Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Western Asset Inter Muni (SBI)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — SBI

Based on 59 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their SBI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
59 hedge funds hold SBI 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.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+4 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

29 buying29 selling
Last quarter: 29 funds bought or added vs 29 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~8 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 7 → 4 → 8 → 8. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 27% medium ■ 19% new
32 out of 59 hedge funds have held SBI 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 — ~8 new funds/quarter

5 → 7 → 4 → 8 → 8 new funds/Q
New funds entering each quarter: 7 → 4 → 8 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 53% veterans vs 29% newcomers

■ 53% veterans ■ 19% 1-2yr ■ 29% new
Entry-cohort mix of 59 holders: 31 (53%) are 2+ year veterans, 11 entered 1–2 years ago, and 17 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 20% AUM from major funds

20% from top-100 AUM funds
8 of 59 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 — SBI

In 2026 Q2, 29 hedge funds were net buyers of SBI (8 opened a new position, 21 added to an existing one), while 29 reduced or exited (19 trimmed, 10 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 20% of total institutional value in SBI is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 59.

Hedge Fund Ownership: SBI

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

Market Analysis: SBI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SBI

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: SBI
58 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 58 61 -4.92%
13F Shares 6M 6M 4.33%
Total Value $48M $45M 5.22%
New Positions 8 8 -
Increased Positions 21 20 +1
Closed Positions 11 2 +9
Reduced Positions 19 16 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: SBI

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Institutional Holders (2026 Q2)

58 + investors

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

QUARTER:
Top 25 SBI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Robinson Capital Management, LLC 0.79% 227,014 $1.8M
2 Carson Advisory Inc. 0.60% 165,297 $1.3M
3 Whipplewood Advisors, LLC 0.48% 91,425 $720K
4 Rivernorth Capital Management, LLC 0.46% 1,231,561 $9.7M
5 Traub Capital Management LLC 0.39% 55,335 $435K
6 Ariadne Wealth Management, LP 0.35% 100,869 $794K
7 1607 Capital Partners, LLC 0.20% 297,028 $2.3M
8 Melfa Wealth Management, INC. 0.20% 46,347 $365K
9 Noble Wealth Management PBC 0.16% 44,763 $352K
10 Closed-End Fund Advisors, Inc. 0.13% 17,477 $138K
11 Rock Point Advisors, LLC 0.12% 64,425 $507K
12 Thomas J. Herzfeld Advisors, Inc. 0.12% 47,641 $375K
13 Basepoint Wealth LLC 0.09% 20,833 $164K
14 Castle Wealth Management LLC 0.08% 32,451 $255K
15 Hennion & Walsh Asset Management, Inc. 0.06% 275,915 $2.2M
16 Northwest Financial Advisors 0.05% 46,471 $366K
17 Summit Financial Wealth Advisors, LLC 0.04% 40,556 $319K
18 GatePass Capital, LLC 0.04% 12,500 $98K
19 Whitebox Advisors LLC 0.02% 204,801 $1.6M
20 49 Wealth Management, LLC 0.02% 10,677 $84K
21 Blue Bell Private Wealth Management, LLC 0.02% 15,711 $124K
22 Guggenheim Capital LLC 0.01% 279,800 $2.2M
23 Whittier Trust Co of Nevada Inc 0.01% 79,576 $620K
24 Rothschild Investment LLC 0.01% 37,500 $295K
25 Riverbridge Partners LLC 0.01% 46,630 $367K
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 Inter Muni (SBI)

What does the Smart Money Trend signal show for SBI?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their SBI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for SBI?

Slight buying edge — 50% buying: Last quarter: 29 funds bought or added vs 29 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for SBI holders?

Strong quality — 20% AUM from major funds: 8 of 59 holders rank in the top 100 by AUM, accounting for 20% 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 SBI?

54% of holders stayed for 2+ years: 32 out of 59 hedge funds have held SBI 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.

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