Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
56 hedge funds and large institutions have $69.4M invested in Pioneer Municipal High Income Advantage Fund in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 12 reducing their positions, and 7 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 12
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
14% more capital invested
Capital invested by funds: $60.9M → $69.4M (+$8.51M)
4% more funds holding
Funds holding: 54 → 56 (+2)
2.52% more ownership
Funds ownership: 25.04% → 27.56% (+2.5%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.43M |
| 2 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$616K |
| 3 |
PAS
Park Avenue Securities
New York
|
+$598K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$540K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$476K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$995K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$323K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$219K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$175K |
| 5 |
Goldman Sachs
New York
|
-$173K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $35K | +$16K | +1,547 | +85% |
|
|
WAM
52
Wolverine Asset Management
Chicago,
Illinois
| $15K | -$20.5K | -1,982 | -57% |
|
|
PAG
53
Private Advisor Group
Morristown,
New Jersey
| $11K | +$10.4K | +1,000 | New |
|
|
PAM
54
Panagora Asset Management
Boston,
Massachusetts
| $5K | – | – | – |
|
|
LCM
55
Landscape Capital Management
Englewood,
New Jersey
| – | -$219K | -21,536 | Closed |
|
|
MC
56
Matisse Capital
Portland,
Oregon
| – | -$132K | -12,934 | Closed |
|
|
FIA
57
FNY Investment Advisers
New York
| – | -$102K | -10,043 | Closed |
|
|
LC
58
Lindbrook Capital
Calabasas,
California
| – | -$41K | -4,000 | Closed |
|
|
CTC
59
Central Trust Company
Jefferson City,
Missouri
| – | -$14K | -1,334 | Closed |
|
|
DWM
60
Darwin Wealth Management
Tampa,
Florida
| – | -$10K | -1,000 | Closed |
|
|
NFG
61
Next Financial Group
Houston,
Texas
| – | -$3K | -275 | Closed |
|
MAV Hedge Fund Activity: Q2 2020 in Review
56 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q2 2020, worth a combined $69.4M — up 14% from $60.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MAV positions and 7 closed out — a net gain of 2 holders — while 25 added to existing stakes and 12 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $1.43M. The largest seller was Wells Fargo, cutting an estimated $995K.
- 56 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q2 2020, up from 54 in Q1 2020.
- Funds reported $69.4M of Pioneer Municipal High Income Advantage Fund stock for Q2 2020, up 14% quarter-over-quarter.
- 9 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q2 2020 and 7 closed out, a net change of +2 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q2 2020 was Parametric Portfolio Associates, an estimated $1.43M added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q2 2020 was Wells Fargo, an estimated $995K sold.
Based on aggregated 13F filings for Q2 2020.