Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
39 hedge funds and large institutions have $26.9M invested in Pioneer Municipal High Income Advantage Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 3 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 38 → 39 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.33% less ownership
Funds ownership: 10.08% → 9.75% (-0.33%)
2% less capital invested
Capital invested by funds: $27.5M → $26.9M (-$553K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$642K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$387K |
| 3 |
Millennium Management
New York
|
+$224K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$151K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$889K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$686K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$192K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$187K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$167K |
MAV Hedge Fund Activity: Q3 2017 in Review
39 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q3 2017, worth a combined $26.9M — down 2% from $27.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MAV positions and 3 closed out — a net gain of 1 holder — while 16 added to existing stakes and 11 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $642K. The largest seller was UBS Group, cutting an estimated $889K.
- 39 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q3 2017, up from 38 in Q2 2017.
- Funds reported $26.9M of Pioneer Municipal High Income Advantage Fund stock for Q3 2017, down 2% quarter-over-quarter.
- 4 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q3 2017 and 3 closed out, a net change of +1 holder.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q3 2017 was Virtu Financial, an estimated $642K added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q3 2017 was UBS Group, an estimated $889K sold.
Based on aggregated 13F filings for Q3 2017.