Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
44 hedge funds and large institutions have $29.7M invested in Pioneer Municipal High Income Advantage Fund in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
55% more capital invested
Capital invested by funds: $19.1M → $29.7M (+$10.5M)
13% more funds holding
Funds holding: 39 → 44 (+5)
4.55% more ownership
Funds ownership: 6.83% → 11.39% (+4.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.77M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$2.51M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.09M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$1.11M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$782K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$452K |
| 2 |
LCM
Laurion Capital Management
New York
|
-$235K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$222K |
| 4 |
LPL Financial
San Diego,
California
|
-$219K |
| 5 |
Squarepoint
New York
|
-$162K |
MAV Hedge Fund Activity: Q1 2017 in Review
44 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q1 2017, worth a combined $29.7M — up 55% from $19.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MAV positions and 7 closed out — a net gain of 6 holders — while 15 added to existing stakes and 8 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $2.77M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $452K sold.
- 44 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q1 2017, up from 39 in Q4 2016.
- Funds reported $29.7M of Pioneer Municipal High Income Advantage Fund stock for Q1 2017, up 55% quarter-over-quarter.
- 13 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q1 2017 and 7 closed out, a net change of +6 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q1 2017 was City of London Investment Management, an estimated $2.77M added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q1 2017 was Virtu KCG Holdings, an estimated $452K sold.
Based on aggregated 13F filings for Q1 2017.