Federated Hermes Premier Municipal Income Fund
44 hedge funds and large institutions have $30.8M invested in Federated Hermes Premier Municipal Income Fund in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
25% more capital invested
Capital invested by funds: $24.6M → $30.8M (+$6.16M)
16% more funds holding
Funds holding: 38 → 44 (+6)
4.7% more ownership
Funds ownership: 19.4% → 24.1% (+4.7%)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
+$2.37M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.7M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$697K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$623K |
| 5 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$360K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$362K |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$292K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$173K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$141K |
| 5 |
SCM
Saba Capital Management
New York
|
-$106K |
FMN Hedge Fund Activity: Q4 2025 in Review
44 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes Premier Municipal Income Fund (FMN) for Q4 2025, worth a combined $30.8M — up 25% from $24.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FMN positions and 3 closed out — a net gain of 6 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was Pathstone Holdings, adding an estimated $2.37M. The largest seller was Raymond James Financial, cutting an estimated $362K.
- 44 institutional investors held Federated Hermes Premier Municipal Income Fund (FMN) as of Q4 2025, up from 38 in Q3 2025.
- Funds reported $30.8M of Federated Hermes Premier Municipal Income Fund stock for Q4 2025, up 25% quarter-over-quarter.
- 9 funds opened new Federated Hermes Premier Municipal Income Fund positions in Q4 2025 and 3 closed out, a net change of +6 holders.
- The largest Federated Hermes Premier Municipal Income Fund buyer in Q4 2025 was Pathstone Holdings, an estimated $2.37M added.
- The largest Federated Hermes Premier Municipal Income Fund seller in Q4 2025 was Raymond James Financial, an estimated $362K sold.
Based on aggregated 13F filings for Q4 2025.