Federated Hermes Premier Municipal Income Fund
37 hedge funds and large institutions have $24.3M invested in Federated Hermes Premier Municipal Income Fund in 2021 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
6% more funds holding
Funds holding: 35 → 37 (+2)
0.86% less ownership
Funds ownership: 14.93% → 14.07% (-0.86%)
8% less capital invested
Capital invested by funds: $26.3M → $24.3M (-$1.99M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$576K |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$513K |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$369K |
| 4 |
LPL Financial
San Diego,
California
|
+$337K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$2.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$674K |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$462K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$383K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$356K |
FMN Hedge Fund Activity: Q4 2021 in Review
37 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes Premier Municipal Income Fund (FMN) for Q4 2021, worth a combined $24.3M — down 7.6% from $26.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FMN positions and 4 closed out — a net gain of 2 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Invesco, adding an estimated $576K. The largest seller was Kestra Advisory Services, exiting entirely with an estimated $2.4M sold.
- 37 institutional investors held Federated Hermes Premier Municipal Income Fund (FMN) as of Q4 2021, up from 35 in Q3 2021.
- Funds reported $24.3M of Federated Hermes Premier Municipal Income Fund stock for Q4 2021, down 7.6% quarter-over-quarter.
- 6 funds opened new Federated Hermes Premier Municipal Income Fund positions in Q4 2021 and 4 closed out, a net change of +2 holders.
- The largest Federated Hermes Premier Municipal Income Fund buyer in Q4 2021 was Invesco, an estimated $576K added.
- The largest Federated Hermes Premier Municipal Income Fund seller in Q4 2021 was Kestra Advisory Services, an estimated $2.4M sold.
Based on aggregated 13F filings for Q4 2021.