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SBI

Western Asset Intermediate Muni Fund

54 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 9 funds opening new positions, 24 increasing their positions, 5 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

380% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 5

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

6% more funds holding

Funds holding: 5154 (+3)

0% more capital invested

Capital invested by funds: $31.7M → $31.7M (+$85.3K)

1.01% less ownership

Funds ownership: 26.93%25.92% (-1%)

Holders
54
Holders Change
+3
Holders Change %
+5.88%
% of All Funds
1.17%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
24
Reduced
5
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$4.81M +$637K +73,554 +16%
Morgan Stanley
2
Morgan Stanley
New York
$4.27M +$387K +44,681 +10%
1CP
3
1607 Capital Partners
Virginia
$3.72M +$56.3K +6,500 +2%
WTC
4
WhitTier Trust Company
Nevada
$2M +$133K +15,344 +7%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$1.82M +$65K +7,507 +4%
WT
6
Whittier Trust
California
$1.54M +$234K +27,052 +18%
PPA
7
Parametric Portfolio Associates
Washington
$1.4M +$959K +110,717 +230%
LTFS
8
Ladenburg Thalmann Financial Services
Florida
$1.11M +$133K +15,377 +14%
RCM
9
Robinson Capital Management
Michigan
$1.07M -$45.9K -5,299 -4%
LCM
10
Landscape Capital Management
New Jersey
$981K +$81.8K +9,449 +9%
WAM
11
Wolverine Asset Management
Illinois
$892K +$233K +26,852 +36%
SFWA
12
Summit Financial Wealth Advisors
Louisiana
$854K
SFG
13
StrategIQ Financial Group
Indiana
$714K +$212K +24,428 +43%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$643K +$278K +32,057 +78%
AA
15
AQR Arbitrage
Connecticut
$443K -$146K -16,912 -25%
First Trust Advisors
16
First Trust Advisors
Illinois
$443K +$42.4K +4,899 +11%
KCM
17
Kempner Capital Management
Texas
$421K
MIG
18
Mariner Investment Group
New York
$358K
UBS Group
19
UBS Group
Switzerland
$327K +$19.3K +2,232 +6%
OC
20
Oppenheimer & Co
New York
$302K -$22.5K -2,600 -7%
Bank of America
21
Bank of America
North Carolina
$299K +$39K +4,503 +15%
RJA
22
Raymond James & Associates
Florida
$281K +$27K +3,121 +11%
Envestnet Asset Management
23
Envestnet Asset Management
Illinois
$255K +$12.3K +1,415 +5%
PAS
24
Park Avenue Securities
New York
$253K +$250K +28,892 New
RJFSA
25
Raymond James Financial Services Advisors
Florida
$245K +$450 +52 +0.2%

SBI Hedge Fund Activity: Q1 2019 in Review

54 of the 4,620 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 — up 0.27% from $31.7M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new SBI positions and 4 closed out — a net gain of 5 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.

  • 54 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, up 0.27% quarter-over-quarter.
  • 9 funds opened new Western Asset Intermediate Muni Fund positions in Q1 2019 and 4 closed out, a net change of +5 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.