Aberdeen Municipal Income Fund
MFM
36 hedge funds and large institutions have $12.4M invested in Aberdeen Municipal Income Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 5 closing their positions.
8% more capital invested
Capital invested by funds: $11.5M → $12.4M (+$908K)
0.27% more ownership
Funds ownership: 4.3% → 4.57% (+0.27%)
3% less funds holding
Funds holding: 37 → 36 (-1)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$528K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$434K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$290K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$137K |
| 5 |
VanEck Associates
New York
|
+$53.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$269K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$137K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$102K |
| 4 |
WA
WESPAC Advisors
Orinda,
California
|
-$79K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$52K |
MFM Hedge Fund Activity: Q2 2014 in Review
36 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q2 2014, worth a combined $12.4M — up 7.9% from $11.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MFM and 4 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 9 added.
The largest buyer was TFS Capital, opening a new position worth an estimated $528K. The largest seller was LPL Financial, cutting an estimated $269K.
- 36 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q2 2014, down from 37 in Q1 2014.
- Funds reported $12.4M of Aberdeen Municipal Income Fund stock for Q2 2014, up 7.9% quarter-over-quarter.
- 4 funds opened new Aberdeen Municipal Income Fund positions in Q2 2014 and 5 closed out, a net change of -1 holder.
- The largest Aberdeen Municipal Income Fund buyer in Q2 2014 was TFS Capital, an estimated $528K added.
- The largest Aberdeen Municipal Income Fund seller in Q2 2014 was LPL Financial, an estimated $269K sold.
Based on aggregated 13F filings for Q2 2014.