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SBI

Western Asset Intermediate Muni Fund

44 hedge funds and large institutions have $19.1M invested in Western Asset Intermediate Muni Fund in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

44% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 9

16% more funds holding

Funds holding: 3844 (+6)

0.61% more ownership

Funds ownership: 13.94%14.55% (+0.61%)

0% less capital invested

Capital invested by funds: $19.1M → $19.1M (-$13.8K)

Holders
44
Holders Change
+6
Holders Change %
+15.79%
% of All Funds
1%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
13
Reduced
9
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$3.74M -$337K -35,429 -8%
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$1.32M +$156K +16,395 +13%
WT
3
Whittier Trust
California
$1.24M -$113K -11,890 -8%
UBS Group
4
UBS Group
Switzerland
$1.23M +$484K +50,858 +63%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$1.2M +$9.17K +963 +0.8%
SFWA
6
Summit Financial Wealth Advisors
Louisiana
$1.11M +$355K +37,300 +46%
LTFS
7
Ladenburg Thalmann Financial Services
Florida
$768K -$6.36K -668 -0.8%
WTC
8
WhitTier Trust Company
Nevada
$733K +$5.03K +528 +0.7%
RJA
9
Raymond James & Associates
Florida
$564K -$665K -69,861 -54%
First Trust Advisors
10
First Trust Advisors
Illinois
$518K -$30.4K -3,197 -5%
Wells Fargo
11
Wells Fargo
California
$484K -$55.2K -5,799 -10%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$480K -$369K -38,718 -43%
KCM
13
Kempner Capital Management
Texas
$445K
Bank of America
14
Bank of America
North Carolina
$403K +$33K +3,470 +9%
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$383K +$39.5K +4,150 +11%
COLIM
16
City of London Investment Management
United Kingdom
$352K +$360K +37,761 New
DA
17
Doliver Advisors
Texas
$347K +$38.1K +4,004 +12%
CRC
18
Curi RMB Capital
Illinois
$346K +$116K +12,162 +49%
TIM
19
Tortoise Investment Management
New York
$335K
HK
20
Horizon Kinetics
New York
$277K -$97.4K -10,222 -26%
WAM
21
Wolverine Asset Management
Illinois
$273K +$279K +29,332 New
PMG
22
ProVise Management Group
Florida
$268K
OC
23
Oppenheimer & Co
New York
$268K +$274K +28,750 New
LNC
24
Lincoln National Corp
Pennsylvania
$200K +$102K +10,720 +100%
SC
25
Stratford Consulting
Texas
$182K +$2.66K +279 +1%

SBI Hedge Fund Activity: Q4 2017 in Review

44 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q4 2017, worth a combined $19.1M — down 0.07% from $19.1M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new SBI positions and 3 closed out — a net gain of 6 holders — while 13 added to existing stakes and 9 trimmed.

The largest buyer was UBS Group, adding an estimated $484K. The largest seller was Raymond James & Associates, cutting an estimated $665K.

  • 44 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q4 2017, up from 38 in Q3 2017.
  • Funds reported $19.1M of Western Asset Intermediate Muni Fund stock for Q4 2017, down 0.07% quarter-over-quarter.
  • 9 funds opened new Western Asset Intermediate Muni Fund positions in Q4 2017 and 3 closed out, a net change of +6 holders.
  • The largest Western Asset Intermediate Muni Fund buyer in Q4 2017 was UBS Group, an estimated $484K added.
  • The largest Western Asset Intermediate Muni Fund seller in Q4 2017 was Raymond James & Associates, an estimated $665K sold.

Based on aggregated 13F filings for Q4 2017.