MFS MUN INCOME TR (MFM): Hedge Fund Ownership & Smart Money Signals (Q4 2025)

MFS MUN INCOME TR (MFM)

91 + Investors. Track Smart Money conviction in MFM. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — MFM

Based on 91 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added MFM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

91 hedge funds hold MFM right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q

+8 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟢

More buyers than sellers — 65% buying

51 buying28 selling

Last quarter: 51 funds were net buyers (16 opened a brand new position + 35 added to an existing one). Only 28 were sellers (21 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~16 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 10 → 11 → 12 → 16. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 18% medium ■ 25% new

52 out of 91 hedge funds have held MFM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💎

Buying through price weakness — shares +7%, value -96%

Value

-96%

+7%

Last quarter: funds added +7% more shares while total portfolio value only changed -96%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

📈

Growing discovery — still being found

14 → 10 → 11 → 12 → 16 new funds/Q

New funds entering each quarter: 10 → 11 → 12 → 16. A growing number of institutions are discovering MFM each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Deep conviction — 59% of holders stayed 2+ years

■ 59% veterans ■ 13% 1-2yr ■ 27% new

Of 91 current holders: 54 (59%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

✅

Strong quality — 26% AUM from major funds

26% from top-100 AUM funds

13 of 91 holders rank in the top 100 by AUM, accounting for 26% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

3.7

out of 10

Low Exit Risk

Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2025 Q4)	Prior (2025 Q3)	Change
Funds Holding	91	82	10.98%
13F Shares	19M	17M	7.45%
Total Value	$101M	$2.49B	-95.96%
New Positions	16	12	+4
Increased Positions	35	35	-
Closed Positions	7	14	-7
Reduced Positions	21	18	+3
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2025 Q4)

Prior (2025 Q3)

Change

Funds Holding

10.98%

13F Shares

19M

17M

7.45%

Total Value

$101M

$2.49B

-95.96%

New Positions

Increased Positions

Closed Positions

-7

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

91 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MFM. Verified SEC 13F-HR filings.

FILTER:All New Added To Reduced No Change | Overweight >5% | SHOW: Active managers + show index funds

Top 18 institutional holders of MFM — 2025 Q4 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	MELFA WEALTH MANAGEMENT, INC.	0.47%	151,674	$818K
2	BALANCED WEALTH GROUP LLC	0.38%	195,055	$1.1M
3	Catalina Capital Group, LLC	0.23%	70,125	$378K
4	MACKAY SHIELDS LLC	0.07%	333,155	$1.8M
5	RIVERBRIDGE PARTNERS LLC	0.02%	181,261	$977K
6	Activest Wealth Management	0.01%	14,816	$80K
7	SILVERLAKE WEALTH MANAGEMENT LLC	0.01%	10,347	$56K
8	AMARILLO NATIONAL BANK	0.01%	11,502	$62K
9	Capital Investment Advisors, LLC	0.01%	106,751	$575K
10	Private Advisor Group, LLC	0.00%	151,588	$817K
11	Wealthcare Advisory Partners LLC	0.00%	27,230	$147K
12	Cambridge Investment Research Advisors, Inc.	0.00%	106,335	—
13	World Investment Advisors	0.00%	14,462	$78K
14	IFP Advisors, Inc	0.00%	8,010	$43K
15	Bank of New Hampshire	0.00%	500	$3K
16	Anchor Investment Management, LLC	0.00%	650	$4K
17	HM PAYSON & CO	0.00%	2,763	$15K
18	EASTERN BANK	0.00%	500	$3K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — MFS MUN INCOME TR (MFM)

What does the Smart Money Trend signal show for MFM?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added MFM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for MFM?

More buyers than sellers — 65% buying: Last quarter: 51 funds were net buyers (16 opened a brand new position + 35 added to an existing one). Only 28 were sellers (21 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for MFM holders?

Strong quality — 26% AUM from major funds: 13 of 91 holders rank in the top 100 by AUM, accounting for 26% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held MFM?

57% of holders stayed for 2+ years: 52 out of 91 hedge funds have held MFM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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MFS MUN INCOME TR (MFM)

Smart Money Signals — MFM

Buying streak — 1 quarter in a row

At the ownership peak (100% of max)

Steady growth — +10% more funds vs a year ago

More buyers than sellers — 65% buying

Steady new buyers — ~16 new funds per quarter

57% of holders stayed for 2+ years

Buying through price weakness — shares +7%, value -96%

Growing discovery — still being found

Deep conviction — 59% of holders stayed 2+ years

Strong quality — 26% AUM from major funds

Hedge Fund Ownership: MFM

Market Analysis: MFM

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: MFM

Hedge Fund Positioning: MFM

Statistics: MFM

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — MFS MUN INCOME TR (MFM)

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