Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
38 hedge funds and large institutions have $27.5M invested in Pioneer Municipal High Income Advantage Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 7 reducing their positions, and 10 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.31% less ownership
Funds ownership: 11.39% → 10.08% (-1.3%)
8% less capital invested
Capital invested by funds: $29.7M → $27.5M (-$2.23M)
14% less funds holding
Funds holding: 44 → 38 (-6)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$750K |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$517K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$412K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$241K |
| 5 |
HK
Horizon Kinetics
New York
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.3M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$776K |
| 3 |
AGM
Alpine Global Management
New York
|
-$728K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$713K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$650K |
MAV Hedge Fund Activity: Q2 2017 in Review
38 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q2 2017, worth a combined $27.5M — down 7.5% from $29.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MAV and 4 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 16 added.
The largest buyer was UBS Group, adding an estimated $750K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $2.3M sold.
- 38 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q2 2017, down from 44 in Q1 2017.
- Funds reported $27.5M of Pioneer Municipal High Income Advantage Fund stock for Q2 2017, down 7.5% quarter-over-quarter.
- 4 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q2 2017 and 10 closed out, a net change of -6 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q2 2017 was UBS Group, an estimated $750K added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q2 2017 was Laurion Capital Management, an estimated $2.3M sold.
Based on aggregated 13F filings for Q2 2017.