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MFM

Aberdeen Municipal Income Fund

71 hedge funds and large institutions have $38.3M invested in Aberdeen Municipal Income Fund in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 4

38% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 16

3% more funds holding

Funds holding: 6971 (+2)

1% more capital invested

Capital invested by funds: $38M → $38.3M (+$230K)

0.32% less ownership

Funds ownership: 14.8%14.48% (-0.32%)

Holders
71
Holders Change
+2
Holders Change %
+2.9%
% of All Funds
1.43%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
22
Reduced
16
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$4.22M -$1.67M -256,336 -28%
RCM
2
Robinson Capital Management
Michigan
$3.3M -$2.53M -387,729 -43%
MSL
3
Mackay Shields LLC
New York
$2.14M
Stifel Financial
4
Stifel Financial
Missouri
$2.12M +$1.78M +272,859 +478%
AAM
5
Advisors Asset Management
Colorado
$2M +$605K +92,943 +43%
GC
6
Guggenheim Capital
Illinois
$1.96M -$100K -15,377 -5%
1CP
7
1607 Capital Partners
Virginia
$1.84M
Janney Montgomery Scott
8
Janney Montgomery Scott
Pennsylvania
$1.75M +$42.3K +6,488 +2%
VanEck Associates
9
VanEck Associates
New York
$1.26M -$43K -6,607 -3%
UBS Group
10
UBS Group
Switzerland
$1.2M -$60K -9,216 -5%
EDRIA
11
Edmonds Duncan Registered Investment Advisors
Kansas
$1.18M -$53.4K -8,204 -4%
Morgan Stanley
12
Morgan Stanley
New York
$1.12M +$47.8K +7,336 +4%
Northwestern Mutual Wealth Management
13
Northwestern Mutual Wealth Management
Wisconsin
$902K +$73.1K +11,221 +9%
TCM
14
Traynor Capital Management
Pennsylvania
$861K +$52.9K +8,124 +6%
PPA
15
Parametric Portfolio Associates
Washington
$841K +$307K +47,135 +56%
CIA
16
Capital Investment Advisors
Georgia
$755K -$6.51K -1,000 -0.8%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$661K +$74.8K +11,489 +13%
PAS
18
Park Avenue Securities
New York
$656K +$74.7K +11,474 +13%
AA
19
AQR Arbitrage
Connecticut
$653K -$81.7K -12,546 -11%
Osaic Holdings
20
Osaic Holdings
Arizona
$650K +$296K +45,373 +81%
Ameriprise
21
Ameriprise
Minnesota
$617K -$29.9K -4,587 -5%
PAG
22
Private Advisor Group
New Jersey
$571K +$82.3K +12,639 +17%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$454K -$103K -15,761 -18%
MML Investors Services
24
MML Investors Services
Massachusetts
$453K -$3.74K -574 -0.8%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$436K +$154K +23,594 +53%

MFM Hedge Fund Activity: Q3 2020 in Review

71 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q3 2020, worth a combined $38.3M — up 0.6% from $38M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new MFM positions and 4 closed out — a net gain of 2 holders — while 22 added to existing stakes and 16 trimmed.

The largest buyer was Stifel Financial, adding an estimated $1.78M. The largest seller was Robinson Capital Management, cutting an estimated $2.53M.

  • 71 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q3 2020, up from 69 in Q2 2020.
  • Funds reported $38.3M of Aberdeen Municipal Income Fund stock for Q3 2020, up 0.6% quarter-over-quarter.
  • 6 funds opened new Aberdeen Municipal Income Fund positions in Q3 2020 and 4 closed out, a net change of +2 holders.
  • The largest Aberdeen Municipal Income Fund buyer in Q3 2020 was Stifel Financial, an estimated $1.78M added.
  • The largest Aberdeen Municipal Income Fund seller in Q3 2020 was Robinson Capital Management, an estimated $2.53M sold.

Based on aggregated 13F filings for Q3 2020.