Aberdeen Municipal Income Fund
MFM
70 hedge funds and large institutions have $52.5M invested in Aberdeen Municipal Income Fund in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 25 increasing their positions, 14 reducing their positions, and 5 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 14
8% more capital invested
Capital invested by funds: $48.5M → $52.5M (+$4M)
0.61% more ownership
Funds ownership: 17.26% → 17.86% (+0.61%)
3% less funds holding
Funds holding: 72 → 70 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.87M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.28M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$413K |
| 4 |
Morgan Stanley
New York
|
+$348K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$306K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$7.26M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$606K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$236K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$194K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$191K |
MFM Hedge Fund Activity: Q2 2021 in Review
70 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q2 2021, worth a combined $52.5M — up 8.2% from $48.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MFM and 4 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 25 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $7.87M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $7.26M sold.
- 70 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q2 2021, down from 72 in Q1 2021.
- Funds reported $52.5M of Aberdeen Municipal Income Fund stock for Q2 2021, up 8.2% quarter-over-quarter.
- 4 funds opened new Aberdeen Municipal Income Fund positions in Q2 2021 and 5 closed out, a net change of -1 holder.
- The largest Aberdeen Municipal Income Fund buyer in Q2 2021 was Rivernorth Capital Management, an estimated $7.87M added.
- The largest Aberdeen Municipal Income Fund seller in Q2 2021 was Robinson Capital Management, an estimated $7.26M sold.
Based on aggregated 13F filings for Q2 2021.