Aberdeen Municipal Income Fund
MFM
38 hedge funds and large institutions have $29M invested in Aberdeen Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 10 closing their positions.
24% more capital invested
Capital invested by funds: $23.4M → $29M (+$5.6M)
1.35% more ownership
Funds ownership: 7.94% → 9.29% (+1.3%)
0% more funds holding
Funds holding: 38 → 38 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.48M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$2.67M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$491K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$213K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$993K |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$930K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$268K |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$243K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$191K |
MFM Hedge Fund Activity: Q2 2016 in Review
38 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q2 2016, worth a combined $29M — up 24% from $23.4M a quarter earlier.
Fund positioning in MFM was balanced in Q2 2016: 10 funds opened new positions, 10 closed out, 6 added to existing stakes and 11 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $3.48M. The largest seller was Morgan Stanley, cutting an estimated $993K.
- 38 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $29M of Aberdeen Municipal Income Fund stock for Q2 2016, up 24% quarter-over-quarter.
- 10 funds opened new Aberdeen Municipal Income Fund positions in Q2 2016 and 10 closed out, a net change of 0 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q2 2016 was Guggenheim Capital, an estimated $3.48M added.
- The largest Aberdeen Municipal Income Fund seller in Q2 2016 was Morgan Stanley, an estimated $993K sold.
Based on aggregated 13F filings for Q2 2016.