Aberdeen Municipal Income Fund
MFM
80 hedge funds and large institutions have $74.6M invested in Aberdeen Municipal Income Fund in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 32 increasing their positions, 21 reducing their positions, and 4 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 21
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
6% more capital invested
Capital invested by funds: $70.1M → $74.6M (+$4.55M)
1.49% more ownership
Funds ownership: 31.71% → 33.2% (+1.5%)
0% more funds holding
Funds holding: 80 → 80 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.31M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$998K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$673K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$629K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$601K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$820K |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$656K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$306K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$251K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$124K |
MFM Hedge Fund Activity: Q2 2024 in Review
80 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q2 2024, worth a combined $74.6M — up 6.5% from $70.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MFM positions and 4 closed out — a net gain of 1 holder — while 32 added to existing stakes and 21 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $1.31M. The largest seller was Truist Financial, exiting entirely with an estimated $820K sold.
- 80 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $74.6M of Aberdeen Municipal Income Fund stock for Q2 2024, up 6.5% quarter-over-quarter.
- 5 funds opened new Aberdeen Municipal Income Fund positions in Q2 2024 and 4 closed out, a net change of +1 holder.
- The largest Aberdeen Municipal Income Fund buyer in Q2 2024 was Saba Capital Management, an estimated $1.31M added.
- The largest Aberdeen Municipal Income Fund seller in Q2 2024 was Truist Financial, an estimated $820K sold.
Based on aggregated 13F filings for Q2 2024.