Vault-13

PIONEER MUNICIPAL HIGH INCOM XMHIX

COM SHS · Closed-End Fund · CUSIP 723763108

58 institutional holders -2 vs Q1 2025
14,229,10814.2m shares reported held*
$130.3mreported value*
10 new 17 added 18 reduced 12 sold out net sold ≈ $488.7k (-53.4k 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 ≈ $9.16.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 71Q4 22: 58Q1 23: 64Q2 23: 63Q3 23: 64Q4 23: 60Q1 24: 54Q2 24: 51Q3 24: 48Q4 24: 55Q1 25: 60Q2 25: 5858Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202271
Q4 202258
Q1 202364
Q2 202363
Q3 202364
Q4 202360
Q1 202454
Q2 202451
Q3 202448
Q4 202455
Q1 202560
Q2 202558

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 33 bought or addedQ3 23: 29 cut or sold outQ4 23: 23 bought or addedQ4 23: 35 cut or sold outQ4 23Q1 24: 18 bought or addedQ1 24: 31 cut or sold outQ2 24: 23 bought or addedQ2 24: 24 cut or sold outQ2 24Q3 24: 16 bought or addedQ3 24: 29 cut or sold outQ4 24: 21 bought or addedQ4 24: 18 cut or sold outQ4 24Q1 25: 29 bought or addedQ1 25: 18 cut or sold outQ2 25: 27 bought or addedQ2 25: 30 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233329
Q4 20232335
Q1 20241831
Q2 20242324
Q3 20241629
Q4 20242118
Q1 20252918
Q2 20252730

Biggest buyers

Almitas Capital LLC Added +749,437+749.4k
ROYAL BANK OF CANADA Added +152,970+153.0k
Hennion & Walsh Asset Management, Inc. Added +151,595+151.6k
Bulldog Investors, LLP New +147,970+148.0k
Karpus Management, Inc. New +131,181+131.2k
Saba Capital Management, L.P. Added +69,926+69.9k
NorthCoast Asset Management LLC New +54,935+54.9k
Logan Stone Capital, LLC New +50,561+50.6k
SIT INVESTMENT ASSOCIATES INC Added +39,188+39.2k
Wagner Wealth Management, LLC Added +26,315+26.3k

Biggest sellers

RIVERNORTH CAPITAL MANAGEMENT, LLC Reduced -893,529-893.5k
Pathstone Holdings, LLC Reduced -523,746-523.7k
MORGAN STANLEY Reduced -87,194-87.2k
AQR Arbitrage LLC Reduced -45,960-46.0k
Bank of New York Mellon Corp Reduced -34,509-34.5k
Advisor Resource Council Sold out -33,835-33.8k
Steward Partners Investment Advisory, LLC Sold out -21,260-21.3k
Cambridge Investment Research Advisors, Inc. Sold out -15,464-15.5k
Everstar Asset Management, LLC Sold out -14,900-14.9k
BESSEMER GROUP INC Sold out -12,300-12.3k

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
SIT INVESTMENT ASSOCIATES INC 13G · institution filed 2025-08-05 11.5% 2.6m 2025-08-05

