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SBI

Western Asset Intermediate Muni Fund

41 hedge funds and large institutions have $20.8M invested in Western Asset Intermediate Muni Fund in 2016 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 10

0.33% less ownership

Funds ownership: 14.33%14% (-0.33%)

3% less capital invested

Capital invested by funds: $21.3M → $20.8M (-$553K)

5% less funds holding

Funds holding: 4341 (-2)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 2

Holders
41
Holders Change
-2
Holders Change %
-4.65%
% of All Funds
1.09%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
12
Reduced
10
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$5.78M +$741K +70,284 +15%
WT
2
Whittier Trust
California
$1.54M
Commonwealth Equity Services
3
Commonwealth Equity Services
Massachusetts
$1.27M -$10.5K -1,000 -0.8%
RJA
4
Raymond James & Associates
Florida
$1.19M +$144K +13,622 +14%
SFWA
5
Summit Financial Wealth Advisors
Louisiana
$1.09M +$59K +5,600 +6%
WTC
6
WhitTier Trust Company
Nevada
$918K -$52.7K -5,000 -5%
HK
7
Horizon Kinetics
New York
$828K
LTFS
8
Ladenburg Thalmann Financial Services
Florida
$710K
Wells Fargo
9
Wells Fargo
California
$693K -$227K -21,564 -25%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$692K +$70.1K +6,652 +11%
RCM
11
Robinson Capital Management
Michigan
$600K -$721K -68,369 -55%
KCM
12
Kempner Capital Management
Texas
$504K
UBS Group
13
UBS Group
Switzerland
$442K -$127K -12,060 -22%
Bank of America
14
Bank of America
North Carolina
$407K -$42.5K -4,033 -9%
TIM
15
Tortoise Investment Management
New York
$379K
First Trust Advisors
16
First Trust Advisors
Illinois
$363K +$149K +14,100 +69%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$327K +$53.1K +5,035 +19%
MFS
18
MSI Financial Services
Massachusetts
$310K +$69.7K +6,606 +29%
CIBC Private Wealth Group
19
CIBC Private Wealth Group
Georgia
$309K
PMG
20
ProVise Management Group
Florida
$309K +$139K +13,188 +82%
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$216K -$166K -15,710 -43%
LPL Financial
22
LPL Financial
California
$214K -$10.1K -956 -4%
Baird Financial Group
23
Baird Financial Group
Wisconsin
$213K
CWM
24
Concert Wealth Management
California
$205K
SC
25
Stratford Consulting
Texas
$195K +$2.19K +208 +1%

SBI Hedge Fund Activity: Q3 2016 in Review

41 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q3 2016, worth a combined $20.8M — down 2.6% from $21.3M a quarter earlier.

Sellers outnumbered buyers: 2 funds closed out of SBI and 0 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 12 added.

The largest buyer was Morgan Stanley, adding an estimated $741K. The largest seller was Robinson Capital Management, cutting an estimated $721K.

  • 41 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q3 2016, down from 43 in Q2 2016.
  • Funds reported $20.8M of Western Asset Intermediate Muni Fund stock for Q3 2016, down 2.6% quarter-over-quarter.
  • 0 funds opened new Western Asset Intermediate Muni Fund positions in Q3 2016 and 2 closed out, a net change of -2 holders.
  • The largest Western Asset Intermediate Muni Fund buyer in Q3 2016 was Morgan Stanley, an estimated $741K added.
  • The largest Western Asset Intermediate Muni Fund seller in Q3 2016 was Robinson Capital Management, an estimated $721K sold.

Based on aggregated 13F filings for Q3 2016.