Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
39 hedge funds and large institutions have $19.1M invested in Pioneer Municipal High Income Advantage Fund in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
20% more capital invested
Capital invested by funds: $16M → $19.1M (+$3.17M)
15% more funds holding
Funds holding: 34 → 39 (+5)
1.69% more ownership
Funds ownership: 5.14% → 6.83% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$2.72M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$2.46M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$547K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$289K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.65M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$223K |
| 3 |
VanEck Associates
New York
|
-$185K |
| 4 |
KWMG
King Wealth Management Group
Naples,
Florida
|
-$131K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$116K |
MAV Hedge Fund Activity: Q4 2016 in Review
39 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q4 2016, worth a combined $19.1M — up 20% from $16M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MAV positions and 3 closed out — a net gain of 6 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $2.72M. The largest seller was Doliver Advisors, exiting entirely with an estimated $1.65M sold.
- 39 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q4 2016, up from 34 in Q3 2016.
- Funds reported $19.1M of Pioneer Municipal High Income Advantage Fund stock for Q4 2016, up 20% quarter-over-quarter.
- 9 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q4 2016 and 3 closed out, a net change of +6 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q4 2016 was Bessemer Group, an estimated $2.72M added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q4 2016 was Doliver Advisors, an estimated $1.65M sold.
Based on aggregated 13F filings for Q4 2016.