Aberdeen Municipal Income Fund
MFM
52 hedge funds and large institutions have $31.1M invested in Aberdeen Municipal Income Fund in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 10 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
1.13% less ownership
Funds ownership: 12.71% → 11.58% (-1.1%)
9% less funds holding
Funds holding: 57 → 52 (-5)
13% less capital invested
Capital invested by funds: $36M → $31.1M (-$4.84M)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$328K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$243K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$224K |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$223K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$178K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.02M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$729K |
| 3 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
-$700K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$659K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$262K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCAG
51
Rehmann Capital Advisory Group
Lansing,
Michigan
| $5K | +$5.35K | +800 | New |
|
52
Fifth Third Bancorp
Cincinnati,
Ohio
| $4K | -$48.3K | -7,216 | -93% |
|
|
BWA
53
BDO Wealth Advisors
Jacksonville,
Florida
| $4K | – | – | – |
|
54
Citigroup
New York
| $2K | – | – | – |
|
|
CCB
55
Cutter & Co Brokerage
Ballwin,
Missouri
| – | -$700K | -101,895 | Closed |
|
|
CRC
56
Curi RMB Capital
Chicago,
Illinois
| – | -$130K | -18,877 | Closed |
|
57
Squarepoint
New York
| – | -$118K | -17,188 | Closed |
|
|
IH
58
IFC Holdings
Tampa,
Florida
| – | -$91K | -13,334 | Closed |
|
|
SCA
59
Snowden Capital Advisors
New York
| – | -$83.8K | -12,193 | Closed |
|
|
LNC
60
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$81K | -11,832 | Closed |
|
61
Creative Planning
Overland Park,
Kansas
| – | -$76K | -11,127 | Closed |
|
|
CCM
62
Cribstone Capital Management
Augusta,
Maine
| – | -$46K | -6,750 | Closed |
|
|
CA
63
Calton & Associates
Tampa,
Florida
| – | -$19K | -2,780 | Closed |
|
MFM Hedge Fund Activity: Q1 2018 in Review
52 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q1 2018, worth a combined $31.1M — down 13% from $36M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MFM and 6 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 15 added.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $328K. The largest seller was Invesco, cutting an estimated $1.02M.
- 52 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q1 2018, down from 57 in Q4 2017.
- Funds reported $31.1M of Aberdeen Municipal Income Fund stock for Q1 2018, down 13% quarter-over-quarter.
- 6 funds opened new Aberdeen Municipal Income Fund positions in Q1 2018 and 10 closed out, a net change of -4 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q1 2018 was Janney Montgomery Scott, an estimated $328K added.
- The largest Aberdeen Municipal Income Fund seller in Q1 2018 was Invesco, an estimated $1.02M sold.
Based on aggregated 13F filings for Q1 2018.