Pioneer Municipal High Income Advantage Fund
MAV
MAV was delisted on the 22nd of August, 2025.
46 hedge funds and large institutions have $38.5M invested in Pioneer Municipal High Income Advantage Fund in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 9 reducing their positions, and 6 closing their positions.
178% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 9
8% more capital invested
Capital invested by funds: $35.7M → $38.5M (+$2.75M)
1.31% more ownership
Funds ownership: 13.9% → 15.21% (+1.3%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
2% less funds holding
Funds holding: 47 → 46 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$642K |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$591K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$497K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$451K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$449K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$381K |
| 2 |
OC
Oppenheimer & Co
New York
|
-$333K |
| 3 |
PAS
Park Avenue Securities
New York
|
-$245K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$183K |
| 5 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
-$179K |
MAV Hedge Fund Activity: Q2 2019 in Review
46 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Pioneer Municipal High Income Advantage Fund (MAV) for Q2 2019, worth a combined $38.5M — up 7.7% from $35.7M a quarter earlier.
Fund positioning in MAV was balanced in Q2 2019: 6 funds opened new positions, 6 closed out, 25 added to existing stakes and 9 trimmed.
The largest buyer was Wells Fargo, adding an estimated $642K. The largest seller was Millennium Management, exiting entirely with an estimated $381K sold.
- 46 institutional investors held Pioneer Municipal High Income Advantage Fund (MAV) as of Q2 2019, down from 47 in Q1 2019.
- Funds reported $38.5M of Pioneer Municipal High Income Advantage Fund stock for Q2 2019, up 7.7% quarter-over-quarter.
- 6 funds opened new Pioneer Municipal High Income Advantage Fund positions in Q2 2019 and 6 closed out, a net change of 0 holders.
- The largest Pioneer Municipal High Income Advantage Fund buyer in Q2 2019 was Wells Fargo, an estimated $642K added.
- The largest Pioneer Municipal High Income Advantage Fund seller in Q2 2019 was Millennium Management, an estimated $381K sold.
Based on aggregated 13F filings for Q2 2019.