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SBI

Western Asset Intermediate Muni Fund

43 hedge funds and large institutions have $19.9M invested in Western Asset Intermediate Muni Fund in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 14

1.78% more ownership

Funds ownership: 14.55%16.33% (+1.8%)

4% more capital invested

Capital invested by funds: $19.1M → $19.9M (+$790K)

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

2% less funds holding

Funds holding: 4443 (-1)

Holders
43
Holders Change
-1
Holders Change %
-2.27%
% of All Funds
0.99%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
17
Reduced
14
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$3.62M +$160K +17,672 +4%
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$1.7M +$497K +54,931 +39%
WT
3
Whittier Trust
California
$1.3M +$154K +17,048 +13%
RCM
4
Robinson Capital Management
Michigan
$1.18M +$1.23M +136,286 New
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$1.17M +$58.7K +6,486 +5%
SFWA
6
Summit Financial Wealth Advisors
Louisiana
$1.02M -$9.04K -1,000 -0.8%
CRC
7
Curi RMB Capital
Illinois
$1.01M +$723K +80,005 +215%
WTC
8
WhitTier Trust Company
Nevada
$1.01M +$343K +37,976 +48%
LTFS
9
Ladenburg Thalmann Financial Services
Florida
$737K +$25.3K +2,800 +3%
UBS Group
10
UBS Group
Switzerland
$639K -$526K -58,193 -44%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$563K +$124K +13,715 +27%
First Trust Advisors
12
First Trust Advisors
Illinois
$544K +$67.5K +7,466 +13%
Wells Fargo
13
Wells Fargo
California
$444K -$5.5K -608 -1%
RJA
14
Raymond James & Associates
Florida
$419K -$109K -12,033 -20%
KCM
15
Kempner Capital Management
Texas
$413K
LCM
16
Landscape Capital Management
New Jersey
$407K +$272K +30,058 +176%
Bank of America
17
Bank of America
North Carolina
$405K +$33.5K +3,701 +9%
OC
18
Oppenheimer & Co
New York
$378K +$136K +15,000 +52%
Janney Montgomery Scott
19
Janney Montgomery Scott
Pennsylvania
$334K -$22K -2,432 -6%
DA
20
Doliver Advisors
Texas
$258K -$66.8K -7,382 -20%
PMG
21
ProVise Management Group
Florida
$257K +$9.04K +1,000 +3%
HK
22
Horizon Kinetics
New York
$237K -$20.7K -2,289 -8%
TIM
23
Tortoise Investment Management
New York
$199K -$117K -12,890 -36%
AA
24
AQR Arbitrage
Connecticut
$177K +$186K +20,515 New
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$170K +$7.14K +790 +4%

SBI Hedge Fund Activity: Q1 2018 in Review

43 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q1 2018, worth a combined $19.9M — up 4.1% from $19.1M a quarter earlier.

Fund positioning in SBI was balanced in Q1 2018: 4 funds opened new positions, 4 closed out, 17 added to existing stakes and 14 trimmed.

The largest buyer was Robinson Capital Management, opening a new position worth an estimated $1.23M. The largest seller was UBS Group, cutting an estimated $526K.

  • 43 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q1 2018, down from 44 in Q4 2017.
  • Funds reported $19.9M of Western Asset Intermediate Muni Fund stock for Q1 2018, up 4.1% quarter-over-quarter.
  • 4 funds opened new Western Asset Intermediate Muni Fund positions in Q1 2018 and 4 closed out, a net change of 0 holders.
  • The largest Western Asset Intermediate Muni Fund buyer in Q1 2018 was Robinson Capital Management, an estimated $1.23M added.
  • The largest Western Asset Intermediate Muni Fund seller in Q1 2018 was UBS Group, an estimated $526K sold.

Based on aggregated 13F filings for Q1 2018.