Western Asset Intermediate Muni Fund
SBI
64 hedge funds and large institutions have $51.2M invested in Western Asset Intermediate Muni Fund in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 24 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
8% more funds holding
Funds holding: 59 → 64 (+5)
7% more capital invested
Capital invested by funds: $47.8M → $51.2M (+$3.44M)
1.6% more ownership
Funds ownership: 44.8% → 46.41% (+1.6%)
46% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.53M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.27M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.05M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
+$698K |
| 5 |
LPL Financial
San Diego,
California
|
+$237K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
-$961K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$766K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$579K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$576K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$462K |
SBI Hedge Fund Activity: Q1 2023 in Review
64 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q1 2023, worth a combined $51.2M — up 7.2% from $47.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SBI positions and 7 closed out — a net gain of 5 holders — while 13 added to existing stakes and 24 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $2.53M. The largest seller was WhitTier Trust Company, cutting an estimated $961K.
- 64 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q1 2023, up from 59 in Q4 2022.
- Funds reported $51.2M of Western Asset Intermediate Muni Fund stock for Q1 2023, up 7.2% quarter-over-quarter.
- 12 funds opened new Western Asset Intermediate Muni Fund positions in Q1 2023 and 7 closed out, a net change of +5 holders.
- The largest Western Asset Intermediate Muni Fund buyer in Q1 2023 was Sit Investment Associates, an estimated $2.53M added.
- The largest Western Asset Intermediate Muni Fund seller in Q1 2023 was WhitTier Trust Company, an estimated $961K sold.
Based on aggregated 13F filings for Q1 2023.