Aberdeen Municipal Income Fund
MFM
74 hedge funds and large institutions have $55.4M invested in Aberdeen Municipal Income Fund in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
30% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 20
7% more funds holding
Funds holding: 69 → 74 (+5)
2.1% more ownership
Funds ownership: 27.45% → 29.55% (+2.1%)
4% less capital invested
Capital invested by funds: $57.7M → $55.4M (-$2.28M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
API
Advisor Partners II
Walnut Creek,
California
|
+$1.78M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.16M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$952K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$451K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$427K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.26M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
-$386K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$302K |
| 4 |
VanEck Associates
New York
|
-$168K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$124K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TW
76
Transform Wealth
Greenwood Village,
Colorado
| – | -$72.7K | -14,246 | Closed |
|
77
JP Morgan Chase
New York
| – | -$70.8K | -13,879 | Closed |
|
|
BTI
78
Blue Trust Inc
Alpharetta,
Georgia
| – | -$7K | -1,310 | Closed |
|
79
Bessemer Group
Woodbridge,
New Jersey
| – | -$3K | -568 | Closed |
|
MFM Hedge Fund Activity: Q3 2023 in Review
74 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q3 2023, worth a combined $55.4M — down 3.9% from $57.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MFM positions and 6 closed out — a net gain of 6 holders — while 26 added to existing stakes and 20 trimmed.
The largest buyer was Advisor Partners II, opening a new position worth an estimated $1.78M. The largest seller was Morgan Stanley, cutting an estimated $1.26M.
- 74 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q3 2023, up from 69 in Q2 2023.
- Funds reported $55.4M of Aberdeen Municipal Income Fund stock for Q3 2023, down 3.9% quarter-over-quarter.
- 12 funds opened new Aberdeen Municipal Income Fund positions in Q3 2023 and 6 closed out, a net change of +6 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q3 2023 was Advisor Partners II, an estimated $1.78M added.
- The largest Aberdeen Municipal Income Fund seller in Q3 2023 was Morgan Stanley, an estimated $1.26M sold.
Based on aggregated 13F filings for Q3 2023.