Delaware Investments Minnesota Municipal Income Fund II
VMM
VMM was delisted on the 11th of February, 2022.
32 hedge funds and large institutions have $39.5M invested in Delaware Investments Minnesota Municipal Income Fund II in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 3 closing their positions.
12% more capital invested
Capital invested by funds: $35.4M → $39.5M (+$4.16M)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 33 → 32 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.82M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$297K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$263K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$238K |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$156K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.76M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$281K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$235K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$167K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$124K |
VMM Hedge Fund Activity: Q3 2020 in Review
32 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Delaware Investments Minnesota Municipal Income Fund II (VMM) for Q3 2020, worth a combined $39.5M — up 12% from $35.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of VMM and 2 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 11 added.
The largest buyer was Saba Capital Management, adding an estimated $4.82M. The largest seller was Ameriprise, cutting an estimated $1.76M.
- 32 institutional investors held Delaware Investments Minnesota Municipal Income Fund II (VMM) as of Q3 2020, down from 33 in Q2 2020.
- Funds reported $39.5M of Delaware Investments Minnesota Municipal Income Fund II stock for Q3 2020, up 12% quarter-over-quarter.
- 2 funds opened new Delaware Investments Minnesota Municipal Income Fund II positions in Q3 2020 and 3 closed out, a net change of -1 holder.
- The largest Delaware Investments Minnesota Municipal Income Fund II buyer in Q3 2020 was Saba Capital Management, an estimated $4.82M added.
- The largest Delaware Investments Minnesota Municipal Income Fund II seller in Q3 2020 was Ameriprise, an estimated $1.76M sold.
Based on aggregated 13F filings for Q3 2020.