WESTERN ASSET MANAGED MUNICIPALS FUND INC. (MMU) — Institutional Holders, Q2 2026
106 institutional investment managers reported a MMU position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $205.6M. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
MMU in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- RAYMOND JAMES FINANCIALAdded · +204,282 sh+$2.1M
- GUGGENHEIM CAPITALAdded · +167,285 sh+$1.7M
- Advisors Asset ManagementAdded · +122,979 sh+$1.3M
- Hennion & Walsh Asset ManagementAdded · +117,425 sh+$1.2M
- Wakefield Asset Management LLLPNew · +92,365 sh+$962.4K
Biggest sellers
- 1607 Capital PartnersTrimmed · -478,667 sh-$5.0M
- RIVERNORTH CAPITAL MANAGEMENTTrimmed · -181,356 sh-$1.9M
- WELLS FARGO & COMPANYTrimmed · -176,942 sh-$1.8M
- Rareview CapitalTrimmed · -71,265 sh-$742.6K
- Stratos Wealth Partners, LTD.Sold out · -30,200 sh-$314.7K
MMU 13F holders ranked 1–100 of 106
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | MORGAN STANLEY#1 · 4,445,352 sh | 4,445,352 | $46.3M | <0.01% | +1.1% |
| 2 | RIVERNORTH CAPITAL MANAGEMENT#2 · 1,757,452 sh | 1,757,452 | $18.3M | 0.87% | -9.4% |
| 3 | BANK OF AMERICA#3 · 1,689,042 sh | 1,689,042 | $17.6M | <0.01% | +0.3% |
| 4 | RAYMOND JAMES FINANCIAL#4 · 1,363,137 sh | 1,363,137 | $14.2M | <0.01% | +17.6% |
| 5 | GUGGENHEIM CAPITAL#5 · 1,203,813 sh | 1,203,813 | $12.5M | 0.08% | +16.1% |
| 6 | 1607 Capital Partners#6 · 851,888 sh | 851,888 | $8.9M | 0.77% | -36.0% |
| 7 | Advisors Asset Management#7 · 810,327 sh | 810,327 | $8.4M | 0.13% | +17.9% |
| 8 | ROBINSON CAPITAL MANAGEMENT#8 · 716,596 sh | 716,596 | $7.5M | 3.30% | +7.2% |
| 9 | Hennion & Walsh Asset Management#9 · 614,247 sh | 614,247 | $6.4M | — | +23.6% |
| 10 | Allianz Asset Management GmbH#10 · 544,800 sh | 544,800 | $5.7M | <0.01% | 0.0% |
| 11 | VAN ECK ASSOCIATES#11 · 460,084 sh | 460,084 | $4.8M | <0.01% | +1.0% |
| 12 | CITY OF LONDON INVESTMENT MANAGEMENT LTD#12 · 333,471 sh | 333,471 | $3.5M | 0.21% | 0.0% |
| 13 | WELLS FARGO & COMPANY#13 · 314,008 sh | 314,008 | $3.3M | <0.01% | -36.0% |
| 14 | Westview Management dba Westview Investment Advisors#14 · 294,741 sh | 294,741 | $3.1M | 1.50% | -0.6% |
| 15 | Rareview Capital#15 · 273,376 sh | 273,376 | $2.7M | 1.51% | -20.7% |
| 16 | Invesco Ltd.#16 · 235,728 sh | 235,728 | $2.5M | <0.01% | +0.3% |
| 17 | ENVESTNET ASSET MANAGEMENT#17 · 223,405 sh | 223,405 | $2.3M | <0.01% | 0.0% |
| 18 | HighTower Advisors#18 · 200,949 sh | 200,949 | $2.1M | <0.01% | +8.6% |
| 19 | ROYAL BANK OF CANADA#19 · 162,906 sh | 162,906 | $1.7M | <0.01% | -2.3% |
| 20 | Fiera Capital#20 · 150,621 sh | 150,621 | $1.6M | <0.01% | -3.6% |
| 21 | Rockefeller Capital Management L.P.#21 · 143,824 sh | 143,824 | $1.5M | <0.01% | -1.3% |
| 22 | LPL Financial#22 · 141,886 sh | 141,886 | $1.5M | <0.01% | +13.9% |
| 23 | Steward Partners Investment Advisory#23 · 141,406 sh | 141,406 | $1.5M | <0.01% | +11.3% |
| 24 | UBS Group AG#24 · 139,039 sh | 139,039 | $1.4M | <0.01% | -1.5% |
| 25 | PARK AVENUE SECURITIES#25 · 135,745 sh | 135,745 | $1.4M | — | -10.0% |
| 26 | MELFA WEALTH MANAGEMENT#26 · 104,027 sh | 104,027 | $1.1M | 0.58% | -4.7% |
| 27 | OSAIC#27 · 94,292 sh | 94,292 | $982.5K | <0.01% | -17.7% |
| 28 | Wakefield Asset Management LLLP#28 · 92,365 sh | 92,365 | $962.4K | 0.22% | New |
