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SBI

Western Asset Intermediate Muni Fund

63 hedge funds and large institutions have $48.2M invested in Western Asset Intermediate Muni Fund in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 5

13% more funds holding

Funds holding: 5663 (+7)

4% more capital invested

Capital invested by funds: $46.2M → $48.2M (+$1.97M)

0.95% more ownership

Funds ownership: 36.31%37.26% (+0.95%)

35% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 20

Holders
63
Holders Change
+7
Holders Change %
+12.5%
% of All Funds
1.11%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
13
Reduced
20
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$11.1M +$1.69M +187,205 +18%
KIM
2
Karpus Investment Management
New York
$7.01M -$75K -8,300 -1%
Wells Fargo
3
Wells Fargo
California
$3.17M -$64.7K -7,164 -2%
WTC
4
WhitTier Trust Company
Nevada
$2.7M -$151K -16,717 -5%
WT
5
Whittier Trust
California
$2.3M +$7.51K +832 +0.3%
Morgan Stanley
6
Morgan Stanley
New York
$2.03M -$657K -72,725 -25%
PPA
7
Parametric Portfolio Associates
Washington
$1.97M -$21.3K -2,355 -1%
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$1.97M -$648K -71,717 -25%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$1.4M -$145K -16,107 -10%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$1.07M +$18.4K +2,041 +2%
AAM
11
Advisors Asset Management
Colorado
$995K -$75K -8,301 -7%
ACA
12
Ackerman Capital Advisors
Texas
$903K -$28.6K -3,167 -3%
SFG
13
StrategIQ Financial Group
Indiana
$899K -$244 -27 -0%
APA
14
Allegiant Private Advisors
Florida
$829K +$814K +90,118 New
Fiera Capital (Canada)
15
Fiera Capital (Canada)
Quebec, Canada
$765K +$33.3K +3,683 +5%
PAS
16
Park Avenue Securities
New York
$754K +$46.6K +5,164 +7%
Mercer Global Advisors
17
Mercer Global Advisors
Colorado
$660K -$191K -21,140 -23%
SFWA
18
Summit Financial Wealth Advisors
Louisiana
$657K -$4.52K -500 -0.7%
First Trust Advisors
19
First Trust Advisors
Illinois
$561K +$35.5K +3,936 +7%
KAS
20
Kestra Advisory Services
Texas
$505K +$497K +55,006 New
KCM
21
Kempner Capital Management
Texas
$440K
RJA
22
Raymond James & Associates
Florida
$415K -$32.8K -3,636 -7%
LPL Financial
23
LPL Financial
California
$413K +$99.1K +10,975 +32%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$409K +$41.2K +4,560 +11%
Osaic Holdings
25
Osaic Holdings
Arizona
$405K -$50.8K -5,621 -11%

SBI Hedge Fund Activity: Q4 2020 in Review

63 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q4 2020, worth a combined $48.2M — up 4.3% from $46.2M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new SBI positions and 5 closed out — a net gain of 7 holders — while 13 added to existing stakes and 20 trimmed.

The largest buyer was 1607 Capital Partners, adding an estimated $1.69M. The largest seller was Morgan Stanley, cutting an estimated $657K.

  • 63 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q4 2020, up from 56 in Q3 2020.
  • Funds reported $48.2M of Western Asset Intermediate Muni Fund stock for Q4 2020, up 4.3% quarter-over-quarter.
  • 12 funds opened new Western Asset Intermediate Muni Fund positions in Q4 2020 and 5 closed out, a net change of +7 holders.
  • The largest Western Asset Intermediate Muni Fund buyer in Q4 2020 was 1607 Capital Partners, an estimated $1.69M added.
  • The largest Western Asset Intermediate Muni Fund seller in Q4 2020 was Morgan Stanley, an estimated $657K sold.

Based on aggregated 13F filings for Q4 2020.