Vault-13

FEDERATED HERMES PREM MUNI I FMN

COM · Closed-End Fund · CUSIP 31423P108

40 institutional holders -2 vs Q4 2024
2,230,3202.2m shares reported held*
$24.2mreported value*
4 new 12 added 11 reduced 6 sold out net bought ≈ $2.1m (+193.7k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.87.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 48Q4 22: 46Q1 23: 45Q2 23: 48Q3 23: 47Q4 23: 49Q1 24: 47Q2 24: 45Q3 24: 43Q4 24: 42Q1 25: 4040Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202248
Q4 202246
Q1 202345
Q2 202348
Q3 202347
Q4 202349
Q1 202447
Q2 202445
Q3 202443
Q4 202442
Q1 202540

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q2 23: 16 bought or addedQ2 23: 23 cut or sold outQ3 23: 21 bought or addedQ3 23: 21 cut or sold outQ3 23Q4 23: 20 bought or addedQ4 23: 25 cut or sold outQ1 24: 19 bought or addedQ1 24: 18 cut or sold outQ1 24Q2 24: 19 bought or addedQ2 24: 23 cut or sold outQ3 24: 15 bought or addedQ3 24: 26 cut or sold outQ3 24Q4 24: 14 bought or addedQ4 24: 30 cut or sold outQ1 25: 16 bought or addedQ1 25: 17 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20231623
Q3 20232121
Q4 20232025
Q1 20241918
Q2 20241923
Q3 20241526
Q4 20241430
Q1 20251617

Biggest buyers

Pathstone Holdings, LLC Added +127,609+127.6k
RIVERBRIDGE PARTNERS LLC Added +45,626+45.6k
GUGGENHEIM CAPITAL LLC Added +39,090+39.1k
Logan Stone Capital, LLC Added +37,205+37.2k
WOLVERINE ASSET MANAGEMENT LLC Added +30,893+30.9k
MELFA WEALTH MANAGEMENT, INC. New +24,466+24.5k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. New +17,498+17.5k
Noble Wealth Management PBC Added +11,400+11.4k
RAYMOND JAMES FINANCIAL INC Added +10,000+10.0k
Ackerman Capital Advisors, LLC Added +7,311+7.3k

Biggest sellers

Invesco Ltd. Sold out -35,957-36.0k
ROBINSON CAPITAL MANAGEMENT, LLC Reduced -34,660-34.7k
BANK OF AMERICA CORP /DE/ Reduced -28,768-28.8k
Alpine Global Management, LLC Sold out -20,100-20.1k
HighTower Advisors, LLC Sold out -18,405-18.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -11,219-11.2k
WELLS FARGO & COMPANY/MN Reduced -4,285-4.3k
SIGNATUREFD, LLC Reduced -4,091-4.1k
Avior Wealth Management, LLC Sold out -3,632-3.6k
UBS Group AG Reduced -2,773-2.8k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BANK OF AMERICA CORP /DE/ 13D · may seek influence no change · filed 2026-04-06 100.0% no change 1.1k 2026-04-06

Fell to 5% or below in the last year: FIRST TRUST PORTFOLIOS LP (3.2%, 2026-01-30)

Insider purchases and sales in Q1 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q2 23: 0 buyingQ2 23: 0 sellingQ3 23: 0 buyingQ3 23: 0 sellingQ3 23Q4 23: 0 buyingQ4 23: 1 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20230—0——
Q3 20230—0——
Q4 20230—1$62.7k—
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——

