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MZF

Managed Duration Inv Grd Muni Fd

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 2120 (-1)

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

Holders
20
Holders Change
-1
Holders Change %
-4.76%
% of All Funds
0.54%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
7
Reduced
5
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$2.8M +$387K +29,263 +16%
ACM
2
Ashford Capital Management
Delaware
$2.62M -$1.27M -95,860 -33%
KIM
3
Karpus Investment Management
New York
$2.5M +$2.5M +188,921 New
SIA
4
Sit Investment Associates
Minnesota
$1.88M +$354K +26,814 +23%
NL
5
NWAM LLC
Washington
$1.38M +$1.37M +104,000 New
AAM
6
Advisors Asset Management
Colorado
$1.22M +$704K +53,273 +138%
HK
7
Horizon Kinetics
New York
$889K -$80.6K -6,100 -8%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$806K +$803K +60,800 New
Wells Fargo
9
Wells Fargo
California
$592K -$125K -9,432 -17%
TCM
10
Tradewinds Capital Management
Washington
$445K -$33.7K -2,550 -7%
Bank of America
11
Bank of America
North Carolina
$414K +$56K +4,243 +16%
SPC
12
Sigma Planning Corp
Michigan
$352K +$700 +53 +0.2%
Invesco
13
Invesco
Georgia
$201K
WAM
14
Wolverine Asset Management
Illinois
$200K -$653K -49,441 -77%
UBS Group
15
UBS Group
Switzerland
$168K +$76.5K +5,789 +84%
PAM
16
Panagora Asset Management
Massachusetts
$116K +$115K +8,721 New
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$92K
Northwestern Mutual Wealth Management
18
Northwestern Mutual Wealth Management
Wisconsin
$8K
HCM
19
Highlander Capital Management
New Jersey
$5K
TRCT
20
Tower Research Capital (TRC)
New York
$2K +$1.8K +136 New
N
21
Nuveen
North Carolina
$931 +$187K +14,146 +25%
MIG
22
Mariner Investment Group
New York
-$848K -62,477 Closed
CRC
23
Curi RMB Capital
Illinois
-$293K -21,566 Closed
Goldman Sachs
24
Goldman Sachs
New York
-$287K -21,099 Closed
ICAS
25
Investors Capital Advisory Services
Massachusetts
-$238K -17,559 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.