Federated Hermes Premier Municipal Income Fund
13 hedge funds and large institutions have $4.39M invested in Federated Hermes Premier Municipal Income Fund in 2015 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 2 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
7% more capital invested
Capital invested by funds: $4.09M → $4.39M (+$305K)
0.17% more ownership
Funds ownership: 4.59% → 4.76% (+0.17%)
0% more funds holding
Funds holding: 13 → 13 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$476K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$75.2K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$66.1K |
| 4 |
Morgan Stanley
New York
|
+$5.91K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$317K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$104K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$23.9K |
| 4 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$9.61K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$5K |
FMN Hedge Fund Activity: Q4 2015 in Review
13 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes Premier Municipal Income Fund (FMN) for Q4 2015, worth a combined $4.39M — up 7.5% from $4.09M a quarter earlier.
Fund positioning in FMN was balanced in Q4 2015: 2 funds opened new positions, 2 closed out, 5 added to existing stakes and 3 trimmed.
The largest buyer was LPL Financial, adding an estimated $476K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $317K sold.
- 13 institutional investors held Federated Hermes Premier Municipal Income Fund (FMN) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $4.39M of Federated Hermes Premier Municipal Income Fund stock for Q4 2015, up 7.5% quarter-over-quarter.
- 2 funds opened new Federated Hermes Premier Municipal Income Fund positions in Q4 2015 and 2 closed out, a net change of 0 holders.
- The largest Federated Hermes Premier Municipal Income Fund buyer in Q4 2015 was LPL Financial, an estimated $476K added.
- The largest Federated Hermes Premier Municipal Income Fund seller in Q4 2015 was Karpus Investment Management, an estimated $317K sold.
Based on aggregated 13F filings for Q4 2015.