Aberdeen Municipal Income Fund
MFM
72 hedge funds and large institutions have $48.5M invested in Aberdeen Municipal Income Fund in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 12 reducing their positions, and 4 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 12
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
13% more capital invested
Capital invested by funds: $43M → $48.5M (+$5.58M)
4% more funds holding
Funds holding: 69 → 72 (+3)
1.63% more ownership
Funds ownership: 15.63% → 17.26% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$966K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$752K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$605K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$449K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$303K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$564K |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$402K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$363K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$142K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$80K |
MFM Hedge Fund Activity: Q1 2021 in Review
72 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q1 2021, worth a combined $48.5M — up 13% from $43M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MFM positions and 4 closed out — a net gain of 3 holders — while 26 added to existing stakes and 12 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $966K. The largest seller was Wells Fargo, cutting an estimated $564K.
- 72 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q1 2021, up from 69 in Q4 2020.
- Funds reported $48.5M of Aberdeen Municipal Income Fund stock for Q1 2021, up 13% quarter-over-quarter.
- 7 funds opened new Aberdeen Municipal Income Fund positions in Q1 2021 and 4 closed out, a net change of +3 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q1 2021 was Parametric Portfolio Associates, an estimated $966K added.
- The largest Aberdeen Municipal Income Fund seller in Q1 2021 was Wells Fargo, an estimated $564K sold.
Based on aggregated 13F filings for Q1 2021.