Aberdeen Municipal Income Fund
MFM
69 hedge funds and large institutions have $43M invested in Aberdeen Municipal Income Fund in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 12 reducing their positions, and 8 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 12
12% more capital invested
Capital invested by funds: $38.3M → $43M (+$4.7M)
1.15% more ownership
Funds ownership: 14.48% → 15.63% (+1.1%)
3% less funds holding
Funds holding: 71 → 69 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.13M |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$606K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$529K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$352K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$286K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$923K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$585K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$571K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$358K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$331K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
76
Panagora Asset Management
Boston,
Massachusetts
| – | -$2K | -343 | Closed |
|
77
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -333 | Closed |
|
MFM Hedge Fund Activity: Q4 2020 in Review
69 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q4 2020, worth a combined $43M — up 12% from $38.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MFM and 7 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 28 added.
The largest buyer was Robinson Capital Management, adding an estimated $3.13M. The largest seller was Wells Fargo, cutting an estimated $923K.
- 69 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q4 2020, down from 71 in Q3 2020.
- Funds reported $43M of Aberdeen Municipal Income Fund stock for Q4 2020, up 12% quarter-over-quarter.
- 7 funds opened new Aberdeen Municipal Income Fund positions in Q4 2020 and 8 closed out, a net change of -1 holder.
- The largest Aberdeen Municipal Income Fund buyer in Q4 2020 was Robinson Capital Management, an estimated $3.13M added.
- The largest Aberdeen Municipal Income Fund seller in Q4 2020 was Wells Fargo, an estimated $923K sold.
Based on aggregated 13F filings for Q4 2020.