Aberdeen Municipal Income Fund
MFM
49 hedge funds and large institutions have $31.4M invested in Aberdeen Municipal Income Fund in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 7 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
9% more capital invested
Capital invested by funds: $28.8M → $31.4M (+$2.54M)
0.41% more ownership
Funds ownership: 10.55% → 10.96% (+0.41%)
0% more funds holding
Funds holding: 49 → 49 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$904K |
| 2 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$738K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$719K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$713K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.37M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$449K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$338K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$251K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$124K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
51
Landscape Capital Management
Englewood,
New Jersey
| – | -$251K | -37,824 | Closed |
|
52
Squarepoint
New York
| – | -$95K | -14,300 | Closed |
|
53
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$66K | -10,023 | Closed |
|
|
NFG
54
Next Financial Group
Houston,
Texas
| – | -$30K | -4,475 | Closed |
|
|
TWA
55
TCI Wealth Advisors
Tucson,
Arizona
| – | -$3K | -500 | Closed |
|
|
TFA
56
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$2K | -224 | Closed |
|
MFM Hedge Fund Activity: Q1 2017 in Review
49 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q1 2017, worth a combined $31.4M — up 8.8% from $28.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MFM positions and 7 closed out — a net gain of 1 holder — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Invesco, adding an estimated $904K. The largest seller was Advisors Asset Management, exiting entirely with an estimated $1.37M sold.
- 49 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $31.4M of Aberdeen Municipal Income Fund stock for Q1 2017, up 8.8% quarter-over-quarter.
- 8 funds opened new Aberdeen Municipal Income Fund positions in Q1 2017 and 7 closed out, a net change of +1 holder.
- The largest Aberdeen Municipal Income Fund buyer in Q1 2017 was Invesco, an estimated $904K added.
- The largest Aberdeen Municipal Income Fund seller in Q1 2017 was Advisors Asset Management, an estimated $1.37M sold.
Based on aggregated 13F filings for Q1 2017.