Aberdeen Municipal Income Fund
MFM
82 hedge funds and large institutions have $70.1M invested in Aberdeen Municipal Income Fund in 2023 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 14 closing their positions.
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
27% more capital invested
Capital invested by funds: $55.4M → $70.1M (+$14.7M)
11% more funds holding
Funds holding: 74 → 82 (+8)
3.36% more ownership
Funds ownership: 29.55% → 32.92% (+3.4%)
16% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.01M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.57M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.43M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.32M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.24M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
-$1.24M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.02M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$664K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$575K |
MFM Hedge Fund Activity: Q4 2023 in Review
82 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q4 2023, worth a combined $70.1M — up 27% from $55.4M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MFM positions and 14 closed out — a net gain of 9 holders — while 21 added to existing stakes and 25 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, opening a new position worth an estimated $2.01M. The largest seller was Morgan Stanley, cutting an estimated $4.24M.
- 82 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q4 2023, up from 74 in Q3 2023.
- Funds reported $70.1M of Aberdeen Municipal Income Fund stock for Q4 2023, up 27% quarter-over-quarter.
- 23 funds opened new Aberdeen Municipal Income Fund positions in Q4 2023 and 14 closed out, a net change of +9 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q4 2023 was Thomas J. Herzfeld Advisors, an estimated $2.01M added.
- The largest Aberdeen Municipal Income Fund seller in Q4 2023 was Morgan Stanley, an estimated $4.24M sold.
Based on aggregated 13F filings for Q4 2023.