Aberdeen Municipal Income Fund
MFM
48 hedge funds and large institutions have $33.7M invested in Aberdeen Municipal Income Fund in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 6 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 6
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
12% more funds holding
Funds holding: 43 → 48 (+5)
7% more capital invested
Capital invested by funds: $31.6M → $33.7M (+$2.08M)
0.57% more ownership
Funds ownership: 10.8% → 11.37% (+0.57%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.06M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$357K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$329K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$296K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$288K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.25M |
| 2 |
AIA
Allegis Investment Advisors
Idaho Falls,
Idaho
|
-$356K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$173K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$78.3K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$73K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIA
51
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$356K | -50,000 | Closed |
|
|
NPC
52
National Planning Corporation
El Segundo,
California
| – | -$173K | -24,039 | Closed |
|
|
53
Creative Planning
Overland Park,
Kansas
| – | -$73K | -10,335 | Closed |
|
MFM Hedge Fund Activity: Q3 2017 in Review
48 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q3 2017, worth a combined $33.7M — up 6.6% from $31.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MFM positions and 4 closed out — a net gain of 5 holders — while 18 added to existing stakes and 6 trimmed.
The largest buyer was Invesco, adding an estimated $1.06M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.25M sold.
- 48 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q3 2017, up from 43 in Q2 2017.
- Funds reported $33.7M of Aberdeen Municipal Income Fund stock for Q3 2017, up 6.6% quarter-over-quarter.
- 9 funds opened new Aberdeen Municipal Income Fund positions in Q3 2017 and 4 closed out, a net change of +5 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q3 2017 was Invesco, an estimated $1.06M added.
- The largest Aberdeen Municipal Income Fund seller in Q3 2017 was Laurion Capital Management, an estimated $1.25M sold.
Based on aggregated 13F filings for Q3 2017.