Western Asset Intermediate Muni Fund
SBI
34 hedge funds and large institutions have $17.8M invested in Western Asset Intermediate Muni Fund in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 3 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
10% more capital invested
Capital invested by funds: $16.1M → $17.8M (+$1.68M)
6% more funds holding
Funds holding: 32 → 34 (+2)
1.18% more ownership
Funds ownership: 11.78% → 12.96% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$611K |
| 2 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
+$263K |
| 3 |
Morgan Stanley
New York
|
+$236K |
| 4 |
WT
Whittier Trust
South Pasadena,
California
|
+$222K |
| 5 |
CWM
Concert Wealth Management
San Jose,
California
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$107K |
| 2 |
CHC
City Holding Co
Charleston,
West Virginia
|
-$105K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$103K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$19.1K |
| 5 |
FM
Foster & Motley
Cincinnati,
Ohio
|
-$18.5K |
SBI Hedge Fund Activity: Q4 2014 in Review
34 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q4 2014, worth a combined $17.8M — up 10% from $16.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SBI positions and 3 closed out — a net gain of 4 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $611K. The largest seller was Financial & Investment Management Group, exiting entirely with an estimated $107K sold.
- 34 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q4 2014, up from 32 in Q3 2014.
- Funds reported $17.8M of Western Asset Intermediate Muni Fund stock for Q4 2014, up 10% quarter-over-quarter.
- 7 funds opened new Western Asset Intermediate Muni Fund positions in Q4 2014 and 3 closed out, a net change of +4 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q4 2014 was Ladenburg Thalmann Financial Services, an estimated $611K added.
- The largest Western Asset Intermediate Muni Fund seller in Q4 2014 was Financial & Investment Management Group, an estimated $107K sold.
Based on aggregated 13F filings for Q4 2014.