We are live on ! Find out more
SBI

Western Asset Intermediate Muni Fund

54 hedge funds and large institutions have $44.6M invested in Western Asset Intermediate Muni Fund in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $39M → $44.6M (+$5.54M)

4.84% more ownership

Funds ownership: 30.2%35.04% (+4.8%)

6% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 17

4% less funds holding

Funds holding: 5654 (-2)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

Holders
54
Holders Change
-2
Holders Change %
-3.57%
% of All Funds
1.06%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
18
Reduced
17
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$7.64M +$3.85M +419,868 +100%
Wells Fargo
2
Wells Fargo
California
$5.47M +$38.1K +4,155 +0.7%
Morgan Stanley
3
Morgan Stanley
New York
$5.19M +$463K +50,405 +10%
WTC
4
WhitTier Trust Company
Nevada
$2.47M +$248K +27,043 +11%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$2.27M +$1.78M +194,117 +346%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$2.13M +$256K +27,914 +14%
ACA
7
Ackerman Capital Advisors
Texas
$2M +$1.08M +117,131 +113%
Mercer Global Advisors
8
Mercer Global Advisors
Colorado
$1.93M -$38.5K -4,190 -2%
WT
9
Whittier Trust
California
$1.83M +$141K +15,319 +8%
PPA
10
Parametric Portfolio Associates
Washington
$1.35M -$10.5K -1,149 -0.8%
RJA
11
Raymond James & Associates
Florida
$1.31M +$652 +71 +0%
AAM
12
Advisors Asset Management
Colorado
$1.12M +$306K +33,381 +37%
LTFS
13
Ladenburg Thalmann Financial Services
Florida
$874K -$167K -18,225 -16%
SFG
14
StrategIQ Financial Group
Indiana
$873K -$7.95K -866 -0.9%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$850K +$267K +29,034 +45%
BFEC
16
Benjamin F. Edwards & Company
Missouri
$845K -$24.7K -2,689 -3%
SFWA
17
Summit Financial Wealth Advisors
Louisiana
$829K -$21.4K -2,333 -3%
First Trust Advisors
18
First Trust Advisors
Illinois
$488K -$47.9K -5,215 -9%
IAA
19
Independent Advisor Alliance
North Carolina
$441K +$446K +48,535 New
KCM
20
Kempner Capital Management
Texas
$434K
PAS
21
Park Avenue Securities
New York
$412K +$76.6K +8,342 +23%
AA
22
AQR Arbitrage
Connecticut
$332K -$57.7K -6,283 -15%
Stifel Financial
23
Stifel Financial
Missouri
$299K +$29.8K +3,245 +11%
UBS Group
24
UBS Group
Switzerland
$297K -$72.9K -7,937 -20%
TJHA
25
Thomas J. Herzfeld Advisors
Florida
$261K -$17.7K -1,925 -6%

SBI Hedge Fund Activity: Q4 2019 in Review

54 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q4 2019, worth a combined $44.6M — up 14% from $39M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of SBI and 4 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 18 added.

The largest buyer was 1607 Capital Partners, adding an estimated $3.85M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $862K sold.

  • 54 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q4 2019, down from 56 in Q3 2019.
  • Funds reported $44.6M of Western Asset Intermediate Muni Fund stock for Q4 2019, up 14% quarter-over-quarter.
  • 4 funds opened new Western Asset Intermediate Muni Fund positions in Q4 2019 and 6 closed out, a net change of -2 holders.
  • The largest Western Asset Intermediate Muni Fund buyer in Q4 2019 was 1607 Capital Partners, an estimated $3.85M added.
  • The largest Western Asset Intermediate Muni Fund seller in Q4 2019 was Robinson Capital Management, an estimated $862K sold.

Based on aggregated 13F filings for Q4 2019.