| 29 | Nuveen#29 · 91,512 sh | 91,512 | $953.6K | <0.01% | 0.0% |
| 30 | Ackerman Capital Advisors#30 · 75,138 sh | 75,138 | $782.9K | 0.16% | +75.4% |
| 31 | COHEN & STEERS#31 · 74,000 sh | 74,000 | $771.0K | <0.01% | +39.6% |
| 32 | AMERIPRISE FINANCIAL#32 · 67,451 sh | 67,451 | $702.8K | <0.01% | +13.4% |
| 33 | Summit Trail Advisors#33 · 65,304 sh | 65,304 | $680.5K | <0.01% | -3.9% |
| 34 | Thomas J. Herzfeld Advisors#34 · 63,607 sh | 63,607 | $662.8K | 0.20% | New |
| 35 | Janney Montgomery Scott#35 · 62,098 sh | 62,098 | $647.0K | <0.01% | +46.0% |
| 36 | Chicago Partners Investment Group#36 · 60,721 sh | 60,721 | $613.3K | — | +0.3% |
| 37 | Closed-End Fund Advisors#37 · 53,855 sh | 53,855 | $561.2K | 0.55% | -5.3% |
| 38 | World Investment Advisors#38 · 54,483 sh | 54,483 | $560.1K | <0.01% | 0.0% |
| 39 | CHOREO#39 · 52,760 sh | 52,760 | $549.8K | <0.01% | -3.5% |
| 40 | Indiana & Investment Management#40 · 50,000 sh | 50,000 | $521.0K | — | 0.0% |
| 41 | TITLEIST ASSET MANAGEMENT#41 · 48,908 sh | 48,908 | $509.6K | — | +0.9% |
| 42 | PFG Investments#42 · 46,628 sh | 46,628 | $485.9K | 0.02% | -12.7% |
| 43 | CARY STREET PARTNERS FINANCIAL#43 · 46,379 sh | 46,379 | $483.3K | 0.01% | -25.5% |
| 44 | Compass Financial Group#44 · 45,013 sh | 45,013 | $469.0K | — | +3.8% |
| 45 | Traub Capital Management#45 · 44,104 sh | 44,104 | $459.6K | 0.41% | -21.7% |
| 46 | WEALTH ENHANCEMENT ADVISORY SERVICES#46 · 44,143 sh | 44,143 | $455.6K | — | -0.2% |
| 47 | BAR HARBOR WEALTH MANAGEMENT#47 · 41,682 sh | 41,682 | $434.3K | — | 0.0% |
| 48 | STIFEL FINANCIAL#48 · 40,406 sh | 40,406 | $421.0K | <0.01% | +9.9% |
| 49 | Carson Advisory#49 · 39,604 sh | 39,604 | $412.7K | 0.19% | 0.0% |
| 50 | COMMONWEALTH EQUITY SERVICES#50 · 37,998 sh | 37,998 | $395.9K | <0.01% | +0.5% |
| 51 | Rock Point Advisors#51 · 37,284 sh | 37,284 | $388.5K | 0.10% | -2.7% |
| 52 | Cambridge Investment Research Advisors#52 · 35,364 sh | 35,364 | $368.0K | <0.01% | -4.9% |
| 53 | Fortitude Advisory Group L.L.C.#53 · 31,754 sh | 31,754 | $330.9K | — | 0.0% |
| 54 | Virtu Financial#54 · 31,500 sh | 31,500 | $328.0K | 0.01% | New |
| 55 | CAPSTONE CAPITAL WEALTH ADVISORS#55 · 29,450 sh | 29,450 | $306.9K | — | 0.0% |
| 56 | Ashton Thomas Private Wealth#56 · 28,830 sh | 28,830 | $300.4K | <0.01% | +37.7% |
| 57 | Merit Financial Group#57 · 28,192 sh | 28,192 | $293.8K | <0.01% | +0.8% |
| 58 | MML INVESTORS SERVICES#58 · 28,130 sh | 28,130 | $293.1K | <0.01% | +5.0% |
| 59 | MOSAIC FAMILY WEALTH PARTNERS#59 · 27,869 sh | 27,869 | $290.4K | 0.02% | -39.3% |
| 60 | Aviance Capital Partners#60 · 27,365 sh | 27,365 | $285.1K | 0.03% | -33.6% |
| 61 | B. Riley Wealth Advisors#61 · 25,456 sh | 25,456 | $267.8K | — | -33.6% |
| 62 | ACCREDITED INVESTOR SERVICES#62 · 24,957 sh | 24,957 | $260.1K | — | -5.0% |
| 63 | READYSTATE ASSET MANAGEMENT#63 · 24,064 sh | 24,064 | $250.7K | <0.01% | New |
| 64 | Stonebrook Private#64 · 23,467 sh | 23,467 | $244.5K | 0.04% | +0.7% |
| 65 | Prospera Financial Services#65 · 23,201 sh | 23,201 | $241.8K | <0.01% | +1.0% |
| 66 | NewEdge Advisors#66 · 23,094 sh | 23,094 | $240.6K | <0.01% | New |
| 67 | INTEGRATED CAPITAL MANAGEMENT#67 · 22,533 sh | 22,533 | $234.8K | — | -26.1% |
| 68 | Advisory Services Network#68 · 22,338 sh | 22,338 | $232.8K | <0.01% | +81.1% |
