Aberdeen Municipal Income Fund
MFM
69 hedge funds and large institutions have $38M invested in Aberdeen Municipal Income Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 7 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
13% more capital invested
Capital invested by funds: $33.6M → $38M (+$4.4M)
2.02% more ownership
Funds ownership: 12.78% → 14.8% (+2%)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
1% less funds holding
Funds holding: 70 → 69 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$4.69M |
| 2 |
PAS
Park Avenue Securities
New York
|
+$549K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$507K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$381K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$360K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$789K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$444K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$411K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$399K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$211K |
MFM Hedge Fund Activity: Q2 2020 in Review
69 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q2 2020, worth a combined $38M — up 13% from $33.6M a quarter earlier.
Fund positioning in MFM was balanced in Q2 2020: 7 funds opened new positions, 7 closed out, 19 added to existing stakes and 15 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $4.69M. The largest seller was Guggenheim Capital, cutting an estimated $789K.
- 69 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q2 2020, down from 70 in Q1 2020.
- Funds reported $38M of Aberdeen Municipal Income Fund stock for Q2 2020, up 13% quarter-over-quarter.
- 7 funds opened new Aberdeen Municipal Income Fund positions in Q2 2020 and 7 closed out, a net change of 0 holders.
- The largest Aberdeen Municipal Income Fund buyer in Q2 2020 was Robinson Capital Management, an estimated $4.69M added.
- The largest Aberdeen Municipal Income Fund seller in Q2 2020 was Guggenheim Capital, an estimated $789K sold.
Based on aggregated 13F filings for Q2 2020.