Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
41 hedge funds and large institutions have $26.9M invested in Pioneer Municipal High Income Advantage Fund in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
5% more funds holding
Funds holding: 39 → 41 (+2)
0.15% more ownership
Funds ownership: 9.75% → 9.9% (+0.15%)
0% less capital invested
Capital invested by funds: $26.9M → $26.9M (-$29.4K)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$4.55M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.48M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.04M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$326K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$4.3M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.11M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$849K |
| 4 |
VF
Virtu Financial
New York
|
-$640K |
| 5 |
Millennium Management
New York
|
-$224K |
MAV Hedge Fund Activity: Q4 2017 in Review
41 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q4 2017, worth a combined $26.9M — down 0.11% from $26.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MAV positions and 4 closed out — a net gain of 2 holders — while 12 added to existing stakes and 13 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $4.55M. The largest seller was Robinson Capital Management, cutting an estimated $4.3M.
- 41 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q4 2017, up from 39 in Q3 2017.
- Funds reported $26.9M of Pioneer Municipal High Income Advantage Fund stock for Q4 2017, down 0.11% quarter-over-quarter.
- 6 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q4 2017 and 4 closed out, a net change of +2 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q4 2017 was Laurion Capital Management, an estimated $4.55M added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q4 2017 was Robinson Capital Management, an estimated $4.3M sold.
Based on aggregated 13F filings for Q4 2017.