Aberdeen Municipal Income Fund
MFM
67 hedge funds and large institutions have $32.3M invested in Aberdeen Municipal Income Fund in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 13 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
6% more funds holding
Funds holding: 63 → 67 (+4)
1% more capital invested
Capital invested by funds: $31.9M → $32.3M (+$448K)
0.86% more ownership
Funds ownership: 11.92% → 12.78% (+0.86%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.09M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$610K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$540K |
| 4 |
Cohen & Steers
New York
|
+$429K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$266K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.33M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.24M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$282K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$159K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$148K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
76
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$15K | -2,362 | Closed |
|
|
MPWT
77
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$6.49K | -1,000 | Closed |
|
|
M
78
MOTCO
San Antonio,
Texas
| – | -$6K | -900 | Closed |
|
|
SWP
79
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$6K | -900 | Closed |
|
80
Fidelity Investments
Boston,
Massachusetts
| – | +$6 | +1 | New |
|
MFM Hedge Fund Activity: Q4 2018 in Review
67 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q4 2018, worth a combined $32.3M — up 1.4% from $31.9M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MFM positions and 13 closed out — a net gain of 4 holders — while 18 added to existing stakes and 13 trimmed.
The largest buyer was 1607 Capital Partners, opening a new position worth an estimated $2.09M. The largest seller was Wells Fargo, cutting an estimated $1.33M.
- 67 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q4 2018, up from 63 in Q3 2018.
- Funds reported $32.3M of Aberdeen Municipal Income Fund stock for Q4 2018, up 1.4% quarter-over-quarter.
- 17 funds opened new Aberdeen Municipal Income Fund positions in Q4 2018 and 13 closed out, a net change of +4 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q4 2018 was 1607 Capital Partners, an estimated $2.09M added.
- The largest Aberdeen Municipal Income Fund seller in Q4 2018 was Wells Fargo, an estimated $1.33M sold.
Based on aggregated 13F filings for Q4 2018.