Aberdeen Municipal Income Fund
MFM
72 hedge funds and large institutions have $44M invested in Aberdeen Municipal Income Fund in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 13 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
0.06% less ownership
Funds ownership: 22.11% → 22.05% (-0.06%)
6% less funds holding
Funds holding: 77 → 72 (-5)
11% less capital invested
Capital invested by funds: $49.6M → $44M (-$5.56M)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$825K |
| 2 |
Morgan Stanley
New York
|
+$560K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$531K |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$512K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.67M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$429K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$402K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$360K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$163K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFG
76
Merit Financial Group
Alpharetta,
Georgia
| – | -$98K | -18,000 | Closed |
|
|
BCM
77
Brookstone Capital Management
Wheaton,
Illinois
| – | -$81K | -14,290 | Closed |
|
|
SWM
78
SeaCrest Wealth Management
Purchase,
New York
| – | -$68K | -12,500 | Closed |
|
79
Nomura Holdings
Tokyo,
Japan
| – | -$63K | -11,597 | Closed |
|
|
JF
80
Jump Financial
Chicago,
Illinois
| – | -$57K | -10,500 | Closed |
|
81
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$55K | -10,048 | Closed |
|
82
US Bancorp
Minneapolis,
Minnesota
| – | -$41K | -7,500 | Closed |
|
|
AC
83
Almitas Capital
Santa Monica,
California
| – | -$35K | -6,383 | Closed |
|
|
GLLW
84
Graves Light Lenhart Wealth
Harrisonburg,
Virginia
| – | -$33K | -6,106 | Closed |
|
|
WAM
85
Wolverine Asset Management
Chicago,
Illinois
| – | -$20K | -3,827 | Closed |
|
MFM Hedge Fund Activity: Q3 2022 in Review
72 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q3 2022, worth a combined $44M — down 11% from $49.6M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of MFM and 8 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 23 added.
The largest buyer was Guggenheim Capital, adding an estimated $825K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.67M.
- 72 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q3 2022, down from 77 in Q2 2022.
- Funds reported $44M of Aberdeen Municipal Income Fund stock for Q3 2022, down 11% quarter-over-quarter.
- 8 funds opened new Aberdeen Municipal Income Fund positions in Q3 2022 and 13 closed out, a net change of -5 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q3 2022 was Guggenheim Capital, an estimated $825K added.
- The largest Aberdeen Municipal Income Fund seller in Q3 2022 was Rivernorth Capital Management, an estimated $1.67M sold.
Based on aggregated 13F filings for Q3 2022.