Federated Hermes Premier Municipal Income Fund
46 hedge funds and large institutions have $25.9M invested in Federated Hermes Premier Municipal Income Fund in 2022 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
12% more funds holding
Funds holding: 41 → 46 (+5)
2.39% more ownership
Funds ownership: 17.83% → 20.23% (+2.4%)
1% less capital invested
Capital invested by funds: $26.1M → $25.9M (-$136K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.77M |
| 2 |
Morgan Stanley
New York
|
+$809K |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$702K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$609K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$412K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XF
XML Financial
Bethesda,
Maryland
|
-$1.56M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$909K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$235K |
| 4 |
DP
Denver PWM
Denver,
Colorado
|
-$175K |
| 5 |
RIG
Ramiah Investment Group
Brookfield,
Wisconsin
|
-$72.1K |
FMN Hedge Fund Activity: Q2 2022 in Review
46 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes Premier Municipal Income Fund (FMN) for Q2 2022, worth a combined $25.9M — down 0.52% from $26.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FMN positions and 3 closed out — a net gain of 5 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $1.77M. The largest seller was XML Financial, exiting entirely with an estimated $1.56M sold.
- 46 institutional investors held Federated Hermes Premier Municipal Income Fund (FMN) as of Q2 2022, up from 41 in Q1 2022.
- Funds reported $25.9M of Federated Hermes Premier Municipal Income Fund stock for Q2 2022, down 0.52% quarter-over-quarter.
- 8 funds opened new Federated Hermes Premier Municipal Income Fund positions in Q2 2022 and 3 closed out, a net change of +5 holders.
- The largest Federated Hermes Premier Municipal Income Fund buyer in Q2 2022 was 1607 Capital Partners, an estimated $1.77M added.
- The largest Federated Hermes Premier Municipal Income Fund seller in Q2 2022 was XML Financial, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2022.