Federated Hermes Premier Municipal Income Fund
17 hedge funds and large institutions have $6.94M invested in Federated Hermes Premier Municipal Income Fund in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 17 → 17 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
0.18% less ownership
Funds ownership: 7.79% → 7.61% (-0.18%)
2% less capital invested
Capital invested by funds: $7.04M → $6.94M (-$108K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$264K |
| 2 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$43.4K |
| 3 |
Morgan Stanley
New York
|
+$22.8K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$14.7K |
| 5 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$11.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$244K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$85.8K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$76K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$71.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$33K |
FMN Hedge Fund Activity: Q3 2017 in Review
17 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes Premier Municipal Income Fund (FMN) for Q3 2017, worth a combined $6.94M — down 1.5% from $7.04M a quarter earlier.
Fund positioning in FMN was balanced in Q3 2017: 1 fund opened new positions, 1 closed out, 6 added to existing stakes and 6 trimmed.
The largest buyer was Federated Hermes, opening a new position worth an estimated $264K. The largest seller was Robinson Capital Management, cutting an estimated $244K.
- 17 institutional investors held Federated Hermes Premier Municipal Income Fund (FMN) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $6.94M of Federated Hermes Premier Municipal Income Fund stock for Q3 2017, down 1.5% quarter-over-quarter.
- 1 fund opened new Federated Hermes Premier Municipal Income Fund positions in Q3 2017 and 1 closed out, a net change of 0 holders.
- The largest Federated Hermes Premier Municipal Income Fund buyer in Q3 2017 was Federated Hermes, an estimated $264K added.
- The largest Federated Hermes Premier Municipal Income Fund seller in Q3 2017 was Robinson Capital Management, an estimated $244K sold.
Based on aggregated 13F filings for Q3 2017.