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FMN

Federated Hermes Premier Municipal Income Fund
FMN

46 hedge funds and large institutions have $25.9M invested in Federated Hermes Premier Municipal Income Fund in 2022 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 3

36% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 11

12% more funds holding

Funds holding: 41 → 46 (+5)

2.39% more ownership

Funds ownership: 17.83% → 20.23% (+2.4%)

1% less capital invested

Capital invested by funds: $26.1M → $25.9M (-$136K)

Holders
46
Holders Change
+5
Holders Change %
+12.2%
% of All Funds
0.77%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
15
Reduced
11
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
1CP
1607 Capital Partners
Virginia
+$1.77M
2
Morgan Stanley
Morgan Stanley
New York
+$809K
3
ACA
Ackerman Capital Advisors
Texas
+$702K
4
HWAM
Hennion & Walsh Asset Management
New Jersey
+$609K
5
AA
AQR Arbitrage
Connecticut
+$412K

Top Sellers

Rank Fund Capital Flow
1
XF
XML Financial
Maryland
-$1.56M
2
GC
Guggenheim Capital
Illinois
-$909K
3
RCM
Rivernorth Capital Management
Florida
-$235K
4
DP
Denver PWM
Colorado
-$175K
5
RIG
Ramiah Investment Group
Wisconsin
-$72.1K
Name Holding Trade Value Shares
Change 		Change in
Stake
BHWM
26
Bar Harbor Wealth Management
New Hampshire
$246K – – –
LCM
27
Landscape Capital Management
New Jersey
$186K +$196K +16,796 New
CBFP
28
Cedar Brook Financial Partners
Ohio
$179K -$1.34K -115 -0.7%
SDWMA
29
Schneider Downs Wealth Management Advisors
Pennsylvania
$147K – – –
CIA
30
Capital Investment Advisors
Georgia
$143K -$23.4K -2,000 -13%
DWM
31
Drive Wealth Management
Utah
$137K -$18.4K -1,572 -11%
Osaic Holdings
32
Osaic Holdings
Arizona
$137K – – –
RIG
33
Ramiah Investment Group
Wisconsin
$134K -$72.1K -6,171 -34%
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$127K +$386 +33 +0.3%
AllianceBernstein
35
AllianceBernstein
Tennessee
$121K – – –
Stifel Financial
36
Stifel Financial
Missouri
$118K +$124K +10,643 New
H6H
37
Hightower 6M Holding
Kansas
$113K +$119K +10,195 New
Susquehanna International Group
38
Susquehanna International Group
Pennsylvania
$113K +$120K +10,230 New
GWM
39
Geneos Wealth Management
Colorado
$23K +$105 +9 +0.4%
PNC Financial Services Group
40
PNC Financial Services Group
Pennsylvania
$20K – – –
Northwestern Mutual Wealth Management
41
Northwestern Mutual Wealth Management
Wisconsin
$8K -$11.1K -950 -55%
UB
42
UMB Bank
Missouri
$6K – – –
MWM
43
Mascoma Wealth Management
New Hampshire
$4K +$3.89K +333 New
FIA
44
FNY Investment Advisers
New York
$3K – – –
Bessemer Group
45
Bessemer Group
New Jersey
$2K +$2.1K +180 New
IA
46
IFP Advisors
Florida
$1K – – –
XF
47
XML Financial
Maryland
– -$1.56M -122,769 Closed
DP
48
Denver PWM
Colorado
– -$175K -13,802 Closed
Koshinski Asset Management
49
Koshinski Asset Management
Illinois
– -$4.45K -350 Closed
1
2

FMN Hedge Fund Activity: Q2 2022 in Review

46 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes Premier Municipal Income Fund (FMN) for Q2 2022, worth a combined $25.9M — down 0.52% from $26.1M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FMN positions and 3 closed out — a net gain of 5 holders — while 15 added to existing stakes and 11 trimmed.

The largest buyer was 1607 Capital Partners, adding an estimated $1.77M. The largest seller was XML Financial, exiting entirely with an estimated $1.56M sold.

  • 46 institutional investors held Federated Hermes Premier Municipal Income Fund (FMN) as of Q2 2022, up from 41 in Q1 2022.
  • Funds reported $25.9M of Federated Hermes Premier Municipal Income Fund stock for Q2 2022, down 0.52% quarter-over-quarter.
  • 8 funds opened new Federated Hermes Premier Municipal Income Fund positions in Q2 2022 and 3 closed out, a net change of +5 holders.
  • The largest Federated Hermes Premier Municipal Income Fund buyer in Q2 2022 was 1607 Capital Partners, an estimated $1.77M added.
  • The largest Federated Hermes Premier Municipal Income Fund seller in Q2 2022 was XML Financial, an estimated $1.56M sold.

Based on aggregated 13F filings for Q2 2022.