Aberdeen Municipal Income Fund
MFM
69 hedge funds and large institutions have $58.7M invested in Aberdeen Municipal Income Fund in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 13 closing their positions.
9% more capital invested
Capital invested by funds: $53.7M → $58.7M (+$5.01M)
1.61% more ownership
Funds ownership: 25.23% → 26.84% (+1.6%)
10% less funds holding
Funds holding: 77 → 69 (-8)
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.77M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.6M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$1.35M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$632K |
| 5 |
Morgan Stanley
New York
|
+$467K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$730K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$388K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$315K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$288K |
| 5 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$281K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Nomura Holdings
Tokyo,
Japan
| – | -$72K | -14,000 | Closed |
|
|
PAG
77
Private Advisor Group
Morristown,
New Jersey
| – | -$67 | -12,939 | Closed |
|
|
QC
78
Quantedge Capital
Singapore
| – | -$62.6K | -12,090 | Closed |
|
|
NGA
79
Naples Global Advisors
Naples,
Florida
| – | -$59.6K | -11,500 | Closed |
|
|
WAM
80
Worth Asset Management
Dallas,
Texas
| – | -$39K | -7,520 | Closed |
|
|
MCC
81
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$19.5K | -3,760 | Closed |
|
|
CA
82
Clearstead Advisors
Cleveland,
Ohio
| – | -$2.6K | -501 | Closed |
|
MFM Hedge Fund Activity: Q1 2023 in Review
69 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q1 2023, worth a combined $58.7M — up 9.3% from $53.7M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of MFM and 5 opened new positions — a net loss of 8 holders — while 25 trimmed existing stakes and 20 added.
The largest buyer was UBS Group, adding an estimated $1.77M. The largest seller was Guggenheim Capital, cutting an estimated $730K.
- 69 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q1 2023, down from 77 in Q4 2022.
- Funds reported $58.7M of Aberdeen Municipal Income Fund stock for Q1 2023, up 9.3% quarter-over-quarter.
- 5 funds opened new Aberdeen Municipal Income Fund positions in Q1 2023 and 13 closed out, a net change of -8 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q1 2023 was UBS Group, an estimated $1.77M added.
- The largest Aberdeen Municipal Income Fund seller in Q1 2023 was Guggenheim Capital, an estimated $730K sold.
Based on aggregated 13F filings for Q1 2023.