.
- The largest Western Asset Intermediate Muni Fund seller in Q1 2022 was Karpus Investment Management, an estimated $1.02M sold.
Based on aggregated 13F filings for Q1 2022.