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FMN

Federated Hermes Premier Municipal Income Fund
FMN

42 hedge funds and large institutions have $32.1M invested in Federated Hermes Premier Municipal Income Fund in 2026 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 9

1.45% more ownership

Funds ownership: 24.1% → 25.55% (+1.4%)

4% more capital invested

Capital invested by funds: $30.8M → $32.1M (+$1.35M)

5% less funds holding

Funds holding: 44 → 42 (-2)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

Holders
42
Holders Change
-2
Holders Change %
-4.55%
% of All Funds
0.52%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
15
Reduced
9
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Pathstone Holdings
Pathstone Holdings
New Jersey
+$1.81M
2
RCM
Rivernorth Capital Management
Florida
+$1.36M
3
Bank of New York Mellon
Bank of New York Mellon
New York
+$971K
4
1CP
1607 Capital Partners
Virginia
+$528K
5
KIM
Karpus Investment Management
New York
+$504K

Top Sellers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
-$4.06M
2
TJHA
Thomas J. Herzfeld Advisors
Florida
-$330K
3
CC
CF Capital
Massachusetts
-$239K
4
GC
Guggenheim Capital
Illinois
-$220K
5
PI
PFG Investments
New York
-$174K
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$314K +$6.27K +562 +2%
Ameriprise
27
Ameriprise
Minnesota
$252K +$257K +23,073 New
SWMG
28
Sard Wealth Management Group
Georgia
$225K – – –
XF
29
XML Financial
Maryland
$196K – – –
CC
30
CF Capital
Massachusetts
$186K -$239K -21,411 -56%
SAI
31
Savvy Advisors Inc
New York
$141K – – –
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$111K -$2.13K -191 -2%
SPIA
33
Steward Partners Investment Advisory
New York
$87.1K -$123K -10,983 -58%
BBPWM
34
Blue Bell Private Wealth Management
Pennsylvania
$53.5K – – –
FGAM
35
Financial Gravity Asset Management
Texas
$35.6K +$36.4K +3,260 New
SA
36
Scarborough Advisors
Maryland
$30K +$30.6K +2,745 New
SWIM
37
Smallwood Wealth Investment Management
New Jersey
$21.3K – – –
WAM
38
Wolverine Asset Management
Illinois
$7.67K +$7.83K +702 New
MWM
39
Mascoma Wealth Management
New Hampshire
$3.64K – – –
Osaic Holdings
40
Osaic Holdings
Arizona
$3.26K – – –
FIA
41
FNY Investment Advisers
New York
$3K – – –
S
42
SignatureFD
Georgia
$7 – – –
SCM
43
Saba Capital Management
New York
– -$4.06M -365,326 Closed
TJHA
44
Thomas J. Herzfeld Advisors
Florida
– -$330K -29,727 Closed
PI
45
PFG Investments
New York
– -$174K -15,700 Closed
ACA
46
Aptus Capital Advisors
Alabama
– -$143K -12,866 Closed
Jane Street
47
Jane Street
New York
– -$120K -10,840 Closed
HighTower Advisors
48
HighTower Advisors
Illinois
– -$119K -10,702 Closed
CP
49
Camelot Portfolios
Ohio
– -$72.2K -6,500 Closed
JWA
50
JFS Wealth Advisors
Pennsylvania
– -$3.89K -350 Closed
1
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FMN Hedge Fund Activity: Q1 2026 in Review

42 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes Premier Municipal Income Fund (FMN) for Q1 2026, worth a combined $32.1M — up 4.4% from $30.8M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FMN and 6 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 15 added.

The largest buyer was Pathstone Holdings, adding an estimated $1.81M. The largest seller was Saba Capital Management, exiting entirely with an estimated $4.06M sold.

  • 42 institutional investors held Federated Hermes Premier Municipal Income Fund (FMN) as of Q1 2026, down from 44 in Q4 2025.
  • Funds reported $32.1M of Federated Hermes Premier Municipal Income Fund stock for Q1 2026, up 4.4% quarter-over-quarter.
  • 6 funds opened new Federated Hermes Premier Municipal Income Fund positions in Q1 2026 and 8 closed out, a net change of -2 holders.
  • The largest Federated Hermes Premier Municipal Income Fund buyer in Q1 2026 was Pathstone Holdings, an estimated $1.81M added.
  • The largest Federated Hermes Premier Municipal Income Fund seller in Q1 2026 was Saba Capital Management, an estimated $4.06M sold.

Based on aggregated 13F filings for Q1 2026.