Managed Duration Inv Grd Muni Fd
MZF was delisted on the 3rd of August, 2018.
21 hedge funds and large institutions have $54M invested in Managed Duration Inv Grd Muni Fd in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 6 closing their positions.
11% more capital invested
Capital invested by funds: $48.5M → $54M (+$5.55M)
16% less funds holding
Funds holding: 25 → 21 (-4)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$4.28M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.54M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.23M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$243K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$637K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$623K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$406K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$241K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$195K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
26
Doliver Advisors
Houston,
Texas
| – | -$148K | -11,008 | Closed |
|
27
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$139K | -10,376 | Closed |
|
MZF Hedge Fund Activity: Q1 2018 in Review
21 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Managed Duration Inv Grd Muni Fd (MZF) for Q1 2018, worth a combined $54M — up 11% from $48.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MZF and 2 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Icon Advisers, opening a new position worth an estimated $4.28M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $637K sold.
- 21 institutional investors held Managed Duration Inv Grd Muni Fd (MZF) as of Q1 2018, down from 25 in Q4 2017.
- Funds reported $54M of Managed Duration Inv Grd Muni Fd stock for Q1 2018, up 11% quarter-over-quarter.
- 2 funds opened new Managed Duration Inv Grd Muni Fd positions in Q1 2018 and 6 closed out, a net change of -4 holders.
- The largest Managed Duration Inv Grd Muni Fd buyer in Q1 2018 was Icon Advisers, an estimated $4.28M added.
- The largest Managed Duration Inv Grd Muni Fd seller in Q1 2018 was Fiera Capital (Canada), an estimated $637K sold.
Based on aggregated 13F filings for Q1 2018.