Aberdeen Municipal Income Fund
MFM
38 hedge funds and large institutions have $11.3M invested in Aberdeen Municipal Income Fund in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 12 closing their positions.
12% more capital invested
Capital invested by funds: $10.1M → $11.3M (+$1.19M)
0.53% more ownership
Funds ownership: 3.86% → 4.39% (+0.53%)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
17% less funds holding
Funds holding: 46 → 38 (-8)
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.16M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.09M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$222K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$201K |
| 5 |
SG Americas Securities
New York
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$501K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$289K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$208K |
| 4 |
Bank of New York Mellon
New York
|
-$173K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$171K |
MFM Hedge Fund Activity: Q4 2013 in Review
38 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q4 2013, worth a combined $11.3M — up 12% from $10.1M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MFM and 4 opened new positions — a net loss of 8 holders — while 12 trimmed existing stakes and 12 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.16M. The largest seller was LPL Financial, cutting an estimated $501K.
- 38 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q4 2013, down from 46 in Q3 2013.
- Funds reported $11.3M of Aberdeen Municipal Income Fund stock for Q4 2013, up 12% quarter-over-quarter.
- 4 funds opened new Aberdeen Municipal Income Fund positions in Q4 2013 and 12 closed out, a net change of -8 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q4 2013 was Advisors Asset Management, an estimated $1.16M added.
- The largest Aberdeen Municipal Income Fund seller in Q4 2013 was LPL Financial, an estimated $501K sold.
Based on aggregated 13F filings for Q4 2013.