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SBI

Western Asset Intermediate Muni Fund

67 hedge funds and large institutions have $50.6M invested in Western Asset Intermediate Muni Fund in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more funds holding

Funds holding: 6067 (+7)

3.66% more ownership

Funds ownership: 46.66%50.32% (+3.7%)

1% more capital invested

Capital invested by funds: $50M → $50.6M (+$655K)

22% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 23

Holders
67
Holders Change
+7
Holders Change %
+11.67%
% of All Funds
1.06%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
18
Reduced
23
Closed
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$9.82M
SCM
2
Saba Capital Management
New York
$7.52M +$1.33M +176,524 +20%
SIA
3
Sit Investment Associates
Minnesota
$4.34M +$2.14M +284,430 +88%
RCM
4
Rivernorth Capital Management
Florida
$3.66M -$461K -61,309 -11%
Morgan Stanley
5
Morgan Stanley
New York
$3.13M -$152K -20,208 -4%
Allspring Global Investments
6
Allspring Global Investments
North Carolina
$2.15M
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$1.7M
WTC
8
WhitTier Trust Company
Nevada
$1.44M -$199K -26,509 -12%
LPL Financial
9
LPL Financial
California
$1.34M -$7.91K -1,053 -0.6%
TIM
10
Tortoise Investment Management
New York
$1.3M -$111K -14,797 -8%
LSC
11
Logan Stone Capital
Illinois
$1.15M +$467K +62,080 +63%
WT
12
Whittier Trust
California
$980K -$253K -33,617 -20%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$844K -$9.08K -1,208 -1%
UBS Group
14
UBS Group
Switzerland
$713K +$17.2K +2,295 +2%
SIA
15
SkyView Investment Advisors
New Jersey
$684K
AA
16
AQR Arbitrage
Connecticut
$670K +$252K +33,473 +56%
PAS
17
Park Avenue Securities
New York
$665K +$1.17K +156 +0.2%
RCM
18
Robinson Capital Management
Michigan
$626K
RPA
19
Rock Point Advisors
Vermont
$596K -$1.13K -150 -0.2%
SFG
20
StrategIQ Financial Group
Indiana
$575K -$16.6K -2,210 -3%
SFWA
21
Summit Financial Wealth Advisors
Louisiana
$467K -$57.9K -7,700 -11%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$459K -$38.4K -5,108 -7%
API
23
Advisor Partners II
California
$451K +$473K +62,979 New
AC
24
Almitas Capital
California
$405K -$66.3K -8,822 -13%
BI
25
Bulldog Investors
New Jersey
$348K +$186K +24,800 +104%

SBI Hedge Fund Activity: Q3 2023 in Review

67 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q3 2023, worth a combined $50.6M — up 1.3% from $50M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new SBI positions and 0 closed out — a net gain of 7 holders — while 18 added to existing stakes and 23 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $2.14M. The largest seller was Rivernorth Capital Management, cutting an estimated $461K.

  • 67 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q3 2023, up from 60 in Q2 2023.
  • Funds reported $50.6M of Western Asset Intermediate Muni Fund stock for Q3 2023, up 1.3% quarter-over-quarter.
  • 7 funds opened new Western Asset Intermediate Muni Fund positions in Q3 2023 and 0 closed out, a net change of +7 holders.
  • The largest Western Asset Intermediate Muni Fund buyer in Q3 2023 was Sit Investment Associates, an estimated $2.14M added.
  • The largest Western Asset Intermediate Muni Fund seller in Q3 2023 was Rivernorth Capital Management, an estimated $461K sold.

Based on aggregated 13F filings for Q3 2023.