Managed Duration Inv Grd Muni Fd
MZF was delisted on the 3rd of August, 2018.
22 hedge funds and large institutions have $32.4M invested in Managed Duration Inv Grd Muni Fd in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 2 closing their positions.
2% less capital invested
Capital invested by funds: $33M → $32.4M (-$609K)
8% less funds holding
Funds holding: 24 → 22 (-2)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$500K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$445K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$211K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$208K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$286K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$221K |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$211K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$177K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$170K |
MZF Hedge Fund Activity: Q3 2016 in Review
22 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Managed Duration Inv Grd Muni Fd (MZF) for Q3 2016, worth a combined $32.4M — down 1.8% from $33M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MZF and 1 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 6 added.
The largest buyer was Karpus Investment Management, adding an estimated $500K. The largest seller was Horizon Kinetics, cutting an estimated $286K.
- 22 institutional investors held Managed Duration Inv Grd Muni Fd (MZF) as of Q3 2016, down from 24 in Q2 2016.
- Funds reported $32.4M of Managed Duration Inv Grd Muni Fd stock for Q3 2016, down 1.8% quarter-over-quarter.
- 1 fund opened new Managed Duration Inv Grd Muni Fd positions in Q3 2016 and 2 closed out, a net change of -1 holder.
- The largest Managed Duration Inv Grd Muni Fd buyer in Q3 2016 was Karpus Investment Management, an estimated $500K added.
- The largest Managed Duration Inv Grd Muni Fd seller in Q3 2016 was Horizon Kinetics, an estimated $286K sold.
Based on aggregated 13F filings for Q3 2016.