Western Asset Intermediate Muni Fund
SBI
53 hedge funds and large institutions have $31.7M invested in Western Asset Intermediate Muni Fund in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 5 reducing their positions, and 4 closing their positions.
380% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 5
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
4% more funds holding
Funds holding: 51 → 53 (+2)
0% less capital invested
Capital invested by funds: $31.9M → $31.7M (-$152K)
1.55% less ownership
Funds ownership: 27.13% → 25.58% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$959K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$637K |
| 3 |
Morgan Stanley
New York
|
+$387K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$278K |
| 5 |
PAS
Park Avenue Securities
New York
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.74M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$376K |
| 3 |
CF
Centaurus Financial
Anaheim,
California
|
-$237K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$188K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$146K |
SBI Hedge Fund Activity: Q1 2019 in Review
53 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q1 2019, worth a combined $31.7M — down 0.48% from $31.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SBI positions and 4 closed out — a net gain of 4 holders — while 24 added to existing stakes and 5 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $959K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.74M sold.
- 53 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q1 2019, up from 51 in Q4 2018.
- Funds reported $31.7M of Western Asset Intermediate Muni Fund stock for Q1 2019, down 0.48% quarter-over-quarter.
- 8 funds opened new Western Asset Intermediate Muni Fund positions in Q1 2019 and 4 closed out, a net change of +4 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q1 2019 was Parametric Portfolio Associates, an estimated $959K added.
- The largest Western Asset Intermediate Muni Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $1.74M sold.
Based on aggregated 13F filings for Q1 2019.