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MZF

Managed Duration Inv Grd Muni Fd

Delisted

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

25 hedge funds and large institutions have $48.5M invested in Managed Duration Inv Grd Muni Fd in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

60% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 5

9% more funds holding

Funds holding: 2325 (+2)

4% more capital invested

Capital invested by funds: $46.5M → $48.5M (+$1.97M)

Holders
25
Holders Change
+2
Holders Change %
+8.7%
% of All Funds
0.57%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
8
Reduced
5
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
$22.6M +$1.97M +145,446 +9%
RCM
2
Rivernorth Capital Management
Florida
$11.5M +$1.21M +89,256 +12%
Wells Fargo
3
Wells Fargo
California
$2.02M +$94.6K +6,970 +5%
SIA
4
Sit Investment Associates
Minnesota
$1.97M -$157K -11,587 -7%
Morgan Stanley
5
Morgan Stanley
New York
$1.36M +$424K +31,216 +44%
NL
6
NWAM LLC
Washington
$1.36M
PNC Financial Services Group
7
PNC Financial Services Group
Pennsylvania
$1.12M
AAM
8
Advisors Asset Management
Colorado
$1.01M -$35K -2,582 -3%
UBS Group
9
UBS Group
Switzerland
$746K +$25.4K +1,871 +3%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$700K -$21K -1,545 -3%
Fiera Capital (Canada)
11
Fiera Capital (Canada)
Quebec, Canada
$637K +$11.8K +866 +2%
CRC
12
Curi RMB Capital
Illinois
$623K +$629K +46,378 New
Bank of America
13
Bank of America
North Carolina
$416K +$14.6K +1,078 +4%
WAM
14
Wolverine Asset Management
Illinois
$406K +$411K +30,279 New
TCM
15
Tradewinds Capital Management
Washington
$389K -$49.5K -3,650 -11%
CAG
16
Crestwood Advisors Group
Massachusetts
$384K
RJA
17
Raymond James & Associates
Florida
$232K
LCM
18
Landscape Capital Management
New Jersey
$195K +$197K +14,503 New
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$173K -$72.2K -5,322 -29%
HK
20
Horizon Kinetics
New York
$172K
SPC
21
Sigma Planning Corp
Michigan
$152K
DA
22
Doliver Advisors
Texas
$148K +$149K +11,008 New
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$139K +$1.19K +88 +0.9%
HCM
24
Highlander Capital Management
New Jersey
$6K
IA
25
IFP Advisors
Florida
$6K

MZF Hedge Fund Activity: Q4 2017 in Review

25 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Managed Duration Inv Grd Muni Fd (MZF) for Q4 2017, worth a combined $48.5M — up 4.2% from $46.5M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new MZF positions and 2 closed out — a net gain of 2 holders — while 8 added to existing stakes and 5 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $1.97M. The largest seller was Ashford Capital Management, exiting entirely with an estimated $1.64M sold.

  • 25 institutional investors held Managed Duration Inv Grd Muni Fd (MZF) as of Q4 2017, up from 23 in Q3 2017.
  • Funds reported $48.5M of Managed Duration Inv Grd Muni Fd stock for Q4 2017, up 4.2% quarter-over-quarter.
  • 4 funds opened new Managed Duration Inv Grd Muni Fd positions in Q4 2017 and 2 closed out, a net change of +2 holders.
  • The largest Managed Duration Inv Grd Muni Fd buyer in Q4 2017 was Karpus Investment Management, an estimated $1.97M added.
  • The largest Managed Duration Inv Grd Muni Fd seller in Q4 2017 was Ashford Capital Management, an estimated $1.64M sold.

Based on aggregated 13F filings for Q4 2017.