Federated Hermes Premier Municipal Income Fund
36 hedge funds and large institutions have $19.2M invested in Federated Hermes Premier Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 36 → 36 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
1.49% less ownership
Funds ownership: 14.06% → 12.57% (-1.5%)
11% less capital invested
Capital invested by funds: $21.6M → $19.2M (-$2.46M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$476K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$57.9K |
| 3 |
Citigroup
New York
|
+$46.8K |
| 4 |
PAS
Park Avenue Securities
New York
|
+$37.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$35.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$1.02M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$933K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$333K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$246K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$178K |
FMN Hedge Fund Activity: Q2 2018 in Review
36 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes Premier Municipal Income Fund (FMN) for Q2 2018, worth a combined $19.2M — down 11% from $21.6M a quarter earlier.
Fund positioning in FMN was balanced in Q2 2018: 2 funds opened new positions, 2 closed out, 10 added to existing stakes and 10 trimmed.
The largest buyer was Invesco, adding an estimated $476K. The largest seller was Icon Advisers, exiting entirely with an estimated $1.02M sold.
- 36 institutional investors held Federated Hermes Premier Municipal Income Fund (FMN) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $19.2M of Federated Hermes Premier Municipal Income Fund stock for Q2 2018, down 11% quarter-over-quarter.
- 2 funds opened new Federated Hermes Premier Municipal Income Fund positions in Q2 2018 and 2 closed out, a net change of 0 holders.
- The largest Federated Hermes Premier Municipal Income Fund buyer in Q2 2018 was Invesco, an estimated $476K added.
- The largest Federated Hermes Premier Municipal Income Fund seller in Q2 2018 was Icon Advisers, an estimated $1.02M sold.
Based on aggregated 13F filings for Q2 2018.