None reported in Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 0.11% of their portfolio NEW YORK, NY 374,908374.9k $4.1m $4.1m 0.11% Unchanged
2 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 270,231270.2k $3.0m $3.0m 0.01% Added +127.6k +127,609
3 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 207,051207.1k $2.2m $2.2m 0.02% Added +39.1k +39,090
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 150,887150.9k $1.6m $1.6m 0.00% Reduced -28.8k -28,768
5 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 119,296119.3k $1.3m $1.3m 0.00% Reduced -4.3k -4,285
6 GILL CAPITAL PARTNERS, LLC 0.34% of their portfolio DENVER, CO 89,52289.5k $972.2k $972.2k 0.34% Unchanged
7 RIVERBRIDGE PARTNERS LLC 0.02% of their portfolio MINNEAPOLIS, MN 86,58886.6k $940.3k $940.3k 0.02% Added +45.6k +45,626
8 Logan Stone Capital, LLC 0.43% of their portfolio CHICAGO, IL 84,49584.5k $917.6k $917.6k 0.43% Added +37.2k +37,205
9 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 81,27381.3k $882.6k $882.6k 0.00% Added +10.0k +10,000
10 1607 Capital Partners, LLC 0.07% of their portfolio Richmond, VA 76,06076.1k $826.0k $826.0k 0.07% Unchanged
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 74,15174.2k $805.3k $805.3k 0.00% Reduced -2.8k -2,773
12 ROBINSON CAPITAL MANAGEMENT, LLC 0.24% of their portfolio GROSSE POINTE FARMS, MI 53,23453.2k $578.1k $578.1k 0.24% Reduced -34.7k -34,660
13 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 52,60752.6k $571.3k $571.3k 0.01% Added +30.9k +30,893
14 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 52,38052.4k $568.8k $568.8k 0.00% Added +2.1k +2,061
15 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.06% of their portfolio London, X0 50,52550.5k $548.7k $548.7k 0.06% Unchanged
16 WHITEBOX ADVISORS LLC 0.02% of their portfolio MINNEAPOLIS, MN 46,42646.4k $504.2k $504.2k 0.02% Unchanged
17 Ackerman Capital Advisors, LLC 0.12% of their portfolio DALLAS, TX 41,31041.3k $448.6k $448.6k 0.12% Added +7.3k +7,311
18 Noble Wealth Management PBC 0.28% of their portfolio GREENWOOD VILLAGE, CO 37,70037.7k $409.4k $409.4k 0.28% Added +11.4k +11,400
19 ProVise Management Group, LLC 0.03% of their portfolio CLEARWATER, FL 36,37936.4k $395.1k $395.1k 0.03% Added +900 +900
20 HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 34,36034.4k $373.1k $373.1k 0.00% Reduced -720 -720
21 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 28,96329.0k $314.5k $314.5k 0.01% Unchanged
22 SARD WEALTH MANAGEMENT GROUP, LLC 0.18% of their portfolio ATLANTA, GA 25,27625.3k $274.5k $274.5k 0.18% Unchanged
23 MELFA WEALTH MANAGEMENT, INC. 0.18% of their portfolio WESTBOROUGH, MA 24,46624.5k $265.7k $265.7k 0.18% New
24 North Ground Capital 0.24% of their portfolio Cohasset, MA 22,10022.1k $233.8k $233.8k 0.24% Reduced -1.5k -1,464
25 Capital Market Strategies LLC 0.15% of their portfolio PALM BEACH GARDENS, FL 20,53620.5k $223.0k $223.0k 0.15% Added +1.5k +1,525
26 XML Financial, LLC 0.02% of their portfolio BETHESDA, MD 20,52020.5k $222.8k $222.8k 0.02% Reduced -560 -560
27 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.02% of their portfolio Englewood, NJ 17,49817.5k $190.0k $190.0k 0.02% New
28 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 14,31614.3k $155.5k $155.5k 0.00% Unchanged
29 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 13,14813.1k $142.8k $142.8k 0.00% Reduced -215 -215
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 9,1519.2k $99.0k $99.0k 0.00% Unchanged
31 SIT INVESTMENT ASSOCIATES INC 0.00% of their portfolio Minneapolis, MN 3,6843.7k $40.0k $40.0k 0.00% Reduced -1.5k -1,453
32 AMERICAN NATIONAL BANK & TRUST 0.00% of their portfolio WICHITA FALLS, TX 3,5353.5k $38.4k $38.4k 0.00% New
33 Financial Gravity Asset Management, Inc. 0.01% of their portfolio Lakeway, TX 3,2603.3k $35.4k $35.4k 0.01% First filing
34 Smallwood Wealth Investment Management, LLC 0.01% of their portfolio RED BANK, NJ 1,9471.9k $21.1k $21.1k 0.01% New
35 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio BLUE BELL, PA 1,7861.8k $19.4k $19.4k 0.00% Added +1.8k +1,776
36 Mascoma Wealth Management LLC 0.00% of their portfolio HANOVER, NH 333333 $3.6k $3.6k 0.00% Unchanged
37 FNY Investment Advisers, LLC 0.00% of their portfolio NEW YORK, NY 300300 $3.0k $3.0k 0.00% Unchanged
38 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 117117 $1.3k $1.3k 0.00% Reduced -461 -461
39 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 11 $7 $7 0.00% Reduced -4.1k -4,091
40 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged