Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
32 hedge funds and large institutions have $12.3M invested in Pioneer Municipal High Income Advantage Fund in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 6 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
16% more capital invested
Capital invested by funds: $10.6M → $12.3M (+$1.7M)
0.39% more ownership
Funds ownership: 3.51% → 3.9% (+0.39%)
11% less funds holding
Funds holding: 36 → 32 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.17M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$205K |
| 3 |
DLHL
Donald L. Hagan LLC
Sarasota,
Florida
|
+$84.3K |
| 4 |
VanEck Associates
New York
|
+$63.5K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$40.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$367K |
| 2 |
Squarepoint
New York
|
-$275K |
| 3 |
SG Americas Securities
New York
|
-$269K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$227K |
| 5 |
LPL Financial
San Diego,
California
|
-$105K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $33K | +$33K | +2,449 | New |
|
|
CTC
27
Central Trust Company
Jefferson City,
Missouri
| $19K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $10K | +$7.84K | +581 | +412% |
|
|
PG
29
Patten Group
Chattanooga,
Tennessee
| $9.71K | – | – | – |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $2K | -$43.2K | -3,200 | -94% |
|
|
N
31
Nuveen
Charlotte,
North Carolina
| $562 | – | – | – |
|
|
LCM
32
Laurion Capital Management
New York
| – | -$367K | -27,458 | Closed |
|
|
33
Squarepoint
New York
| – | -$275K | -20,594 | Closed |
|
|
34
SG Americas Securities
New York
| – | -$269K | -20,175 | Closed |
|
|
FAAS
35
First Allied Advisory Services
San Diego,
California
| – | -$227K | -17,010 | Closed |
|
|
AIG
36
American International Group
New York
| – | -$13K | -1,000 | Closed |
|
|
AFP
37
Ausdal Financial Partners
Davenport,
Iowa
| – | -$13K | -990 | Closed |
|
MAV Hedge Fund Activity: Q1 2016 in Review
32 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q1 2016, worth a combined $12.3M — up 16% from $10.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MAV and 2 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 13 added.
The largest buyer was Robinson Capital Management, adding an estimated $2.17M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $367K sold.
- 32 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q1 2016, down from 36 in Q4 2015.
- Funds reported $12.3M of Pioneer Municipal High Income Advantage Fund stock for Q1 2016, up 16% quarter-over-quarter.
- 2 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q1 2016 and 6 closed out, a net change of -4 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q1 2016 was Robinson Capital Management, an estimated $2.17M added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q1 2016 was Laurion Capital Management, an estimated $367K sold.
Based on aggregated 13F filings for Q1 2016.