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MZF

Managed Duration Inv Grd Muni Fd

Delisted

MZF was delisted on the 3rd of August, 2018.

23 hedge funds and large institutions have $27.6M invested in Managed Duration Inv Grd Muni Fd in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 1

42% more capital invested

Capital invested by funds: $19.5M → $27.6M (+$8.17M)

17% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 6

15% more funds holding

Funds holding: 2023 (+3)

Holders
23
Holders Change
+3
Holders Change %
+15%
% of All Funds
0.6%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
7
Reduced
6
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$10.8M +$4.63M +346,532 +80%
ACM
2
Ashford Capital Management
Delaware
$3.66M +$386K +28,843 +12%
SIA
3
Sit Investment Associates
Minnesota
$2.11M +$325K +24,339 +19%
Morgan Stanley
4
Morgan Stanley
New York
$2M -$216K -16,128 -10%
AAM
5
Advisors Asset Management
Colorado
$1.73M -$23.3K -1,740 -1%
NL
6
NWAM LLC
Washington
$1.5M +$1.46M +108,865 New
Fiera Capital (Canada)
7
Fiera Capital (Canada)
Quebec, Canada
$1.17M +$1.14M +84,900 New
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$1.15M +$302K +22,600 +37%
HK
9
Horizon Kinetics
New York
$735K -$90K -6,732 -11%
Wells Fargo
10
Wells Fargo
California
$587K -$4.48K -335 -0.8%
TCM
11
Tradewinds Capital Management
Washington
$462K
Bank of America
12
Bank of America
North Carolina
$340K +$18.1K +1,353 +6%
SPC
13
Sigma Planning Corp
Michigan
$314K
UBS Group
14
UBS Group
Switzerland
$239K +$60.5K +4,523 +35%
RJA
15
Raymond James & Associates
Florida
$238K -$67 -5 -0%
LCM
16
Landscape Capital Management
New Jersey
$187K +$181K +13,562 New
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$156K +$81.5K +6,093 +116%
LCM
18
Laurion Capital Management
New York
$144K +$140K +10,494 New
JP Morgan Chase
19
JP Morgan Chase
New York
$117K +$114K +8,529 New
Northwestern Mutual Wealth Management
20
Northwestern Mutual Wealth Management
Wisconsin
$8K
HCM
21
Highlander Capital Management
New Jersey
$6K
Creative Planning
22
Creative Planning
Kansas
$4K
N
23
Nuveen
North Carolina
$518 -$437K -32,682 -46%
Invesco
24
Invesco
Georgia
-$138K -10,344 Closed

MZF Hedge Fund Activity: Q4 2015 in Review

23 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Managed Duration Inv Grd Muni Fd (MZF) for Q4 2015, worth a combined $27.6M — up 42% from $19.5M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new MZF positions and 1 closed out — a net gain of 4 holders — while 7 added to existing stakes and 6 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $4.63M. The largest seller was Nuveen, cutting an estimated $437K.

  • 23 institutional investors held Managed Duration Inv Grd Muni Fd (MZF) as of Q4 2015, up from 20 in Q3 2015.
  • Funds reported $27.6M of Managed Duration Inv Grd Muni Fd stock for Q4 2015, up 42% quarter-over-quarter.
  • 5 funds opened new Managed Duration Inv Grd Muni Fd positions in Q4 2015 and 1 closed out, a net change of +4 holders.
  • The largest Managed Duration Inv Grd Muni Fd buyer in Q4 2015 was Karpus Investment Management, an estimated $4.63M added.
  • The largest Managed Duration Inv Grd Muni Fd seller in Q4 2015 was Nuveen, an estimated $437K sold.

Based on aggregated 13F filings for Q4 2015.