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MFM

Aberdeen Municipal Income Fund

42 hedge funds and large institutions have $22.2M invested in Aberdeen Municipal Income Fund in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 9

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

2% more funds holding

Funds holding: 4142 (+1)

3% more capital invested

Capital invested by funds: $21.7M → $22.2M (+$548K)

0.3% less ownership

Funds ownership: 8.24%7.94% (-0.3%)

Holders
42
Holders Change
+1
Holders Change %
+2.44%
% of All Funds
1.1%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
12
Reduced
9
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$4.65M -$449K -68,182 -9%
AAM
2
Advisors Asset Management
Colorado
$3.34M -$124K -18,802 -4%
GC
3
Guggenheim Capital
Illinois
$2.56M +$1.06M +160,399 +75%
Morgan Stanley
4
Morgan Stanley
New York
$2.19M -$283K -42,950 -12%
RJA
5
Raymond James & Associates
Florida
$1.73M -$26 -4 -0%
RCM
6
Robinson Capital Management
Michigan
$1.48M +$1.43M +217,120 New
TCM
7
Traynor Capital Management
Pennsylvania
$605K -$14K -2,124 -2%
UBS Group
8
UBS Group
Switzerland
$593K +$30.5K +4,634 +6%
VanEck Associates
9
VanEck Associates
New York
$488K +$37.9K +5,749 +9%
MSL
10
Mackay Shields LLC
New York
$461K -$769K -116,743 -63%
AA
11
AQR Arbitrage
Connecticut
$440K -$186K -28,230 -30%
PPA
12
Parametric Portfolio Associates
Washington
$431K +$4.58K +696 +1%
MFS
13
MSI Financial Services
Massachusetts
$427K -$527 -80 -0.1%
Bank of America
14
Bank of America
North Carolina
$425K +$40.8K +6,200 +11%
JMPWA
15
JP Morgan Private Wealth Advisors
California
$356K +$345K +52,350 New
LPL Financial
16
LPL Financial
California
$271K +$73.3K +11,134 +39%
CIA
17
Capital Investment Advisors
Georgia
$246K +$24.3K +3,685 +11%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$203K +$197K +29,900 New
TJHA
19
Thomas J. Herzfeld Advisors
Florida
$180K +$19.8K +3,000 +13%
NPC
20
National Planning Corporation
California
$174K -$16.5K -2,500 -9%
PAS
21
Partnervest Advisory Services
California
$142K
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$84K +$3.27K +497 +4%
YP
23
Yellowstone Partners
Idaho
$83K +$80.4K +12,203 New
ANB
24
Amarillo National Bank
Texas
$78K
BFA
25
Beaumont Financial Advisors
Massachusetts
$73K +$70.8K +10,747 New

MFM Hedge Fund Activity: Q4 2015 in Review

42 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q4 2015, worth a combined $22.2M — up 2.5% from $21.7M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new MFM positions and 9 closed out — a net gain of 1 holder — while 12 added to existing stakes and 9 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $1.06M. The largest seller was Liberty Street Advisors, exiting entirely with an estimated $1.5M sold.

  • 42 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q4 2015, up from 41 in Q3 2015.
  • Funds reported $22.2M of Aberdeen Municipal Income Fund stock for Q4 2015, up 2.5% quarter-over-quarter.
  • 10 funds opened new Aberdeen Municipal Income Fund positions in Q4 2015 and 9 closed out, a net change of +1 holder.
  • The largest Aberdeen Municipal Income Fund buyer in Q4 2015 was Guggenheim Capital, an estimated $1.06M added.
  • The largest Aberdeen Municipal Income Fund seller in Q4 2015 was Liberty Street Advisors, an estimated $1.5M sold.

Based on aggregated 13F filings for Q4 2015.