Western Asset Intermediate Muni Fund
SBI
58 hedge funds and large institutions have $53.9M invested in Western Asset Intermediate Muni Fund in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 26 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
0% more funds holding
Funds holding: 58 → 58 (0)
4% less capital invested
Capital invested by funds: $56M → $53.9M (-$2.09M)
1.51% less ownership
Funds ownership: 50.28% → 48.77% (-1.5%)
50% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.39M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$982K |
| 3 |
Bank of New York Mellon
New York
|
+$809K |
| 4 |
AGM
Alpine Global Management
New York
|
+$481K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$433K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$6.28M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$755K |
| 3 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
-$516K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$464K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$383K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Osaic Holdings
Scottsdale,
Arizona
| $56.3K | -$1.24K | -160 | -2% |
|
52
Bank of America
Charlotte,
North Carolina
| $39.6K | -$6.98K | -898 | -15% |
|
|
AWM
53
Avior Wealth Management
Omaha,
Nebraska
| $14.4K | – | – | – |
|
|
SWA
54
SOA Wealth Advisors
New York
| $3.8K | – | – | – |
|
|
NA
55
NewEdge Advisors
New Orleans,
Louisiana
| $3.33K | – | – | – |
|
|
SPIA
56
Steward Partners Investment Advisory
New York
| $2.76K | – | – | – |
|
|
SWM
57
Spire Wealth Management
Mclean,
Virginia
| $2.59K | – | – | – |
|
58
Bessemer Group
Woodbridge,
New Jersey
| $1K | -$109 | -14 | -7% |
|
59
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$138K | -17,484 | Closed |
|
60
Comerica Bank
Dallas,
Texas
| – | -$1.07K | -135 | Closed |
|
SBI Hedge Fund Activity: Q2 2024 in Review
58 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q2 2024, worth a combined $53.9M — down 3.7% from $56M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SBI positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 26 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.39M. The largest seller was Saba Capital Management, cutting an estimated $6.28M.
- 58 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $53.9M of Western Asset Intermediate Muni Fund stock for Q2 2024, down 3.7% quarter-over-quarter.
- 4 funds opened new Western Asset Intermediate Muni Fund positions in Q2 2024 and 3 closed out, a net change of +1 holder.
- The largest Western Asset Intermediate Muni Fund buyer in Q2 2024 was Rivernorth Capital Management, an estimated $4.39M added.
- The largest Western Asset Intermediate Muni Fund seller in Q2 2024 was Saba Capital Management, an estimated $6.28M sold.
Based on aggregated 13F filings for Q2 2024.