Western Asset Intermediate Muni Fund
SBI
58 hedge funds and large institutions have $56M invested in Western Asset Intermediate Muni Fund in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 26 reducing their positions, and 9 closing their positions.
1% less capital invested
Capital invested by funds: $56.5M → $56M (-$426K)
1.91% less ownership
Funds ownership: 52.18% → 50.28% (-1.9%)
3% less funds holding
Funds holding: 60 → 58 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
54% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.83M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.35M |
| 3 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$670K |
| 4 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$665K |
| 5 |
AGM
Alpine Global Management
New York
|
+$621K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.77M |
| 2 |
Morgan Stanley
New York
|
-$1.8M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$568K |
| 4 |
SCM
Saba Capital Management
New York
|
-$548K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$469K |
SBI Hedge Fund Activity: Q1 2024 in Review
58 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q1 2024, worth a combined $56M — down 0.75% from $56.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SBI and 8 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 12 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.83M. The largest seller was 1607 Capital Partners, cutting an estimated $3.77M.
- 58 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q1 2024, down from 60 in Q4 2023.
- Funds reported $56M of Western Asset Intermediate Muni Fund stock for Q1 2024, down 0.75% quarter-over-quarter.
- 8 funds opened new Western Asset Intermediate Muni Fund positions in Q1 2024 and 9 closed out, a net change of -1 holder.
- The largest Western Asset Intermediate Muni Fund buyer in Q1 2024 was Rivernorth Capital Management, an estimated $3.83M added.
- The largest Western Asset Intermediate Muni Fund seller in Q1 2024 was 1607 Capital Partners, an estimated $3.77M sold.
Based on aggregated 13F filings for Q1 2024.