Managed Duration Inv Grd Muni Fd
MZF was delisted on the 3rd of August, 2018.
23 hedge funds and large institutions have $34M invested in Managed Duration Inv Grd Muni Fd in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
5% more capital invested
Capital invested by funds: $32.4M → $34M (+$1.65M)
5% more funds holding
Funds holding: 22 → 23 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.33M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$698K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$683K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$322K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$798K |
| 2 |
JP Morgan Chase
New York
|
-$122K |
| 3 |
Morgan Stanley
New York
|
-$80.6K |
| 4 |
HK
Horizon Kinetics
New York
|
-$31.8K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$23.3K |
MZF Hedge Fund Activity: Q4 2016 in Review
23 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Managed Duration Inv Grd Muni Fd (MZF) for Q4 2016, worth a combined $34M — up 5.1% from $32.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MZF positions and 2 closed out — a net gain of 1 holder — while 8 added to existing stakes and 4 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $3.33M. The largest seller was Ashford Capital Management, cutting an estimated $798K.
- 23 institutional investors held Managed Duration Inv Grd Muni Fd (MZF) as of Q4 2016, up from 22 in Q3 2016.
- Funds reported $34M of Managed Duration Inv Grd Muni Fd stock for Q4 2016, up 5.1% quarter-over-quarter.
- 3 funds opened new Managed Duration Inv Grd Muni Fd positions in Q4 2016 and 2 closed out, a net change of +1 holder.
- The largest Managed Duration Inv Grd Muni Fd buyer in Q4 2016 was Karpus Investment Management, an estimated $3.33M added.
- The largest Managed Duration Inv Grd Muni Fd seller in Q4 2016 was Ashford Capital Management, an estimated $798K sold.
Based on aggregated 13F filings for Q4 2016.