Western Asset Intermediate Muni Fund
SBI
60 hedge funds and large institutions have $46.7M invested in Western Asset Intermediate Muni Fund in 2022 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 24 increasing their positions, 13 reducing their positions, and 3 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 13
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
0.19% more ownership
Funds ownership: 41.01% → 41.2% (+0.19%)
0% more funds holding
Funds holding: 60 → 60 (0)
6% less capital invested
Capital invested by funds: $49.5M → $46.7M (-$2.83M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.23M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$371K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$337K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$296K |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$389K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$350K |
| 3 |
Mariner
Overland Park,
Kansas
|
-$202K |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
-$150K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$130K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
51
Steward Partners Investment Advisory
New York
| $11K | -$1.74K | -215 | -14% |
|
|
52
Bank of America
Charlotte,
North Carolina
| $6K | -$130K | -16,109 | -95% |
|
|
UB
53
UMB Bank
Kansas City,
Missouri
| $6K | – | – | – |
|
54
US Bancorp
Minneapolis,
Minnesota
| $4K | – | – | – |
|
|
SWA
55
SOA Wealth Advisors
New York
| $3K | – | – | – |
|
|
SWM
56
Spire Wealth Management
Mclean,
Virginia
| $3K | – | – | – |
|
|
GWM
57
Geneos Wealth Management
Englewood,
Colorado
| $2K | – | – | – |
|
58
Bessemer Group
Woodbridge,
New Jersey
| $2K | +$566 | +70 | +30% |
|
|
IA
59
IFP Advisors
Tampa,
Florida
| $1K | – | – | – |
|
|
DP
60
Dearborn Partners
Chicago,
Illinois
| – | -$90K | -10,500 | Closed |
|
|
BFEC
61
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$51K | -5,943 | Closed |
|
|
MFT
62
Moisand Fitzgerald Tamayo
Orlando,
Florida
| – | -$22K | -2,581 | Closed |
|
SBI Hedge Fund Activity: Q2 2022 in Review
60 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q2 2022, worth a combined $46.7M — down 5.7% from $49.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SBI positions and 3 closed out — a net gain of 1 holder — while 24 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.23M. The largest seller was First Trust Advisors, cutting an estimated $389K.
- 60 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q2 2022, unchanged from Q1 2022.
- Funds reported $46.7M of Western Asset Intermediate Muni Fund stock for Q2 2022, down 5.7% quarter-over-quarter.
- 4 funds opened new Western Asset Intermediate Muni Fund positions in Q2 2022 and 3 closed out, a net change of +1 holder.
- The largest Western Asset Intermediate Muni Fund buyer in Q2 2022 was Morgan Stanley, an estimated $2.23M added.
- The largest Western Asset Intermediate Muni Fund seller in Q2 2022 was First Trust Advisors, an estimated $389K sold.
Based on aggregated 13F filings for Q2 2022.