Federated Hermes Premier Municipal Income Fund
36 hedge funds and large institutions have $28.6M invested in Federated Hermes Premier Municipal Income Fund in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 3 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
0% more funds holding
Funds holding: 36 → 36 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
1% less capital invested
Capital invested by funds: $28.8M → $28.6M (-$245K)
1.36% less ownership
Funds ownership: 17.22% → 15.86% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$384K |
| 2 |
CBFP
Cedar Brook Financial Partners
Cleveland,
Ohio
|
+$254K |
| 3 |
DP
Denver PWM
Denver,
Colorado
|
+$211K |
| 4 |
Morgan Stanley
New York
|
+$182K |
| 5 |
ICMP
Integrated Capital Management (Pennsylvania)
Jessup,
Pennsylvania
|
+$160K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.96M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$761K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$367K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$323K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$236K |
FMN Hedge Fund Activity: Q2 2021 in Review
36 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes Premier Municipal Income Fund (FMN) for Q2 2021, worth a combined $28.6M — down 0.85% from $28.8M a quarter earlier.
Fund positioning in FMN was balanced in Q2 2021: 3 funds opened new positions, 3 closed out, 15 added to existing stakes and 8 trimmed.
The largest buyer was Wells Fargo, adding an estimated $384K. The largest seller was 1607 Capital Partners, cutting an estimated $1.96M.
- 36 institutional investors held Federated Hermes Premier Municipal Income Fund (FMN) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $28.6M of Federated Hermes Premier Municipal Income Fund stock for Q2 2021, down 0.85% quarter-over-quarter.
- 3 funds opened new Federated Hermes Premier Municipal Income Fund positions in Q2 2021 and 3 closed out, a net change of 0 holders.
- The largest Federated Hermes Premier Municipal Income Fund buyer in Q2 2021 was Wells Fargo, an estimated $384K added.
- The largest Federated Hermes Premier Municipal Income Fund seller in Q2 2021 was 1607 Capital Partners, an estimated $1.96M sold.
Based on aggregated 13F filings for Q2 2021.