| 69 | Cetera Investment Advisers#69 · 21,810 sh | 21,810 | $227.3K | <0.01% | +78.4% |
| 70 | MGO ONE SEVEN#70 · 20,883 sh | 20,883 | $217.6K | <0.01% | New |
| 71 | Cottage Street Advisors#71 · 20,000 sh | 20,000 | $208.4K | — | 0.0% |
| 72 | ROTHSCHILD INVESTMENT#72 · 20,000 sh | 20,000 | $208.4K | <0.01% | 0.0% |
| 73 | Providence First#73 · 19,603 sh | 19,603 | $204.3K | 0.06% | -2.5% |
| 74 | RFG Advisory#74 · 19,092 sh | 19,092 | $198.9K | <0.01% | +13.0% |
| 75 | Global Retirement Partners#75 · 18,384 sh | 18,384 | $191.6K | <0.01% | — |
| 76 | NWF Advisory Services#76 · 17,900 sh | 17,900 | $186.5K | — | +20.1% |
| 77 | Sovereign Financial Group#77 · 17,682 sh | 17,682 | $184.3K | 0.03% | +14.6% |
| 78 | Mariner#78 · 17,232 sh | 17,232 | $179.6K | <0.01% | -0.6% |
| 79 | Uniting Wealth Partners#79 · 15,065 sh | 15,065 | $157.0K | 0.03% | +0.2% |
| 80 | Atala Financial#80 · 15,000 sh | 15,000 | $156.3K | — | 0.0% |
| 81 | FIFTH THIRD BANCORP#81 · 14,046 sh | 14,046 | $146.4K | <0.01% | 0.0% |
| 82 | TRUIST FINANCIAL#82 · 13,449 sh | 13,449 | $140.1K | <0.01% | 0.0% |
| 83 | Occidental Asset Management#83 · 13,393 sh | 13,393 | $139.6K | 0.01% | +5.2% |
| 84 | FIRST ADVISORS#84 · 13,330 sh | 13,330 | $138.9K | <0.01% | -21.1% |
| 85 | Equitable#85 · 13,089 sh | 13,089 | $136.4K | <0.01% | -3.4% |
| 86 | SILVERLAKE WEALTH MANAGEMENT#86 · 12,043 sh | 12,043 | $125.5K | — | +0.4% |
| 87 | Moors & Cabot#87 · 11,894 sh | 11,894 | $123.9K | <0.01% | +1.0% |
| 88 | Altus Wealth Group#88 · 11,371 sh | 11,371 | $118.5K | — | 0.0% |
| 89 | Baird Financial Group#89 · 10,703 sh | 10,703 | $111.5K | <0.01% | 0.0% |
| 90 | D.A. DAVIDSON#90 · 10,653 sh | 10,653 | $111.0K | <0.01% | +1.6% |
| 91 | Pinnacle Wealth Planning Services#91 · 9,272 sh | 9,272 | $96.6K | <0.01% | +4.2% |
| 92 | Mechanics Financial#92 · 6,650 sh | 6,650 | $69.3K | 0.02% | 0.0% |
| 93 | Farther Finance Advisors#93 · 6,401 sh | 6,401 | $66.7K | — | 0.0% |
| 94 | US BANCORP \DE\#94 · 6,000 sh | 6,000 | $62.5K | <0.01% | 0.0% |
| 95 | Allied Private Wealth#95 · 5,912 sh | 5,912 | $61.0K | 0.04% | — |
| 96 | GILL CAPITAL PARTNERS#96 · 4,502 sh | 4,502 | $46.9K | — | +100.0% |
| 97 | INTERNATIONAL ASSETS INVESTMENT MANAGEMENT#97 · 3,920 sh | 3,920 | $41.0K | <0.01% | +18.0% |
| 98 | HOLLENCREST SECURITIES#98 · 3,690 sh | 3,690 | $38.5K | <0.01% | -28.9% |
| 99 | Penserra Capital Management#99 · 3,240 sh | 3,240 | $33.0K | <0.01% | +200.0% |
| 100 | BLUE BELL PRIVATE WEALTH MANAGEMENT#100 · 3,083 sh | 3,083 | $32.1K | <0.01% | -3.1% |
Funds that sold out of MMU in Q2 2026 (10)
Held MMU at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| Stratos Wealth Partners, LTD.30,200 sh | 30,200 | $310.5K |
| Concurrent Investment Advisors28,846 sh | 28,846 | $296.5K |
| JANE STREET GROUP17,595 sh | 17,595 | $180.9K |
| VERUS CAPITAL PARTNERS15,000 sh | 15,000 | $154.2K |
| HARBOUR INVESTMENTS14,959 sh | 14,959 | $153.8K |
| Focus Partners Wealth11,468 sh | 11,468 | $143.1K |
| BlackRock2,237 sh | 2,237 | $23.0K |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT1,054 sh | 1,054 | $10.8K |
| Abound Wealth Management587 sh | 587 | $6.0K |
| MAI Capital Management471 sh | 471 | $4.8K |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.