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 1.05% of their portfolio NEW YORK, NY 4,201,8294.2m $38.5m $38.5m 1.05% Added +69.9k +69,926
2 SIT INVESTMENT ASSOCIATES INC 0.46% of their portfolio Minneapolis, MN 2,363,0952.4m $21.6m $21.6m 0.46% Added +39.2k +39,188
3 Almitas Capital LLC 2.36% of their portfolio SANTA MONICA, CA 1,020,2451.0m $9.3m $9.3m 2.36% Added +749.4k +749,437
4 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.51% of their portfolio WEST PALM BEACH, FL 1,003,6001.0m $9.2m $9.2m 0.51% Reduced -893.5k -893,529
5 MacKay Shields LLC 0.23% of their portfolio New York, NY 777,329777.3k $7.1m $7.1m 0.23% Reduced -4.0k -4,011
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 671,619671.6k $6.2m $6.2m 0.00% Reduced -3.8k -3,774
7 GUGGENHEIM CAPITAL LLC 0.04% of their portfolio CHICAGO, IL 507,956508.0k $4.7m $4.7m 0.04% Reduced -9.6k -9,564
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 476,368476.4k $4.4m $4.4m 0.00% Reduced -87.2k -87,194
9 Hennion & Walsh Asset Management, Inc. 0.17% of their portfolio Parsippany, NJ 468,923468.9k $4.3m $4.3m 0.17% Added +151.6k +151,595
10 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 371,333371.3k $3.4m $3.4m 0.01% Reduced -523.7k -523,746
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 325,042325.0k $3.0m $3.0m 0.00% Added +153.0k +152,970
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 167,616167.6k $1.5m $1.5m 0.00% Added +12.4k +12,396
13 Bulldog Investors, LLP 0.34% of their portfolio SADDLE BROOK, NJ 147,970148.0k $1.4m $1.4m 0.34% New
14 Karpus Management, Inc. 0.04% of their portfolio Pittsford, NY 131,181131.2k $1.2m $1.2m 0.04% New
15 Capital Investment Advisors, LLC 0.02% of their portfolio ATLANTA, GA 122,018122.0k $1.1m $1.1m 0.02% Reduced -5.9k -5,896
16 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 121,439121.4k $1.1m $1.1m 0.01% Reduced -8.4k -8,401
17 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 118,279118.3k $1.1m $1.1m 0.00% Unchanged
18 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 108,989109.0k $998.0k $998.0k 0.00% Reduced -758 -758
19 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 107,377107.4k $984.0k $984.0k 0.01% Reduced -1.6k -1,620
20 AQR Arbitrage LLC 0.02% of their portfolio Greenwich, CT 97,29697.3k $891.2k $891.2k 0.02% Reduced -46.0k -45,960
21 Wagner Wealth Management, LLC 0.13% of their portfolio GREENVILLE, SC 62,03262.0k $568.2k $568.2k 0.13% Added +26.3k +26,315
22 Tyche Wealth Partners LLC 0.11% of their portfolio PLANO, TX 57,31757.3k $525.0k $525.0k 0.11% Unchanged
23 NorthCoast Asset Management LLC 0.00% of their portfolio STAMFORD, CT 54,93554.9k $503.2k $503.2k 0.00% New
24 Logan Stone Capital, LLC 0.22% of their portfolio CHICAGO, IL 50,56150.6k $463.1k $463.1k 0.22% New
25 Garden State Investment Advisory Services LLC 0.11% of their portfolio Red Bank, NJ 46,20046.2k $423.2k $423.2k 0.11% Unchanged
26 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 44,87144.9k $411.0k $411.0k 0.00% Reduced -5.0k -5,031
27 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 39,83039.8k $364.8k $364.8k 0.00% Added +448 +448
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 38,85838.9k $355.9k $355.9k 0.00% Added +670 +670
29 UBS Group AG 0.00% of their portfolio ZURICH, V8 38,59038.6k $353.5k $353.5k 0.00% Added +13.6k +13,649
30 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 36,84636.8k $338.0k $338.0k 0.00% Added +78 +78
31 HOHIMER WEALTH MANAGEMENT, LLC 0.06% of their portfolio SEATTLE, WA 36,00036.0k $329.8k $329.8k 0.06% Unchanged
32 Gridiron Partners, LLC 0.20% of their portfolio Wexford, PA 35,26135.3k $323.0k $323.0k 0.20% Unchanged
33 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 34,04334.0k $311.8k $311.8k 0.00% Reduced -5.4k -5,407
34 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.05% of their portfolio BLUE BELL, PA 30,63130.6k $280.6k $280.6k 0.05% Reduced -1.6k -1,611
35 SEAMOUNT FINANCIAL GROUP INC 0.14% of their portfolio COLORADO SPRINGS, CO 30,11130.1k $275.8k $275.8k 0.14% Added +1.0k +1,000
36 Plan A Wealth LLC 0.15% of their portfolio LINCOLN, NE 28,56528.6k $261.7k $261.7k 0.15% Unchanged
37 Daner Wealth Management, LLC 0.16% of their portfolio ALPHARETTA, GA 26,20026.2k $234.0k $234.0k 0.16% First filing
38 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 25,15725.2k $230.4k $230.4k 0.00% New
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 25,09425.1k $229.9k $229.9k 0.00% Reduced -34.5k -34,509
40 INTEGRATED CAPITAL MANAGEMENT, INC. 0.15% of their portfolio JESSUP, PA 21,12421.1k $193.5k $193.5k 0.15% Reduced -1.4k -1,397
41 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 18,43318.4k $168.8k $168.8k 0.00% Reduced -864 -864
42 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 18,04618.0k $165.3k $165.3k 0.00% Added +2.5k +2,538
43 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 16,73416.7k $153.3k $153.3k 0.00% Reduced -400 -400
44 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 16,48316.5k $151.0k $151.0k 0.00% Added +1.3k +1,278
45 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 12,21312.2k $111.0k $111.0k 0.00% New
46 Ramiah Investment Group 0.12% of their portfolio BROOKFIELD, WI 12,20112.2k $111.8k $111.8k 0.12% Added +632 +632
47 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 11,64811.6k $106.7k $106.7k 0.00% New
48 DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. 0.07% of their portfolio Singapore, U0 11,03211.0k $101.1k $101.1k 0.07% New
49 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 10,99411.0k $100.7k $100.7k 0.00% Added +8.3k +8,315
50 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 10,00010.0k $92.0k $92.0k 0.00% New
51 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 9,0009.0k $82.4k $82.4k 0.00% New
52 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 5,0005.0k $45.8k $45.8k 0.00% Unchanged
53 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,8581.9k $17.0k $17.0k 0.00% Added +124 +124
54 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 1,0261.0k $9.4k $9.4k 0.00% Unchanged
55 Activest Wealth Management 0.00% of their portfolio AVENTURA, FL 1,0001.0k $9.2k $9.2k 0.00% Unchanged
56 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 945945 $8.7k $8.7k 0.00% Unchanged
57 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 765765 $7.0k $7.0k 0.00% Unchanged
58 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged