Western Asset Intermediate Muni Fund
SBI
67 hedge funds and large institutions have $50.6M invested in Western Asset Intermediate Muni Fund in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 0 closing their positions.
12% more funds holding
Funds holding: 60 → 67 (+7)
3.66% more ownership
Funds ownership: 46.66% → 50.32% (+3.7%)
1% more capital invested
Capital invested by funds: $50M → $50.6M (+$655K)
22% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.14M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.33M |
| 3 |
API
Advisor Partners II
Walnut Creek,
California
|
+$473K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$467K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$461K |
| 2 |
WT
Whittier Trust
South Pasadena,
California
|
-$253K |
| 3 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
-$199K |
| 4 |
Morgan Stanley
New York
|
-$152K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$111K |
SBI Hedge Fund Activity: Q3 2023 in Review
67 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q3 2023, worth a combined $50.6M — up 1.3% from $50M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SBI positions and 0 closed out — a net gain of 7 holders — while 18 added to existing stakes and 23 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.14M. The largest seller was Rivernorth Capital Management, cutting an estimated $461K.
- 67 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q3 2023, up from 60 in Q2 2023.
- Funds reported $50.6M of Western Asset Intermediate Muni Fund stock for Q3 2023, up 1.3% quarter-over-quarter.
- 7 funds opened new Western Asset Intermediate Muni Fund positions in Q3 2023 and 0 closed out, a net change of +7 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q3 2023 was Sit Investment Associates, an estimated $2.14M added.
- The largest Western Asset Intermediate Muni Fund seller in Q3 2023 was Rivernorth Capital Management, an estimated $461K sold.
Based on aggregated 13F filings for Q3 2023.