Aberdeen Municipal Income Fund
MFM
37 hedge funds and large institutions have $29.1M invested in Aberdeen Municipal Income Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 5 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
0% more capital invested
Capital invested by funds: $29M → $29.1M (+$139K)
0.17% more ownership
Funds ownership: 9.29% → 9.46% (+0.17%)
3% less funds holding
Funds holding: 38 → 37 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.19M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$706K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$703K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$228K |
| 5 |
VanEck Associates
New York
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.58M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$590K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$506K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$213K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$147K |
MFM Hedge Fund Activity: Q3 2016 in Review
37 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q3 2016, worth a combined $29.1M — up 0.48% from $29M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MFM and 4 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 14 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.19M. The largest seller was Advisors Asset Management, cutting an estimated $1.58M.
- 37 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q3 2016, down from 38 in Q2 2016.
- Funds reported $29.1M of Aberdeen Municipal Income Fund stock for Q3 2016, up 0.48% quarter-over-quarter.
- 4 funds opened new Aberdeen Municipal Income Fund positions in Q3 2016 and 5 closed out, a net change of -1 holder.
- The largest Aberdeen Municipal Income Fund buyer in Q3 2016 was Guggenheim Capital, an estimated $1.19M added.
- The largest Aberdeen Municipal Income Fund seller in Q3 2016 was Advisors Asset Management, an estimated $1.58M sold.
Based on aggregated 13F filings for Q3 2016.