Aberdeen Municipal Income Fund
MFM
62 hedge funds and large institutions have $38.5M invested in Aberdeen Municipal Income Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 27 increasing their positions, 11 reducing their positions, and 10 closing their positions.
145% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 11
19% more capital invested
Capital invested by funds: $32.3M → $38.5M (+$6.19M)
0.76% more ownership
Funds ownership: 12.78% → 13.54% (+0.76%)
7% less funds holding
Funds holding: 67 → 62 (-5)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.07M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$967K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$764K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$425K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$420K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$529K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$461K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$418K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$333K |
| 5 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$241K |
MFM Hedge Fund Activity: Q1 2019 in Review
62 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q1 2019, worth a combined $38.5M — up 19% from $32.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MFM and 5 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 27 added.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $1.07M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $529K sold.
- 62 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q1 2019, down from 67 in Q4 2018.
- Funds reported $38.5M of Aberdeen Municipal Income Fund stock for Q1 2019, up 19% quarter-over-quarter.
- 5 funds opened new Aberdeen Municipal Income Fund positions in Q1 2019 and 10 closed out, a net change of -5 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q1 2019 was Parametric Portfolio Associates, an estimated $1.07M added.
- The largest Aberdeen Municipal Income Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $529K sold.
Based on aggregated 13F filings for Q1 2019.