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MFM

Aberdeen Municipal Income Fund

48 hedge funds and large institutions have $33.7M invested in Aberdeen Municipal Income Fund in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 6 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 6

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

12% more funds holding

Funds holding: 4348 (+5)

7% more capital invested

Capital invested by funds: $31.6M → $33.7M (+$2.08M)

0.57% more ownership

Funds ownership: 10.8%11.37% (+0.57%)

Holders
48
Holders Change
+5
Holders Change %
+11.63%
% of All Funds
1.2%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
18
Reduced
6
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$7.35M -$78.3K -10,818 -1%
Wells Fargo
2
Wells Fargo
California
$7.31M +$288K +39,744 +4%
Invesco
3
Invesco
Georgia
$3.94M +$1.06M +146,799 +37%
MSL
4
Mackay Shields LLC
New York
$2.5M
Morgan Stanley
5
Morgan Stanley
New York
$1.21M -$41.2K -5,698 -3%
Ameriprise
6
Ameriprise
Minnesota
$1.08M +$43.9K +6,063 +4%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$851K +$357K +49,413 +72%
SMC
8
Smith, Moore & Co
Missouri
$843K +$54K +7,464 +7%
RCM
9
Robinson Capital Management
Michigan
$795K +$329K +45,474 +70%
VanEck Associates
10
VanEck Associates
New York
$757K +$42.6K +5,886 +6%
UBS Group
11
UBS Group
Switzerland
$755K +$31.8K +4,400 +4%
TCM
12
Traynor Capital Management
Pennsylvania
$709K +$132K +18,230 +23%
CCB
13
Cutter & Co Brokerage
Missouri
$600K -$11.6K -1,598 -2%
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$429K +$90.7K +12,537 +27%
Bank of America
15
Bank of America
North Carolina
$425K -$33.6K -4,645 -7%
MML Investors Services
16
MML Investors Services
Massachusetts
$393K +$5.84K +808 +2%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$348K +$54.6K +7,550 +19%
CRC
18
Curi RMB Capital
Illinois
$295K +$296K +40,961 New
RFC
19
Regions Financial Corp
Alabama
$282K
PAG
20
Private Advisor Group
New Jersey
$273K -$13.9K -1,925 -5%
CIA
21
Capital Investment Advisors
Georgia
$272K
VF
22
Virtu Financial
New York
$272K +$273K +37,792 New
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$184K +$3K +415 +2%
Fifth Third Bancorp
24
Fifth Third Bancorp
Ohio
$164K +$161K +22,216 +3,967%
WAP
25
Wealthcare Advisory Partners
Pennsylvania
$153K +$154K +21,300 New

MFM Hedge Fund Activity: Q3 2017 in Review

48 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q3 2017, worth a combined $33.7M — up 6.6% from $31.6M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new MFM positions and 4 closed out — a net gain of 5 holders — while 18 added to existing stakes and 6 trimmed.

The largest buyer was Invesco, adding an estimated $1.06M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.25M sold.

  • 48 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q3 2017, up from 43 in Q2 2017.
  • Funds reported $33.7M of Aberdeen Municipal Income Fund stock for Q3 2017, up 6.6% quarter-over-quarter.
  • 9 funds opened new Aberdeen Municipal Income Fund positions in Q3 2017 and 4 closed out, a net change of +5 holders.
  • The largest Aberdeen Municipal Income Fund buyer in Q3 2017 was Invesco, an estimated $1.06M added.
  • The largest Aberdeen Municipal Income Fund seller in Q3 2017 was Laurion Capital Management, an estimated $1.25M sold.

Based on aggregated 13F filings for Q3 2017.