Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
34 hedge funds and large institutions have $16M invested in Pioneer Municipal High Income Advantage Fund in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
22% more capital invested
Capital invested by funds: $13.1M → $16M (+$2.83M)
10% more funds holding
Funds holding: 31 → 34 (+3)
1.22% more ownership
Funds ownership: 3.92% → 5.14% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.32M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.05M |
| 4 |
LCM
Laurion Capital Management
New York
|
+$238K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$198K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$295K |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$289K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$68.4K |
| 4 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$68.1K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$53.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $52K | +$53.2K | +3,951 | New |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $47K | +$25.6K | +1,904 | +111% |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $44K | – | – | – |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $41K | – | – | – |
|
|
DADC
30
D.A. Davidson & Co
Great Falls,
Montana
| $27K | +$28.3K | +2,100 | New |
|
|
CTC
31
Central Trust Company
Jefferson City,
Missouri
| $17K | – | – | – |
|
|
GWM
32
Geneos Wealth Management
Englewood,
Colorado
| $16K | +$256 | +19 | +1% |
|
|
VIA
33
Vantage Investment Advisors
State College,
Pennsylvania
| $7K | +$6.73K | +500 | New |
|
|
NFG
34
Next Financial Group
Houston,
Texas
| $4K | +$3.7K | +275 | New |
|
|
PAG
35
Private Advisor Group
Morristown,
New Jersey
| – | -$289K | -20,528 | Closed |
|
|
PG
36
Patten Group
Chattanooga,
Tennessee
| – | -$9.88K | -700 | Closed |
|
MAV Hedge Fund Activity: Q3 2016 in Review
34 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q3 2016, worth a combined $16M — up 22% from $13.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MAV positions and 2 closed out — a net gain of 4 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was Doliver Advisors, opening a new position worth an estimated $1.7M. The largest seller was Morgan Stanley, cutting an estimated $295K.
- 34 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q3 2016, up from 31 in Q2 2016.
- Funds reported $16M of Pioneer Municipal High Income Advantage Fund stock for Q3 2016, up 22% quarter-over-quarter.
- 6 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q3 2016 and 2 closed out, a net change of +4 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q3 2016 was Doliver Advisors, an estimated $1.7M added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q3 2016 was Morgan Stanley, an estimated $295K sold.
Based on aggregated 13F filings for Q3 2016.