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SBI

Western Asset Intermediate Muni Fund

54 hedge funds and large institutions have $54.4M invested in Western Asset Intermediate Muni Fund in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 16

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

0.67% less ownership

Funds ownership: 40.35%39.68% (-0.67%)

2% less capital invested

Capital invested by funds: $55.4M → $54.4M (-$1.03M)

4% less funds holding

Funds holding: 5654 (-2)

Holders
54
Holders Change
-2
Holders Change %
-3.57%
% of All Funds
0.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
17
Reduced
16
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$14M -$180K -18,408 -1%
KIM
2
Karpus Investment Management
New York
$7.54M -$4.4K -450 -0.1%
Wells Fargo
3
Wells Fargo
California
$3.3M -$222K -22,746 -6%
WTC
4
WhitTier Trust Company
Nevada
$3.26M +$55.8K +5,706 +2%
PPA
5
Parametric Portfolio Associates
Washington
$3.02M -$111K -11,323 -4%
WT
6
Whittier Trust
California
$2.44M -$71.4K -7,306 -3%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$2.23M +$97.9K +10,017 +5%
RCM
8
Rivernorth Capital Management
Florida
$1.89M +$152K +15,545 +9%
Morgan Stanley
9
Morgan Stanley
New York
$1.88M +$8.08K +827 +0.4%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$1.54M +$42.5K +4,352 +3%
RCM
11
Robinson Capital Management
Michigan
$1.03M +$1.96K +201 +0.2%
First Trust Advisors
12
First Trust Advisors
Illinois
$959K +$229K +23,392 +31%
LPL Financial
13
LPL Financial
California
$945K +$120K +12,260 +14%
PAS
14
Park Avenue Securities
New York
$940K +$57.1K +5,843 +6%
SFG
15
StrategIQ Financial Group
Indiana
$876K -$14.5K -1,488 -2%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$708K -$103K -10,506 -13%
SFWA
17
Summit Financial Wealth Advisors
Louisiana
$692K
Mercer Global Advisors
18
Mercer Global Advisors
Colorado
$602K -$22K -2,248 -4%
KCM
19
Kempner Capital Management
Texas
$466K
RJFSA
20
Raymond James Financial Services Advisors
Florida
$436K +$1.42K +145 +0.3%
TJHA
21
Thomas J. Herzfeld Advisors
Florida
$432K -$31.6K -3,234 -7%
Osaic Holdings
22
Osaic Holdings
Arizona
$431K +$342 +35 +0.1%
ACA
23
Ackerman Capital Advisors
Texas
$413K +$39.6K +4,054 +11%
Mariner
24
Mariner
Kansas
$368K +$368K +37,713 New
UBS Group
25
UBS Group
Switzerland
$307K -$42.4K -4,335 -12%

SBI Hedge Fund Activity: Q3 2021 in Review

54 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q3 2021, worth a combined $54.4M — down 1.9% from $55.4M a quarter earlier.

Fund positioning in SBI was balanced in Q3 2021: 4 funds opened new positions, 4 closed out, 17 added to existing stakes and 16 trimmed.

The largest buyer was Mariner, opening a new position worth an estimated $368K. The largest seller was Advisors Asset Management, exiting entirely with an estimated $561K sold.

  • 54 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q3 2021, down from 56 in Q2 2021.
  • Funds reported $54.4M of Western Asset Intermediate Muni Fund stock for Q3 2021, down 1.9% quarter-over-quarter.
  • 4 funds opened new Western Asset Intermediate Muni Fund positions in Q3 2021 and 4 closed out, a net change of 0 holders.
  • The largest Western Asset Intermediate Muni Fund buyer in Q3 2021 was Mariner, an estimated $368K added.
  • The largest Western Asset Intermediate Muni Fund seller in Q3 2021 was Advisors Asset Management, an estimated $561K sold.

Based on aggregated 13F filings for Q3 2021.