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FMN

Federated Hermes Premier Municipal Income Fund
FMN

13 hedge funds and large institutions have $4.09M invested in Federated Hermes Premier Municipal Income Fund in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 0 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more capital invested

Capital invested by funds: $3.31M → $4.09M (+$777K)

0.73% more ownership

Funds ownership: 3.86% → 4.59% (+0.73%)

0% more funds holding

Funds holding: 13 → 13 (0)

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

Holders
13
Holders Change
–
Holders Change %
0%
% of All Funds
0.36%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
2
Increased
6
Reduced
–
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AAM
Advisors Asset Management
Colorado
+$471K
2
KIM
Karpus Investment Management
New York
+$312K
3
UBS Group
UBS Group
Switzerland
+$124K
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$39.2K
5
Creative Planning
Creative Planning
Kansas
+$30.9K

Top Sellers

Rank Fund Capital Flow
1
LSA
Liberty Street Advisors
New York
-$336K
2
TRCT
Tower Research Capital (TRC)
New York
-$3K
Name Holding Trade Value Shares
Change 		Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$1.71M +$471K +33,274 +39%
PMG
2
ProVise Management Group
Florida
$686K +$3.54K +250 +0.5%
Morgan Stanley
3
Morgan Stanley
New York
$546K +$3.96K +280 +0.7%
KIM
4
Karpus Investment Management
New York
$317K +$312K +22,046 New
KeyBank National Association
5
KeyBank National Association
Ohio
$249K – – –
UBS Group
6
UBS Group
Switzerland
$166K +$124K +8,767 +320%
LPL Financial
7
LPL Financial
California
$163K +$920 +65 +0.6%
Wells Fargo
8
Wells Fargo
California
$142K – – –
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$43K +$39.2K +2,769 +1,385%
Creative Planning
10
Creative Planning
Kansas
$31K +$30.9K +2,181 New
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$21K – – –
Bank of America
12
Bank of America
North Carolina
$7K – – –
NFG
13
Next Financial Group
Texas
$5K – – –
LSA
14
Liberty Street Advisors
New York
– -$336K -24,247 Closed
TRCT
15
Tower Research Capital (TRC)
New York
– -$3K -225 Closed

FMN Hedge Fund Activity: Q3 2015 in Review

13 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes Premier Municipal Income Fund (FMN) for Q3 2015, worth a combined $4.09M — up 23% from $3.31M a quarter earlier.

Fund positioning in FMN was balanced in Q3 2015: 2 funds opened new positions, 2 closed out, 6 added to existing stakes and 0 trimmed.

The largest buyer was Advisors Asset Management, adding an estimated $471K. The largest seller was Liberty Street Advisors, exiting entirely with an estimated $336K sold.

  • 13 institutional investors held Federated Hermes Premier Municipal Income Fund (FMN) as of Q3 2015, unchanged from Q2 2015.
  • Funds reported $4.09M of Federated Hermes Premier Municipal Income Fund stock for Q3 2015, up 23% quarter-over-quarter.
  • 2 funds opened new Federated Hermes Premier Municipal Income Fund positions in Q3 2015 and 2 closed out, a net change of 0 holders.
  • The largest Federated Hermes Premier Municipal Income Fund buyer in Q3 2015 was Advisors Asset Management, an estimated $471K added.
  • The largest Federated Hermes Premier Municipal Income Fund seller in Q3 2015 was Liberty Street Advisors, an estimated $336K sold.

Based on aggregated 13F filings for Q3 2015.