Western Asset Intermediate Muni Fund
SBI
26 hedge funds and large institutions have $10.7M invested in Western Asset Intermediate Muni Fund in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
8% more funds holding
Funds holding: 24 → 26 (+2)
8% more capital invested
Capital invested by funds: $9.95M → $10.7M (+$785K)
0.92% more ownership
Funds ownership: 7.44% → 8.36% (+0.92%)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$584K |
| 2 |
WT
Whittier Trust
South Pasadena,
California
|
+$472K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$460K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$330K |
| 5 |
Morgan Stanley
New York
|
+$55.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$358K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$180K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$92.1K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$74.7K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$69.9K |
SBI Hedge Fund Activity: Q3 2013 in Review
26 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q3 2013, worth a combined $10.7M — up 7.9% from $9.95M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SBI positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 10 trimmed.
The largest buyer was Advisors Asset Management, opening a new position worth an estimated $584K. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $358K sold.
- 26 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q3 2013, up from 24 in Q2 2013.
- Funds reported $10.7M of Western Asset Intermediate Muni Fund stock for Q3 2013, up 7.9% quarter-over-quarter.
- 3 funds opened new Western Asset Intermediate Muni Fund positions in Q3 2013 and 1 closed out, a net change of +2 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q3 2013 was Advisors Asset Management, an estimated $584K added.
- The largest Western Asset Intermediate Muni Fund seller in Q3 2013 was Raymond James Financial Services Advisors, an estimated $358K sold.
Based on aggregated 13F filings for Q3 2013.