Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
36 hedge funds and large institutions have $10.6M invested in Pioneer Municipal High Income Advantage Fund in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 6 closing their positions.
18% more capital invested
Capital invested by funds: $8.96M → $10.6M (+$1.64M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more funds holding
Funds holding: 35 → 36 (+1)
0.41% more ownership
Funds ownership: 3.11% → 3.51% (+0.41%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$351K |
| 2 |
Squarepoint
New York
|
+$274K |
| 3 |
SG Americas Securities
New York
|
+$268K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$192K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSA
Liberty Street Advisors
New York
|
-$1.58M |
| 2 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$193K |
| 3 |
PG
Patten Group
Chattanooga,
Tennessee
|
-$104K |
| 4 |
DLHL
Donald L. Hagan LLC
Sarasota,
Florida
|
-$80K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$69.7K |
MAV Hedge Fund Activity: Q4 2015 in Review
36 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q4 2015, worth a combined $10.6M — up 18% from $8.96M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MAV positions and 6 closed out — a net gain of 1 holder — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $351K. The largest seller was Liberty Street Advisors, exiting entirely with an estimated $1.58M sold.
- 36 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q4 2015, up from 35 in Q3 2015.
- Funds reported $10.6M of Pioneer Municipal High Income Advantage Fund stock for Q4 2015, up 18% quarter-over-quarter.
- 7 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q4 2015 and 6 closed out, a net change of +1 holder.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q4 2015 was Cohen & Steers, an estimated $351K added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q4 2015 was Liberty Street Advisors, an estimated $1.58M sold.
Based on aggregated 13F filings for Q4 2015.