Western Asset Intermediate Muni Fund
SBI
63 hedge funds and large institutions have $45M invested in Western Asset Intermediate Muni Fund in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
5% more funds holding
Funds holding: 60 → 63 (+3)
2.36% more ownership
Funds ownership: 41.2% → 43.57% (+2.4%)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
4% less capital invested
Capital invested by funds: $46.7M → $45M (-$1.68M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$765K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$668K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$404K |
| 4 |
RPA
Rock Point Advisors
Burlington,
Vermont
|
+$232K |
| 5 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$135K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$83K |
| 3 |
Mariner
Overland Park,
Kansas
|
-$82.1K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$70.3K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$65.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WFA
51
Wellspring Financial Advisors
Cleveland,
Ohio
| $76K | – | – | – |
|
52
Bank of America
Charlotte,
North Carolina
| $62K | +$61.7K | +7,697 | +976% |
|
|
AC
53
Almitas Capital
Santa Monica,
California
| $35K | -$135K | -16,838 | -78% |
|
|
BEI
54
Benjamin Edwards Inc
Clayton,
Missouri
| $18K | +$176 | +22 | +0.9% |
|
|
SPIA
55
Steward Partners Investment Advisory
New York
| $7K | -$2.64K | -330 | -25% |
|
|
UB
56
UMB Bank
Kansas City,
Missouri
| $6K | – | – | – |
|
57
US Bancorp
Minneapolis,
Minnesota
| $4K | – | – | – |
|
|
SWA
58
SOA Wealth Advisors
New York
| $3K | – | – | – |
|
|
SWM
59
Spire Wealth Management
Mclean,
Virginia
| $2K | – | – | – |
|
60
Bessemer Group
Woodbridge,
New Jersey
| $2K | +$104 | +13 | +4% |
|
|
IA
61
IFP Advisors
Tampa,
Florida
| $1K | -$16 | -2 | -2% |
|
|
GWM
62
Geneos Wealth Management
Englewood,
Colorado
| $1K | – | – | – |
|
63
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$28K | -3,470 | Closed |
|
SBI Hedge Fund Activity: Q3 2022 in Review
63 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q3 2022, worth a combined $45M — down 3.6% from $46.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SBI positions and 1 closed out — a net gain of 3 holders — while 21 added to existing stakes and 20 trimmed.
The largest buyer was SkyView Investment Advisors, opening a new position worth an estimated $765K. The largest seller was Almitas Capital, cutting an estimated $135K.
- 63 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q3 2022, up from 60 in Q2 2022.
- Funds reported $45M of Western Asset Intermediate Muni Fund stock for Q3 2022, down 3.6% quarter-over-quarter.
- 4 funds opened new Western Asset Intermediate Muni Fund positions in Q3 2022 and 1 closed out, a net change of +3 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q3 2022 was SkyView Investment Advisors, an estimated $765K added.
- The largest Western Asset Intermediate Muni Fund seller in Q3 2022 was Almitas Capital, an estimated $135K sold.
Based on aggregated 13F filings for Q3 2022.