Aberdeen Municipal Income Fund
MFM
49 hedge funds and large institutions have $28.8M invested in Aberdeen Municipal Income Fund in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 3 closing their positions.
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
32% more funds holding
Funds holding: 37 → 49 (+12)
1.09% more ownership
Funds ownership: 9.46% → 10.55% (+1.1%)
1% less capital invested
Capital invested by funds: $29.1M → $28.8M (-$283K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$950K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$903K |
| 3 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
+$573K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$427K |
| 5 |
AIA
Allegis Investment Advisors
Idaho Falls,
Idaho
|
+$343K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$944K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$382K |
| 3 |
VanEck Associates
New York
|
-$317K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$230K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$193K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MF
51
Magnetar Financial
Evanston,
Illinois
| – | -$77K | -10,330 | Closed |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$7K | -1,000 | Closed |
|
MFM Hedge Fund Activity: Q4 2016 in Review
49 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q4 2016, worth a combined $28.8M — down 0.97% from $29.1M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MFM positions and 3 closed out — a net gain of 13 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $950K. The largest seller was Wells Fargo, cutting an estimated $944K.
- 49 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q4 2016, up from 37 in Q3 2016.
- Funds reported $28.8M of Aberdeen Municipal Income Fund stock for Q4 2016, down 0.97% quarter-over-quarter.
- 16 funds opened new Aberdeen Municipal Income Fund positions in Q4 2016 and 3 closed out, a net change of +13 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q4 2016 was Invesco, an estimated $950K added.
- The largest Aberdeen Municipal Income Fund seller in Q4 2016 was Wells Fargo, an estimated $944K sold.
Based on aggregated 13F filings for Q4 2016.