We are live on ! Find out more
MAV

Pioneer Municipal High Income Advantage Fund
MAV

Delisted

MAV was delisted on the 22nd of August, 2025.

Back to rankings

2 hedge funds and large institutions have $321K invested in Pioneer Municipal High Income Advantage Fund in 2025 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

54.65% less ownership

Funds ownership: 54.82% → 0.17% (-55%)

96% less funds holding

Funds holding: 57 → 2 (-55)

100% less capital invested

Capital invested by funds: $109M → $321K (-$108M)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 55

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 2

Holders
2
Holders Change
-55
Holders Change %
-96.49%
% of All Funds
0.03%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
–
Increased
–
Reduced
2
Closed
55
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

No buyers this quarter

Top Sellers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
-$33.3M
2
SIA
Sit Investment Associates
Minnesota
-$18.7M
3
AC
Almitas Capital
California
-$10.3M
4
MSL
Mackay Shields LLC
New York
-$6.11M
5
HWAM
Hennion & Walsh Asset Management
New Jersey
-$4.39M
Name Holding Trade Value Shares
Change 		Change in
Stake
Raymond James Financial
26
Raymond James Financial
Florida
– -$444K -53,458 Closed
AA
27
AQR Arbitrage
Connecticut
– -$373K -44,974 Closed
LSC
28
Logan Stone Capital
Illinois
– -$359K -43,279 Closed
IAS
29
Insigneo Advisory Services
Florida
– -$357K -43,000 Closed
CPIG
30
Chicago Partners Investment Group
Illinois
– -$322K -39,786 Closed
Carson Wealth (CWM LLC)
31
Carson Wealth (CWM LLC)
Nebraska
– -$301K -36,274 Closed
GAB
32
German American Bancorp
Indiana
– -$271K -32,610 Closed
LPL Financial
33
LPL Financial
California
– -$250K -30,097 Closed
Bank of New York Mellon
34
Bank of New York Mellon
New York
– -$230K -27,651 Closed
CIA
35
Capital Investment Advisors
Georgia
– -$223K -26,873 Closed
Balyasny Asset Management
36
Balyasny Asset Management
Illinois
– -$213K -25,656 Closed
ICMP
37
Integrated Capital Management (Pennsylvania)
Pennsylvania
– -$194K -23,339 Closed
SWP
38
Stratos Wealth Partners
Ohio
– -$183K -22,000 Closed
Toronto Dominion Bank
39
Toronto Dominion Bank
Ontario, Canada
– -$167K -20,128 Closed
Cambridge Investment Research Advisors
40
Cambridge Investment Research Advisors
Iowa
– -$156K -18,772 Closed
WAM
41
Wolverine Asset Management
Illinois
– -$134K -16,113 Closed
WANY
42
Wealthspire Advisors (New York)
New York
– -$125K -15,000 Closed
XF
43
XML Financial
Maryland
– -$120K -14,500 Closed
PAW
44
Plan A Wealth
Nebraska
– -$107K -12,897 Closed
Mariner
45
Mariner
Kansas
– -$98.8K -11,908 Closed
Ameriprise
46
Ameriprise
Minnesota
– -$97.9K -11,791 Closed
Susquehanna International Group
47
Susquehanna International Group
Pennsylvania
– -$93.9K -11,312 Closed
MSAM
48
Moloney Securities Asset Management
Missouri
– -$93.8K -11,295 Closed
DACS
49
Dymon Asia Capital (Singapore)
Singapore
– -$89K -10,726 Closed
Comerica Bank
50
Comerica Bank
Texas
– -$43.1K -5,190 Closed
1
2
3

MAV Hedge Fund Activity: Q3 2025 in Review

2 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q3 2025, worth a combined $321K — down 100% from $109M a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of MAV and 0 opened new positions — a net loss of 55 holders — while 2 trimmed existing stakes and 0 added.

The largest seller was Saba Capital Management, exiting entirely with an estimated $33.3M sold.

  • 2 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q3 2025, down from 57 in Q2 2025.
  • Funds reported $321K of Pioneer Municipal High Income Advantage Fund stock for Q3 2025, down 100% quarter-over-quarter.
  • 0 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q3 2025 and 55 closed out, a net change of -55 holders.
  • The largest Pioneer Municipal High Income Advantage Fund seller in Q3 2025 was Saba Capital Management, an estimated $33.3M sold.

Based on aggregated 13F filings for Q3 2025.