Federated Hermes Premier Municipal Income Fund
Federated Hermes Premier Municipal Income Fund (FMN) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · FMN · as of Dec 31, 2021
Ownership Breakdown
37
Institutional Holders
▲ 2 vs Q3
$24.31M
Total Inst. Value
▼ $1.99M vs Q3
7.82M
Shares Outstanding
freeFloat 95.18%
1.62M
13F Shares Held
▼ 99,271 vs Q3
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
FMN largest shareholders · institutional ownership
Q4 2021 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
GUGGENHEIM CAPITAL LLC | 278.5K | 2.45% | 2.45% | $4.19B | Feb 14, 2022 | ▼ 6.0K |
PROVISE MANAGEMENT GROUP, LLC | 155.0K | 1.36% | 1.36% | $2.33B | Jan 18, 2022 | ▲ 1.7K |
WAKEFIELD ASSET MANAGEMENT LLLP | 137.4K | 1.21% | 1.21% | $2.06B | Feb 1, 2022 | ▲ 11.2K |
XML FINANCIAL, LLC | 114.2K | 1.00% | 1.00% | $1.72B | Feb 1, 2022 | — held |
GILL CAPITAL PARTNERS, LLC | 112.9K | 99.35% | 99.35% | $1.70B | Mar 10, 2022 | ▼ 11.0K |
US BANCORP \DE\ | 90.5K | 79.64% | 79.64% | $1.36B | Feb 11, 2022 | — held |
LPL FINANCIAL LLC | 73.3K | 64.49% | 64.49% | $1.10B | Feb 14, 2022 | ▲ 22.4K |
RAYMOND JAMES & ASSOCIATES | 68.5K | 60.25% | 60.25% | $1.03B | Feb 8, 2022 | ▼ 1.0K |
INVESCO LTD. | 66.3K | 58.32% | 58.32% | $996.00M | Feb 14, 2022 | ▲ 38.3K |
WELLS FARGO & COMPANY/MN | 57.8K | 50.83% | 50.83% | $868.00M | Feb 14, 2022 | ▲ 6.7K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q4 2021 vs prior quarter
Q4 2021
10
Increased
+92.9K shares6
New Positions
first time holders9
Decreased
−96.1K shares4
Sold Out
fully exitedNet shares change (top 50)
3.2K
+92.9K / −96.1K
Net new holders
+3
6 new / 4 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
FMN insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
1
Buy transactions
2
Sell transactions
0.50
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
BANK OF AMERICA CORP /DE/ 10 percent owner | Apr 2, 2026 | J-Other | 200 | — | — | 1.1K | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Apr 9, 2025 | Purchase | 13 | $10.85 | $141.05 | 13 | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Apr 9, 2025 | Sale | 12 | $10.94 | $131.28 | 1 | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Apr 9, 2025 | Sale | 1 | $10.29 | $10.295 | 0 | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Mar 7, 2017 | Purchase | 1,500 | $13.90 | $20.9K | 1.5K | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Oct 7, 2019 | Purchase | 893 | $14.09 | $12.6K | 893 | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Oct 8, 2019 | Sale | 100 | $14.12 | $1.4K | 793 | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Oct 8, 2019 | Sale | 100 | $14.13 | $1.4K | 693 | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Jul 8, 2019 | Purchase | 665 | $13.72 | $9.1K | 665 | Form 4 ↗ |
BANK OF AMERICA CORP /DE/ 10 percent owner | Oct 8, 2019 | Sale | 100 | $14.11 | $1.4K | 593 | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Federated Hermes Premier Municipal Income Fund (FMN) is primarily owned by institutional investors, who hold approximately 20.7% of total shares outstanding. Company insiders own approximately 4.82%, while retail and public investors account for the remaining 74.49%.
The largest institutional shareholder of Federated Hermes Premier Municipal Income Fund is GUGGENHEIM CAPITAL LLC, holding approximately 278,490 shares — equal to 2.45% of outstanding shares — as of December 31, 2021.
A total of 37 institutional investors currently hold FMN stock, with a combined institutional value of approximately $24,312,668 as of the most recent 13F filing period.
Frequently asked questions
FMN ownershipFederated Hermes Premier Municipal Income Fund (FMN) is primarily owned by institutional investors, who hold approximately 20.7% of shares. The largest shareholder is GUGGENHEIM CAPITAL LLC with a 2.45% stake. Company insiders hold 4.82%. Data sourced from SEC Form 13F as of December 31, 2021.