Aberdeen Municipal Income Fund
MFM
38 hedge funds and large institutions have $23.4M invested in Aberdeen Municipal Income Fund in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 9 closing their positions.
5% more capital invested
Capital invested by funds: $22.2M → $23.4M (+$1.14M)
0% less ownership
Funds ownership: 7.94% → 7.94% (-0%)
10% less funds holding
Funds holding: 42 → 38 (-4)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.12M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.28M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$908K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$175K |
| 5 |
VanEck Associates
New York
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.39M |
| 2 |
Morgan Stanley
New York
|
-$997K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$440K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$431K |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$321K |
MFM Hedge Fund Activity: Q1 2016 in Review
38 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q1 2016, worth a combined $23.4M — up 5.1% from $22.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MFM and 5 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was Wells Fargo, adding an estimated $2.12M. The largest seller was Raymond James & Associates, cutting an estimated $1.39M.
- 38 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q1 2016, down from 42 in Q4 2015.
- Funds reported $23.4M of Aberdeen Municipal Income Fund stock for Q1 2016, up 5.1% quarter-over-quarter.
- 5 funds opened new Aberdeen Municipal Income Fund positions in Q1 2016 and 9 closed out, a net change of -4 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q1 2016 was Wells Fargo, an estimated $2.12M added.
- The largest Aberdeen Municipal Income Fund seller in Q1 2016 was Raymond James & Associates, an estimated $1.39M sold.
Based on aggregated 13F filings for Q1 2016.