Western Asset Intermediate Muni Fund
SBI
54 hedge funds and large institutions have $24.2M invested in Western Asset Intermediate Muni Fund in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
13% more funds holding
Funds holding: 48 → 54 (+6)
5% more capital invested
Capital invested by funds: $23M → $24.2M (+$1.16M)
1.48% more ownership
Funds ownership: 18.84% → 20.32% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$868K |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$756K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$436K |
| 4 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
+$435K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$353K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$969K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$498K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$337K |
| 4 |
Morgan Stanley
New York
|
-$264K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$216K |
SBI Hedge Fund Activity: Q3 2018 in Review
54 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q3 2018, worth a combined $24.2M — up 5.1% from $23M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SBI positions and 3 closed out — a net gain of 6 holders — while 16 added to existing stakes and 11 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $868K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $969K sold.
- 54 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q3 2018, up from 48 in Q2 2018.
- Funds reported $24.2M of Western Asset Intermediate Muni Fund stock for Q3 2018, up 5.1% quarter-over-quarter.
- 9 funds opened new Western Asset Intermediate Muni Fund positions in Q3 2018 and 3 closed out, a net change of +6 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q3 2018 was Rivernorth Capital Management, an estimated $868K added.
- The largest Western Asset Intermediate Muni Fund seller in Q3 2018 was Laurion Capital Management, an estimated $969K sold.
Based on aggregated 13F filings for Q3 2018.