Western Asset Intermediate Muni Fund
SBI
43 hedge funds and large institutions have $21.3M invested in Western Asset Intermediate Muni Fund in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
16% more capital invested
Capital invested by funds: $18.3M → $21.3M (+$3.01M)
10% more funds holding
Funds holding: 39 → 43 (+4)
1.77% more ownership
Funds ownership: 12.56% → 14.33% (+1.8%)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.32M |
| 2 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
+$1.03M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$323K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$264K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$207K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$285K |
| 2 |
LPL Financial
San Diego,
California
|
-$193K |
| 3 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
-$191K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$116K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$109K |
SBI Hedge Fund Activity: Q2 2016 in Review
43 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q2 2016, worth a combined $21.3M — up 16% from $18.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SBI positions and 3 closed out — a net gain of 4 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $1.32M. The largest seller was Wells Fargo, cutting an estimated $285K.
- 43 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q2 2016, up from 39 in Q1 2016.
- Funds reported $21.3M of Western Asset Intermediate Muni Fund stock for Q2 2016, up 16% quarter-over-quarter.
- 7 funds opened new Western Asset Intermediate Muni Fund positions in Q2 2016 and 3 closed out, a net change of +4 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q2 2016 was Robinson Capital Management, an estimated $1.32M added.
- The largest Western Asset Intermediate Muni Fund seller in Q2 2016 was Wells Fargo, an estimated $285K sold.
Based on aggregated 13F filings for Q2 2016.