Aberdeen Municipal Income Fund
MFM
70 hedge funds and large institutions have $33.6M invested in Aberdeen Municipal Income Fund in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
6% more funds holding
Funds holding: 66 → 70 (+4)
0.65% less ownership
Funds ownership: 13.43% → 12.78% (-0.65%)
14% less capital invested
Capital invested by funds: $39.1M → $33.6M (-$5.47M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$659K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$484K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$444K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$409K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$1.96M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.25M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$616K |
| 4 |
PAS
Park Avenue Securities
New York
|
-$408K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$347K |
MFM Hedge Fund Activity: Q1 2020 in Review
70 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q1 2020, worth a combined $33.6M — down 14% from $39.1M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MFM positions and 6 closed out — a net gain of 6 holders — while 21 added to existing stakes and 16 trimmed.
The largest buyer was Bank of America, adding an estimated $659K. The largest seller was Mackay Shields LLC, cutting an estimated $1.96M.
- 70 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q1 2020, up from 66 in Q4 2019.
- Funds reported $33.6M of Aberdeen Municipal Income Fund stock for Q1 2020, down 14% quarter-over-quarter.
- 12 funds opened new Aberdeen Municipal Income Fund positions in Q1 2020 and 6 closed out, a net change of +6 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q1 2020 was Bank of America, an estimated $659K added.
- The largest Aberdeen Municipal Income Fund seller in Q1 2020 was Mackay Shields LLC, an estimated $1.96M sold.
Based on aggregated 13F filings for Q1 2020.