Vault-13

PIONEER MUNICIPAL HIGH INCOM XPMAX

COM · Closed-End Fund · CUSIP 723762100

59 institutional holders -2 vs Q1 2024
11,027,49611.0m shares reported held*
$90.6mreported value*
7 new 23 added 23 reduced 9 sold out net sold ≈ $6.2m (-759.5k 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 ≈ $8.21.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 57Q4 22: 58Q1 23: 65Q2 23: 66Q3 23: 68Q4 23: 67Q1 24: 61Q2 24: 5959Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202257
Q4 202258
Q1 202365
Q2 202366
Q3 202368
Q4 202367
Q1 202461
Q2 202459

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 27 bought or addedQ4 22: 28 cut or sold outQ4 22Q1 23: 37 bought or addedQ1 23: 26 cut or sold outQ2 23: 31 bought or addedQ2 23: 33 cut or sold outQ2 23Q3 23: 41 bought or addedQ3 23: 27 cut or sold outQ4 23: 41 bought or addedQ4 23: 31 cut or sold outQ4 23Q1 24: 29 bought or addedQ1 24: 33 cut or sold outQ2 24: 30 bought or addedQ2 24: 32 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222728
Q1 20233726
Q2 20233133
Q3 20234127
Q4 20234131
Q1 20242933
Q2 20243032

Biggest buyers

SIT INVESTMENT ASSOCIATES INC Added +748,386+748.4k
Atlas Wealth LLC New +218,529+218.5k
Saba Capital Management, L.P. Added +211,685+211.7k
RIVERNORTH CAPITAL MANAGEMENT, LLC Added +163,702+163.7k
ROYAL BANK OF CANADA Added +151,399+151.4k
WHITEBOX ADVISORS LLC Added +128,974+129.0k
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Added +70,000+70.0k
MacKay Shields LLC Added +63,944+63.9k
Bank of New York Mellon Corp Added +37,249+37.2k
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC Added +26,389+26.4k

