Aberdeen Municipal Income Fund
MFM
38 hedge funds and large institutions have $20.8M invested in Aberdeen Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 13 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
13% more capital invested
Capital invested by funds: $18.4M → $20.8M (+$2.41M)
0.78% more ownership
Funds ownership: 6.71% → 7.49% (+0.78%)
17% less funds holding
Funds holding: 46 → 38 (-8)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$1.24M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.17M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$914K |
| 4 |
LSA
Liberty Street Advisors
New York
|
+$512K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$495K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.22M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$626K |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$562K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$252K |
| 5 |
SG Americas Securities
New York
|
-$209K |
MFM Hedge Fund Activity: Q1 2015 in Review
38 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q1 2015, worth a combined $20.8M — up 13% from $18.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of MFM and 6 opened new positions — a net loss of 7 holders — while 6 trimmed existing stakes and 12 added.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $1.24M. The largest seller was Commonwealth Equity Services, exiting entirely with an estimated $1.22M sold.
- 38 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q1 2015, down from 46 in Q4 2014.
- Funds reported $20.8M of Aberdeen Municipal Income Fund stock for Q1 2015, up 13% quarter-over-quarter.
- 6 funds opened new Aberdeen Municipal Income Fund positions in Q1 2015 and 13 closed out, a net change of -7 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q1 2015 was Mackay Shields LLC, an estimated $1.24M added.
- The largest Aberdeen Municipal Income Fund seller in Q1 2015 was Commonwealth Equity Services, an estimated $1.22M sold.
Based on aggregated 13F filings for Q1 2015.