Managed Duration Inv Grd Muni Fd
MZF was delisted on the 3rd of August, 2018.
20 hedge funds and large institutions have $16.7M invested in Managed Duration Inv Grd Muni Fd in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 6 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
9% more capital invested
Capital invested by funds: $15.4M → $16.7M (+$1.31M)
5% less funds holding
Funds holding: 21 → 20 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.5M |
| 2 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$1.37M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$803K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$704K |
| 5 |
Morgan Stanley
New York
|
+$387K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$1.27M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$848K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$653K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$293K |
| 5 |
Goldman Sachs
New York
|
-$287K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
26
TFS Capital
West Chester,
Pennsylvania
| – | -$166K | -12,258 | Closed |
|
27
Creative Planning
Overland Park,
Kansas
| – | -$4K | -305 | Closed |
|
MZF Hedge Fund Activity: Q2 2015 in Review
20 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Managed Duration Inv Grd Muni Fd (MZF) for Q2 2015, worth a combined $16.7M — up 8.5% from $15.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MZF and 5 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 7 added.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $2.5M. The largest seller was Ashford Capital Management, cutting an estimated $1.27M.
- 20 institutional investors held Managed Duration Inv Grd Muni Fd (MZF) as of Q2 2015, down from 21 in Q1 2015.
- Funds reported $16.7M of Managed Duration Inv Grd Muni Fd stock for Q2 2015, up 8.5% quarter-over-quarter.
- 5 funds opened new Managed Duration Inv Grd Muni Fd positions in Q2 2015 and 6 closed out, a net change of -1 holder.
- The largest Managed Duration Inv Grd Muni Fd buyer in Q2 2015 was Karpus Investment Management, an estimated $2.5M added.
- The largest Managed Duration Inv Grd Muni Fd seller in Q2 2015 was Ashford Capital Management, an estimated $1.27M sold.
Based on aggregated 13F filings for Q2 2015.