Western Asset Intermediate Muni Fund
SBI
39 hedge funds and large institutions have $18.3M invested in Western Asset Intermediate Muni Fund in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
8% more funds holding
Funds holding: 36 → 39 (+3)
5% more capital invested
Capital invested by funds: $17.5M → $18.3M (+$817K)
0.37% more ownership
Funds ownership: 12.18% → 12.56% (+0.37%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$399K |
| 2 |
Morgan Stanley
New York
|
+$277K |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$143K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$137K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$307K |
| 2 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
-$265K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$243K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$92.7K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$26.9K |
SBI Hedge Fund Activity: Q1 2016 in Review
39 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q1 2016, worth a combined $18.3M — up 4.7% from $17.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SBI positions and 2 closed out — a net gain of 3 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Horizon Kinetics, adding an estimated $399K. The largest seller was Peapack-Gladstone Financial Corp, exiting entirely with an estimated $307K sold.
- 39 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q1 2016, up from 36 in Q4 2015.
- Funds reported $18.3M of Western Asset Intermediate Muni Fund stock for Q1 2016, up 4.7% quarter-over-quarter.
- 5 funds opened new Western Asset Intermediate Muni Fund positions in Q1 2016 and 2 closed out, a net change of +3 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q1 2016 was Horizon Kinetics, an estimated $399K added.
- The largest Western Asset Intermediate Muni Fund seller in Q1 2016 was Peapack-Gladstone Financial Corp, an estimated $307K sold.
Based on aggregated 13F filings for Q1 2016.