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SBI

Western Asset Intermediate Muni Fund

56 hedge funds and large institutions have $55.4M invested in Western Asset Intermediate Muni Fund in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 14

8% more capital invested

Capital invested by funds: $51.5M → $55.4M (+$3.92M)

0.1% more ownership

Funds ownership: 40.25%40.35% (+0.1%)

7% less funds holding

Funds holding: 6056 (-4)

57% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 7

Holders
56
Holders Change
-4
Holders Change %
-6.67%
% of All Funds
0.97%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
22
Reduced
14
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$14.2M +$118K +12,300 +0.9%
KIM
2
Karpus Investment Management
New York
$7.56M
Wells Fargo
3
Wells Fargo
California
$3.53M +$101K +10,543 +3%
WTC
4
WhitTier Trust Company
Nevada
$3.21M +$37.8K +3,956 +1%
PPA
5
Parametric Portfolio Associates
Washington
$3.14M -$107K -11,197 -3%
WT
6
Whittier Trust
California
$2.52M +$554 +58 +0%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$2.13M -$28.7K -3,000 -1%
Morgan Stanley
8
Morgan Stanley
New York
$1.88M -$234K -24,508 -11%
RCM
9
Rivernorth Capital Management
Florida
$1.74M +$1.1M +115,139 +184%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$1.5M +$31.8K +3,326 +2%
RCM
11
Robinson Capital Management
Michigan
$1.02M +$1M +105,000 New
SFG
12
StrategIQ Financial Group
Indiana
$892K -$73.4K -7,688 -8%
PAS
13
Park Avenue Securities
New York
$885K +$39.3K +4,117 +5%
LPL Financial
14
LPL Financial
California
$827K +$239K +25,020 +42%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$812K +$3.28K +343 +0.4%
First Trust Advisors
16
First Trust Advisors
Illinois
$733K +$59.9K +6,272 +9%
SFWA
17
Summit Financial Wealth Advisors
Louisiana
$693K -$9.55K -1,000 -1%
Mercer Global Advisors
18
Mercer Global Advisors
Colorado
$626K -$10.1K -1,062 -2%
AAM
19
Advisors Asset Management
Colorado
$561K -$474K -49,584 -46%
APA
20
Allegiant Private Advisors
Florida
$556K -$44.9K -4,700 -8%
Fiera Capital (Canada)
21
Fiera Capital (Canada)
Quebec, Canada
$513K -$69.6K -7,281 -12%
KCM
22
Kempner Capital Management
Texas
$467K
TJHA
23
Thomas J. Herzfeld Advisors
Florida
$464K +$8.4K +879 +2%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$436K +$621 +65 +0.1%
Osaic Holdings
25
Osaic Holdings
Arizona
$431K +$869 +91 +0.2%

SBI Hedge Fund Activity: Q2 2021 in Review

56 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q2 2021, worth a combined $55.4M — up 7.6% from $51.5M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of SBI and 3 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 22 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $1.1M. The largest seller was Advisors Asset Management, cutting an estimated $474K.

  • 56 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q2 2021, down from 60 in Q1 2021.
  • Funds reported $55.4M of Western Asset Intermediate Muni Fund stock for Q2 2021, up 7.6% quarter-over-quarter.
  • 3 funds opened new Western Asset Intermediate Muni Fund positions in Q2 2021 and 7 closed out, a net change of -4 holders.
  • The largest Western Asset Intermediate Muni Fund buyer in Q2 2021 was Rivernorth Capital Management, an estimated $1.1M added.
  • The largest Western Asset Intermediate Muni Fund seller in Q2 2021 was Advisors Asset Management, an estimated $474K sold.

Based on aggregated 13F filings for Q2 2021.