Aberdeen Municipal Income Fund
MFM
67 hedge funds and large institutions have $38.1M invested in Aberdeen Municipal Income Fund in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
8% more funds holding
Funds holding: 62 → 67 (+5)
3% more capital invested
Capital invested by funds: $36.9M → $38.1M (+$1.22M)
0.31% more ownership
Funds ownership: 12.84% → 13.15% (+0.31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$1.21M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$389K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$335K |
| 4 |
PAS
Park Avenue Securities
New York
|
+$334K |
| 5 |
EDRIA
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$800K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$606K |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$380K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$345K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$120K |
MFM Hedge Fund Activity: Q3 2019 in Review
67 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q3 2019, worth a combined $38.1M — up 3.3% from $36.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MFM positions and 5 closed out — a net gain of 5 holders — while 23 added to existing stakes and 12 trimmed.
The largest buyer was Mackay Shields LLC, adding an estimated $1.21M. The largest seller was Guggenheim Capital, cutting an estimated $800K.
- 67 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q3 2019, up from 62 in Q2 2019.
- Funds reported $38.1M of Aberdeen Municipal Income Fund stock for Q3 2019, up 3.3% quarter-over-quarter.
- 10 funds opened new Aberdeen Municipal Income Fund positions in Q3 2019 and 5 closed out, a net change of +5 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q3 2019 was Mackay Shields LLC, an estimated $1.21M added.
- The largest Aberdeen Municipal Income Fund seller in Q3 2019 was Guggenheim Capital, an estimated $800K sold.
Based on aggregated 13F filings for Q3 2019.