Managed Duration Inv Grd Muni Fd
MZF was delisted on the 3rd of August, 2018.
24 hedge funds and large institutions have $33M invested in Managed Duration Inv Grd Muni Fd in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 4 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
7% more capital invested
Capital invested by funds: $30.9M → $33M (+$2.11M)
4% less funds holding
Funds holding: 25 → 24 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.1M |
| 2 |
Morgan Stanley
New York
|
+$478K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$421K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$288K |
| 5 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$1.25M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$325K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$321K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$155K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$126K |
MZF Hedge Fund Activity: Q2 2016 in Review
24 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Managed Duration Inv Grd Muni Fd (MZF) for Q2 2016, worth a combined $33M — up 6.8% from $30.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MZF and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 7 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.1M. The largest seller was NWAM LLC, exiting entirely with an estimated $1.25M sold.
- 24 institutional investors held Managed Duration Inv Grd Muni Fd (MZF) as of Q2 2016, down from 25 in Q1 2016.
- Funds reported $33M of Managed Duration Inv Grd Muni Fd stock for Q2 2016, up 6.8% quarter-over-quarter.
- 3 funds opened new Managed Duration Inv Grd Muni Fd positions in Q2 2016 and 4 closed out, a net change of -1 holder.
- The largest Managed Duration Inv Grd Muni Fd buyer in Q2 2016 was Karpus Investment Management, an estimated $1.1M added.
- The largest Managed Duration Inv Grd Muni Fd seller in Q2 2016 was NWAM LLC, an estimated $1.25M sold.
Based on aggregated 13F filings for Q2 2016.