Delaware Investments Minnesota Municipal Income Fund II
VMM
VMM was delisted on the 11th of February, 2022.
36 hedge funds and large institutions have $43.9M invested in Delaware Investments Minnesota Municipal Income Fund II in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 4 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
5% more capital invested
Capital invested by funds: $41.7M → $43.9M (+$2.13M)
3% less funds holding
Funds holding: 37 → 36 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$946K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$270K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$214K |
| 4 |
NRI
NFP Retirement Inc
Aliso Viejo,
California
|
+$195K |
| 5 |
FP
Financial Perspectives
Minneapolis,
Minnesota
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$268K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$219K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$179K |
| 4 |
Millennium Management
New York
|
-$164K |
| 5 |
Morgan Stanley
New York
|
-$139K |
VMM Hedge Fund Activity: Q1 2021 in Review
36 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Delaware Investments Minnesota Municipal Income Fund II (VMM) for Q1 2021, worth a combined $43.9M — up 5.1% from $41.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of VMM and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 14 added.
The largest buyer was Saba Capital Management, adding an estimated $946K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $268K sold.
- 36 institutional investors held Delaware Investments Minnesota Municipal Income Fund II (VMM) as of Q1 2021, down from 37 in Q4 2020.
- Funds reported $43.9M of Delaware Investments Minnesota Municipal Income Fund II stock for Q1 2021, up 5.1% quarter-over-quarter.
- 3 funds opened new Delaware Investments Minnesota Municipal Income Fund II positions in Q1 2021 and 4 closed out, a net change of -1 holder.
- The largest Delaware Investments Minnesota Municipal Income Fund II buyer in Q1 2021 was Saba Capital Management, an estimated $946K added.
- The largest Delaware Investments Minnesota Municipal Income Fund II seller in Q1 2021 was Curi RMB Capital, an estimated $268K sold.
Based on aggregated 13F filings for Q1 2021.