Biggest sellers

MORGAN STANLEY Reduced -1,646,761-1.6m
ROBINSON CAPITAL MANAGEMENT, LLC Sold out -413,907-413.9k
OSAIC HOLDINGS, INC. Reduced -148,266-148.3k
GUGGENHEIM CAPITAL LLC Reduced -131,376-131.4k
Advisors Asset Management, Inc. Sold out -61,903-61.9k
AQR Arbitrage LLC Reduced -54,045-54.0k
Curi Capital, LLC Sold out -50,000-50.0k
RAYMOND JAMES & ASSOCIATES Reduced -45,793-45.8k
Logan Stone Capital, LLC Reduced -27,180-27.2k
GC Wealth Management RIA, LLC Sold out -16,845-16.8k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 0.51% of their portfolio NEW YORK, NY 2,842,8682.8m $23.3m $23.3m 0.51% Added +211.7k +211,685
2 SIT INVESTMENT ASSOCIATES INC 0.34% of their portfolio Minneapolis, MN 1,814,6681.8m $14.9m $14.9m 0.34% Added +748.4k +748,386
3 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.40% of their portfolio WEST PALM BEACH, FL 1,038,4691.0m $8.5m $8.5m 0.40% Added +163.7k +163,702
4 MacKay Shields LLC 0.20% of their portfolio New York, NY 816,300816.3k $6.7m $6.7m 0.20% Added +63.9k +63,944
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 632,540632.5k $5.2m $5.2m 0.00% Reduced -1.6m -1,646,761
6 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 354,508354.5k $2.9m $2.9m 0.01% Reduced -2.1k -2,074
7 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 289,901289.9k $2.4m $2.4m 0.02% Reduced -131.4k -131,376
8 WHITEBOX ADVISORS LLC 0.09% of their portfolio MINNEAPOLIS, MN 269,192269.2k $2.2m $2.2m 0.09% Added +129.0k +128,974
9 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.19% of their portfolio London, X0 263,683263.7k $2.2m $2.2m 0.19% Added +70.0k +70,000
10 AQR Arbitrage LLC 0.05% of their portfolio Greenwich, CT 237,560237.6k $2.0m $2.0m 0.05% Reduced -54.0k -54,045
11 Atlas Wealth LLC 0.21% of their portfolio CINCINNATI, OH 218,529218.5k $1.8m $1.8m 0.21% New
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 197,592197.6k $1.6m $1.6m 0.00% Added +151.4k +151,399
13 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 178,394178.4k $1.5m $1.5m 0.00% Reduced -11.1k -11,109
14 UBS Group AG 0.00% of their portfolio ZURICH, V8 165,933165.9k $1.4m $1.4m 0.00% Added +18.4k +18,381
15 RIVERBRIDGE PARTNERS LLC 0.02% of their portfolio MINNEAPOLIS, MN 143,021143.0k $1.2m $1.2m 0.02% Added +4.6k +4,607
16 Logan Stone Capital, LLC 0.29% of their portfolio CHICAGO, IL 136,999137.0k $1.1m $1.1m 0.29% Reduced -27.2k -27,180
17 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 131,175131.2k $1.1m $1.1m 0.00% Reduced -4.5k -4,461
18 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 124,208124.2k $1.0m $1.0m 0.00% Added +740 +740
19 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 118,958119.0k $977.0k $977.0k 0.01% Reduced -734 -734
20 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 92,68092.7k $760.9k $760.9k 0.00% Added +37.2k +37,249
21 Almitas Capital LLC 0.31% of their portfolio SANTA MONICA, CA 91,19291.2k $748.7k $748.7k 0.31% Added +9.7k +9,700
22 Gridiron Partners, LLC 0.41% of their portfolio Wexford, PA 79,02379.0k $648.8k $648.8k 0.41% Reduced -1.0k -1,019
23 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 69,09169.1k $567.2k $567.2k 0.00% Added +7.4k +7,410
24 MELFA WEALTH MANAGEMENT, INC. 0.32% of their portfolio WESTBOROUGH, MA 54,95655.0k $451.2k $451.2k 0.32% Added +47 +47
25 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.09% of their portfolio BLUE BELL, PA 53,93453.9k $442.8k $442.8k 0.09% Added +26.4k +26,389
26 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 47,69147.7k $391.5k $391.5k 0.00% Reduced -988 -988
27 KINGSWOOD WEALTH ADVISORS, LLC 0.03% of their portfolio SAN DIEGO, CA 46,72546.7k $383.6k $383.6k 0.03% Unchanged
28 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 45,43745.4k $373.0k $373.0k 0.00% Reduced -45.8k -45,793
29 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 40,70940.7k $334.2k $334.2k 0.00% Unchanged
30 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 37,31137.3k $316.4k $316.4k 0.01% Reduced -542 -542
31 TNF LLC 0.11% of their portfolio BILLINGS, MT 36,19536.2k $303.3k $303.3k 0.11% Added +21 +21
32 Capital Investment Advisors, LLC 0.01% of their portfolio ATLANTA, GA 33,14333.1k $272.1k $272.1k 0.01% Reduced -856 -856
33 Fort Point Capital Partners LLC 0.03% of their portfolio San Francisco, CA 25,71125.7k $211.1k $211.1k 0.03% Added +9.3k +9,297
34 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 24,15924.2k $198.0k $198.0k 0.00% Added +2.2k +2,175
35 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 23,93823.9k $197.0k $197.0k 0.00% Reduced -7.4k -7,427
36 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 23,59123.6k $193.7k $193.7k 0.00% Reduced -529 -529
37 Samalin Investment Counsel, LLC 0.09% of their portfolio CHAPPAQUA, NY 23,51623.5k $193.1k $193.1k 0.09% Added +228 +228
38 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 21,87021.9k $179.6k $179.6k 0.00% Added +1.6k +1,600
39 INTEGRATED CAPITAL MANAGEMENT, INC. 0.14% of their portfolio JESSUP, PA 21,31921.3k $175.0k $175.0k 0.14% Added +1.1k +1,079
40 Camelot Portfolios, LLC 0.08% of their portfolio Maumee, OH 17,00017.0k $139.6k $139.6k 0.08% Unchanged
41 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 15,95916.0k $131.0k $131.0k 0.00% Added +170 +170
42 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.01% of their portfolio BIRMINGHAM, AL 15,22015.2k $125.0k $125.0k 0.01% Unchanged
43 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 15,00015.0k $123.2k $123.2k 0.00% New
44 Mariner, LLC 0.00% of their portfolio Overland Park, KS 14,17314.2k $116.4k $116.4k 0.00% New
45 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.01% of their portfolio Englewood, NJ 12,00012.0k $98.5k $98.5k 0.01% Reduced -10.7k -10,719
46 INDEPENDENT FINANCIAL GROUP, LLC 0.00% of their portfolio SAN DIEGO, CA 11,40011.4k $93.6k $93.6k 0.00% Unchanged
47 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 11,17911.2k $91.8k $91.8k 0.00% Reduced -8.0k -8,039
48 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 11,11511.1k $76.0k $76.0k 0.00% Reduced -1.2k -1,246
49 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 9,7199.7k $79.8k $79.8k 0.00% Reduced -148.3k -148,266
50 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 6,5006.5k $53.4k $53.4k 0.01% New
51 Avior Wealth Management, LLC 0.00% of their portfolio OMAHA, NE 5,3055.3k $43.6k $43.6k 0.00% Reduced -46 -46
52 COMERICA BANK 0.00% of their portfolio DALLAS, TX 5,2185.2k $42.8k $42.8k 0.00% Reduced -460 -460
53 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,8174.8k $39.5k $39.5k 0.00% Reduced -3.3k -3,300
54 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 2,5112.5k $20.6k $20.6k 0.00% Added +29 +29
55 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 1,1251.1k $9.2k $9.2k 0.00% New
56 1620 INVESTMENT ADVISORS, INC. 0.01% of their portfolio PLYMOUTH, MA 820820 $6.7k $6.7k 0.01% New
57 MARYLAND CAPITAL ADVISORS INC. 0.00% of their portfolio CHESTER, MD 800800 $6.6k $6.6k 0.00% New
58 Trust Co 0.00% of their portfolio MANHATTAN, KS 632632 $5.2k $5.2k 0.00% Unchanged
59 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 314314 $3.0k $3.0k 0.00% Reduced -19 -19