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MFM

Aberdeen Municipal Income Fund

37 hedge funds and large institutions have $11.5M invested in Aberdeen Municipal Income Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more capital invested

Capital invested by funds: $11.3M → $11.5M (+$231K)

0% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 9

0.09% less ownership

Funds ownership: 4.39%4.3% (-0.09%)

3% less funds holding

Funds holding: 3837 (-1)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

Holders
37
Holders Change
-1
Holders Change %
-2.63%
% of All Funds
1.07%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
9
Reduced
9
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$2.89M +$250K +39,232 +10%
AAM
2
Advisors Asset Management
Colorado
$2.25M +$421K +66,158 +24%
Morgan Stanley
3
Morgan Stanley
New York
$875K +$697K +109,474 +435%
GC
4
Guggenheim Capital
Illinois
$718K -$273K -42,931 -28%
Goldman Sachs
5
Goldman Sachs
New York
$627K -$2.31K -362 -0.4%
LPL Financial
6
LPL Financial
California
$616K -$753K -118,168 -55%
U
7
UBS
Switzerland
$601K +$151K +23,775 +35%
NES
8
New England Securities
New York
$442K -$4.46K -700 -1%
PPA
9
Parametric Portfolio Associates
Washington
$379K +$150K +23,520 +68%
Allianz Asset Management
10
Allianz Asset Management
Germany
$350K
VanEck Associates
11
VanEck Associates
New York
$198K +$56.3K +8,842 +41%
NPC
12
National Planning Corporation
California
$187K -$9.55K -1,500 -5%
CIA
13
Capital Investment Advisors
Georgia
$159K +$12.7K +2,000 +9%
HK
14
Horizon Kinetics
New York
$142K
AQR Capital Management
15
AQR Capital Management
Connecticut
$122K
Janney Montgomery Scott
16
Janney Montgomery Scott
Pennsylvania
$102K +$100K +15,735 New
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$96K +$2.13K +335 +2%
WA
18
WESPAC Advisors
California
$79K
ANB
19
Amarillo National Bank
Texas
$75K
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$75K
RT
21
Reliance Trust
Georgia
$70K -$1.25K -196 -2%
RFC
22
Regions Financial Corp
Alabama
$68K
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$68K +$25.5K +4,009 +62%
PAI
24
Pittenger & Anderson Inc
Nebraska
$65K
SBH
25
Segall Bryant & Hamill
Illinois
$65K

MFM Hedge Fund Activity: Q1 2014 in Review

37 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q1 2014, worth a combined $11.5M — up 2% from $11.3M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of MFM and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 9 added.

The largest buyer was Morgan Stanley, adding an estimated $697K. The largest seller was LPL Financial, cutting an estimated $753K.

  • 37 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q1 2014, down from 38 in Q4 2013.
  • Funds reported $11.5M of Aberdeen Municipal Income Fund stock for Q1 2014, up 2% quarter-over-quarter.
  • 4 funds opened new Aberdeen Municipal Income Fund positions in Q1 2014 and 5 closed out, a net change of -1 holder.
  • The largest Aberdeen Municipal Income Fund buyer in Q1 2014 was Morgan Stanley, an estimated $697K added.
  • The largest Aberdeen Municipal Income Fund seller in Q1 2014 was LPL Financial, an estimated $753K sold.

Based on aggregated 13F filings for Q1 2014.