Western Asset Intermediate Muni Fund
SBI
37 hedge funds and large institutions have $17.8M invested in Western Asset Intermediate Muni Fund in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 3 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
6% more funds holding
Funds holding: 35 → 37 (+2)
0.37% less ownership
Funds ownership: 13.17% → 12.8% (-0.37%)
23% less capital inflows, than outflows
Capital inflows: $1.66M | Capital outflows: $2.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$476K |
| 2 |
Morgan Stanley
New York
|
+$330K |
| 3 |
Oppenheimer & Co
New York
|
+$197K |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$167K |
| 5 |
Landscape Capital Management
Englewood,
New Jersey
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
-$1.76M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$280K |
| 3 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$97K |
| 4 |
WhitTier Trust Company
Reno,
Nevada
|
-$9.8K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$9.19K |
SBI Hedge Fund Activity: Q3 2015 in Review
37 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q3 2015, worth a combined $17.8M — down 1% from $18M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SBI positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $476K. The largest seller was Advisors Asset Management, exiting entirely with an estimated $1.76M sold.
- 37 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q3 2015, up from 35 in Q2 2015.
- Funds reported $17.8M of Western Asset Intermediate Muni Fund stock for Q3 2015, down 1% quarter-over-quarter.
- 5 funds opened new Western Asset Intermediate Muni Fund positions in Q3 2015 and 3 closed out, a net change of +2 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $476K added.
- The largest Western Asset Intermediate Muni Fund seller in Q3 2015 was Advisors Asset Management, an estimated $1.76M sold.
Based on aggregated 13F filings for Q3 2015.