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SBI

Western Asset Intermediate Muni Fund

58 hedge funds and large institutions have $53.9M invested in Western Asset Intermediate Muni Fund in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 26 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

0% more funds holding

Funds holding: 5858 (0)

4% less capital invested

Capital invested by funds: $56M → $53.9M (-$2.09M)

1.51% less ownership

Funds ownership: 50.28%48.77% (-1.5%)

50% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 26

Holders
58
Holders Change
Holders Change %
0%
% of All Funds
0.84%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
13
Reduced
26
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$12.8M +$4.39M +564,824 +53%
SIA
2
Sit Investment Associates
Minnesota
$9.37M -$257K -32,996 -3%
1CP
3
1607 Capital Partners
Virginia
$6.18M -$755K -97,016 -11%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$2.36M
Morgan Stanley
5
Morgan Stanley
New York
$1.81M +$68.4K +8,789 +4%
Pathstone Holdings
6
Pathstone Holdings
New Jersey
$1.72M -$59.8K -7,694 -3%
SCM
7
Saba Capital Management
New York
$1.56M -$6.28M -807,707 -80%
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$1.55M
WA
9
Whitebox Advisors
Minnesota
$1.33M +$982K +126,303 +293%
LPL Financial
10
LPL Financial
California
$1.31M -$39K -5,017 -3%
LSC
11
Logan Stone Capital
Illinois
$1.19M -$383K -49,218 -25%
AGM
12
Alpine Global Management
New York
$1.11M +$481K +61,899 +78%
WTC
13
WhitTier Trust Company
Nevada
$1.05M -$147K -18,903 -12%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$818K +$809K +104,052 New
UBS Group
15
UBS Group
Switzerland
$748K -$23.4K -3,006 -3%
RJA
16
Raymond James & Associates
Florida
$724K +$433K +55,680 +153%
WA
17
Waverly Advisors
Alabama
$653K -$13.7K -1,762 -2%
TIM
18
Tortoise Investment Management
New York
$568K -$113K -14,550 -17%
WT
19
Whittier Trust
California
$565K -$158K -20,319 -22%
RPA
20
Rock Point Advisors
Vermont
$530K -$1.94K -250 -0.4%
FPCP
21
Fort Point Capital Partners
California
$482K +$86.9K +11,174 +22%
SFWA
22
Summit Financial Wealth Advisors
Louisiana
$390K -$31.1K -4,000 -7%
KCM
23
Kempner Capital Management
Texas
$376K
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$322K +$358 +46 +0.1%
Wells Fargo
25
Wells Fargo
California
$320K -$13.7K -1,761 -4%

SBI Hedge Fund Activity: Q2 2024 in Review

58 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Western Asset Intermediate Muni Fund (SBI) for Q2 2024, worth a combined $53.9M — down 3.7% from $56M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new SBI positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 26 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $4.39M. The largest seller was Saba Capital Management, cutting an estimated $6.28M.

  • 58 institutional investors held Western Asset Intermediate Muni Fund (SBI) as of Q2 2024, unchanged from Q1 2024.
  • Funds reported $53.9M of Western Asset Intermediate Muni Fund stock for Q2 2024, down 3.7% quarter-over-quarter.
  • 4 funds opened new Western Asset Intermediate Muni Fund positions in Q2 2024 and 3 closed out, a net change of +1 holder.
  • The largest Western Asset Intermediate Muni Fund buyer in Q2 2024 was Rivernorth Capital Management, an estimated $4.39M added.
  • The largest Western Asset Intermediate Muni Fund seller in Q2 2024 was Saba Capital Management, an estimated $6.28M sold.

Based on aggregated 13F filings for Q2 2024.