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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 $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.

New
Increased
Maintained
Reduced
Closed

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: 2223 (+1)

Holders
23
Holders Change
+1
Holders Change %
+4.55%
% of All Funds
0.57%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
8
Reduced
4
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$18.4M +$3.33M +246,804 +21%
SIA
2
Sit Investment Associates
Minnesota
$2.23M +$40.4K +2,990 +2%
Morgan Stanley
3
Morgan Stanley
New York
$2.21M -$80.6K -5,969 -3%
ACM
4
Ashford Capital Management
Delaware
$1.69M -$798K -59,051 -31%
Fiera Capital (Canada)
5
Fiera Capital (Canada)
Quebec, Canada
$1.57M +$698K +51,698 +76%
Wells Fargo
6
Wells Fargo
California
$1.38M +$120K +8,850 +9%
AAM
7
Advisors Asset Management
Colorado
$1.37M -$23.3K -1,725 -2%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$1.09M
RCM
9
Rivernorth Capital Management
Florida
$851K +$683K +50,551 +353%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$689K +$149K +11,025 +27%
UBS Group
11
UBS Group
Switzerland
$523K +$322K +23,837 +149%
TCM
12
Tradewinds Capital Management
Washington
$428K
HK
13
Horizon Kinetics
New York
$418K -$31.8K -2,355 -7%
Bank of America
14
Bank of America
North Carolina
$392K +$4.57K +338 +1%
SPC
15
Sigma Planning Corp
Michigan
$299K
RJA
16
Raymond James & Associates
Florida
$227K
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$141K +$145K +10,730 New
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$131K +$135K +10,012 New
AG
19
Advisor Group
Arizona
$26K
IA
20
IFP Advisors
Florida
$6K
HCM
21
Highlander Capital Management
New Jersey
$5K
Creative Planning
22
Creative Planning
Kansas
$4K
TRCT
23
Tower Research Capital (TRC)
New York
$1K +$1.35K +100 New
JP Morgan Chase
24
JP Morgan Chase
New York
-$122K -8,529 Closed
WAM
25
Wolverine Asset Management
Illinois
-$1K -117 Closed

MZF Hedge Fund Activity: Q4 2016 in Review

23 of the 4,000 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.