Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

WESTERN ASSET MANAGED MUNS F (MMU)

108 + Investors. Track Smart Money conviction in MMU. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
1Q ▲
Buyers last Q
64%

Smart Money Signals — MMU

Based on 108 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added MMU than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
108 hedge funds hold MMU right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding MMU is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟢

More buyers than sellers — 64% buying

61 buying35 selling
Last quarter: 61 funds were net buyers (14 opened a brand new position + 47 added to an existing one). Only 35 were sellers (23 trimmed + 12 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new MMU position: 12 → 9 → 7 → 14. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

59% of holders stayed for 2+ years

59% conviction (2yr+) 27% medium 14% new
64 out of 108 hedge funds have held MMU for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~14 new funds/quarter

15 → 12 → 9 → 7 → 14 new funds/Q
New funds entering each quarter: 12 → 9 → 7 → 14. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 60% of holders stayed 2+ years

60% veterans 18% 1-2yr 22% new
Of 108 current holders: 65 (60%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
9 of 108 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — MMU

In 2025 Q4, 61 hedge funds were net buyers of MMU (14 opened a new position, 47 added to an existing one), while 35 reduced or exited (23 trimmed, 12 sold completely) — a 64% buyer ratio, indicating clear institutional accumulation. 35% of total institutional value in MMU is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 108.

Hedge Fund Ownership: MMU

How many hedge funds hold MMU — quarterly history vs. share price
Quarterly hedge fund ownership of MMU vs. share price

Market Analysis: MMU

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MMU

Financial Services Asset Management

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 0 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: MMU
2026 Q1 Stats Unlock in 8 days 108 + Investors

Track Smart Money conviction in MMU. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 108 106 1.89%
13F Shares 20M 21M -1.94%
Total Value $211M $214M -1.08%
New Positions 14 7 +7
Increased Positions 47 39 +8
Closed Positions 12 11 +1
Reduced Positions 23 32 -9
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: MMU

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Institutional Holders (2026 Q1)

108 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MMU. Verified SEC 13F-HR filings.

Top 25 institutional holders of MMU — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 ROBINSON CAPITAL MANAGEMENT, LLC 2.85% 668,431 $6.8M
2 Rareview Capital LLC 2.00% 344,641 $3.4M
3 Westview Management dba Westview Investment Advisors 1.59% 296,657 $3.0M
4 MELFA WEALTH MANAGEMENT, INC. 0.64% 109,141 $1.1M
5 Closed-End Fund Advisors, Inc. 0.59% 56,850 $584K
6 Traub Capital Management LLC 0.57% 56,342 $579K
7 Leo Wealth, LLC 0.22% 299,771 $3.1M
8 Carson Advisory Inc. 0.21% 39,604 $407K
9 INTEGRATED CAPITAL MANAGEMENT, INC. 0.21% 30,479 $313K
10 CAPSTONE CAPITAL LLC 0.19% 29,450 $303K
11 ACCREDITED INVESTOR SERVICES, LLC 0.17% 26,258 $270K
12 Indiana Trust & Investment Management Co 0.16% 50,000 $514K
13 Fortitude Advisory Group L.L.C. 0.15% 31,754 $326K
14 Catalina Capital Group, LLC 0.13% 20,665 $212K
15 Atala Financial Inc 0.10% 15,000 $154K
16 Ackerman Capital Advisors, LLC 0.09% 42,838 $440K
17 Cottage Street Advisors LLC 0.09% 20,000 $206K
18 Providence First Trust Co 0.07% 20,103 $207K
19 Compass Financial Group, INC/SD 0.06% 43,346 $446K
20 Stonebrook Private Inc. 0.05% 23,310 $240K
21 Aviance Capital Partners, LLC 0.05% 41,234 $424K
22 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.05% 45,933 $472K
23 Altus Wealth Group LLC 0.05% 11,371 $117K
24 TITLEIST ASSET MANAGEMENT, LLC 0.04% 48,456 $498K
25 Uniting Wealth Partners, LLC 0.03% 15,032 $155K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — WESTERN ASSET MANAGED MUNS F (MMU)

What does the Smart Money Trend signal show for MMU?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added MMU than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for MMU?

More buyers than sellers — 64% buying: Last quarter: 61 funds were net buyers (14 opened a brand new position + 47 added to an existing one). Only 35 were sellers (23 trimmed + 12 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for MMU holders?

Strong quality — 35% AUM from major funds: 9 of 108 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held MMU?

59% of holders stayed for 2+ years: 64 out of 108 hedge funds have held MMU for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.