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SBI

Western Asset Intermediate Muni Fund

49 hedge funds and large institutions have $42.8M invested in Western Asset Intermediate Muni Fund in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 9 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

144% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 9

1.26% more ownership

Funds ownership: 35.04%36.3% (+1.3%)

4% less capital invested

Capital invested by funds: $44.6M → $42.8M (-$1.77M)

9% less funds holding

Funds holding: 5449 (-5)

33% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 9

Holders
49
Holders Change
-5
Holders Change %
-9.26%
% of All Funds
1.08%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
22
Reduced
9
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$8.73M +$1.77M +194,300 +23%
Wells Fargo
2
Wells Fargo
California
$5.31M +$251K +27,501 +5%
Morgan Stanley
3
Morgan Stanley
New York
$5.01M +$210K +22,964 +4%
WTC
4
WhitTier Trust Company
Nevada
$2.57M +$301K +32,913 +12%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$2.44M +$507K +55,519 +24%
WT
6
Whittier Trust
California
$2.04M +$363K +39,758 +20%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$2M -$123K -13,431 -5%
PPA
8
Parametric Portfolio Associates
Washington
$1.58M +$355K +38,824 +26%
Mercer Global Advisors
9
Mercer Global Advisors
Colorado
$1.58M -$230K -25,166 -12%
RJA
10
Raymond James & Associates
Florida
$1.22M +$10.6K +1,158 +0.8%
AAM
11
Advisors Asset Management
Colorado
$1M -$42.1K -4,615 -4%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$947K +$172K +18,789 +20%
BFEC
13
Benjamin F. Edwards & Company
Missouri
$805K +$22.1K +2,423 +3%
Osaic Holdings
14
Osaic Holdings
Arizona
$774K +$839K +91,843 New
SFG
15
StrategIQ Financial Group
Indiana
$760K -$53.8K -5,896 -6%
SFWA
16
Summit Financial Wealth Advisors
Louisiana
$683K -$18.3K -2,000 -2%
AWA
17
Arete Wealth Advisors
Illinois
$492K +$533K +58,344 New
First Trust Advisors
18
First Trust Advisors
Illinois
$453K -$393 -43 -0.1%
MF
19
Manchester Financial
California
$410K +$444K +48,610 New
KCM
20
Kempner Capital Management
Texas
$403K
UBS Group
21
UBS Group
Switzerland
$392K +$127K +13,873 +42%
AA
22
AQR Arbitrage
Connecticut
$320K +$13.7K +1,498 +4%
Stifel Financial
23
Stifel Financial
Missouri
$290K +$14.1K +1,548 +5%
TJHA
24
Thomas J. Herzfeld Advisors
Florida
$264K +$23.5K +2,577 +9%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$259K +$31.7K +3,468 +13%

SBI Hedge Fund Activity: Q1 2020 in Review

49 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q1 2020, worth a combined $42.8M — down 4% from $44.6M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of SBI and 6 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 22 added.

The largest buyer was 1607 Capital Partners, adding an estimated $1.77M. The largest seller was Ackerman Capital Advisors, cutting an estimated $1.8M.

  • 49 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q1 2020, down from 54 in Q4 2019.
  • Funds reported $42.8M of Western Asset Intermediate Muni Fund stock for Q1 2020, down 4% quarter-over-quarter.
  • 6 funds opened new Western Asset Intermediate Muni Fund positions in Q1 2020 and 9 closed out, a net change of -3 holders.
  • The largest Western Asset Intermediate Muni Fund buyer in Q1 2020 was 1607 Capital Partners, an estimated $1.77M added.
  • The largest Western Asset Intermediate Muni Fund seller in Q1 2020 was Ackerman Capital Advisors, an estimated $1.8M sold.

Based on aggregated 13F filings for Q1 2020.