Western Asset Intermediate Muni Fund
SBI
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.
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: 44 → 43 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.23M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$723K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$497K |
| 4 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
+$343K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$526K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$352K |
| 3 |
TSS
Two Sigma Securities
New York
|
-$163K |
| 4 |
T
Thomaspartners
Boston,
Massachusetts
|
-$140K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$117K |
SBI Hedge Fund Activity: Q1 2018 in Review
43 of the 4,373 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.