Delaware Investments Minnesota Municipal Income Fund II
VMM
VMM was delisted on the 11th of February, 2022.
32 hedge funds and large institutions have $29.8M invested in Delaware Investments Minnesota Municipal Income Fund II in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
17% more capital invested
Capital invested by funds: $25.5M → $29.8M (+$4.31M)
10% more funds holding
Funds holding: 29 → 32 (+3)
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.49M |
| 2 |
Morgan Stanley
New York
|
+$1.09M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$582K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$399K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$275K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.22M |
| 2 |
LPL Financial
San Diego,
California
|
-$465K |
| 3 |
AFS
Access Financial Services
Minneapolis,
Minnesota
|
-$429K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$370K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$171K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BTNA
26
Bremer Trust National Association
St. Cloud,
Minnesota
| $100K | +$99.4K | +8,440 | New |
|
|
AF
27
Advisornet Financial
Minnetonka,
Minnesota
| $57K | -$11.8K | -1,000 | -17% |
|
|
TJHA
28
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $51K | – | – | – |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| $11K | +$10.7K | +912 | New |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $8K | – | – | – |
|
31
US Bancorp
Minneapolis,
Minnesota
| $4K | -$8.83K | -750 | -68% |
|
|
GWM
32
Geneos Wealth Management
Englewood,
Colorado
| $4K | – | – | – |
|
|
AFS
33
Access Financial Services
Minneapolis,
Minnesota
| – | -$429K | -36,063 | Closed |
|
|
34
Geode Capital Management
Boston,
Massachusetts
| – | -$370K | -31,141 | Closed |
|
35
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$142K | -11,971 | Closed |
|
|
APP
36
Avantax Planning Partners
Dubuque,
Iowa
| – | -$11K | -900 | Closed |
|
|
GI
37
GS Investments
Minneapolis,
Minnesota
| – | -$7.74K | -650 | Closed |
|
VMM Hedge Fund Activity: Q4 2018 in Review
32 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Delaware Investments Minnesota Municipal Income Fund II (VMM) for Q4 2018, worth a combined $29.8M — up 17% from $25.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new VMM positions and 5 closed out — a net gain of 3 holders — while 6 added to existing stakes and 13 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $4.49M. The largest seller was Ameriprise, cutting an estimated $1.22M.
- 32 institutional investors held Delaware Investments Minnesota Municipal Income Fund II (VMM) as of Q4 2018, up from 29 in Q3 2018.
- Funds reported $29.8M of Delaware Investments Minnesota Municipal Income Fund II stock for Q4 2018, up 17% quarter-over-quarter.
- 8 funds opened new Delaware Investments Minnesota Municipal Income Fund II positions in Q4 2018 and 5 closed out, a net change of +3 holders.
- The largest Delaware Investments Minnesota Municipal Income Fund II buyer in Q4 2018 was Saba Capital Management, an estimated $4.49M added.
- The largest Delaware Investments Minnesota Municipal Income Fund II seller in Q4 2018 was Ameriprise, an estimated $1.22M sold.
Based on aggregated 13F filings for Q4 2018.