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MFM

Aberdeen Municipal Income Fund

72 hedge funds and large institutions have $44M invested in Aberdeen Municipal Income Fund in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 20

0.06% less ownership

Funds ownership: 22.11%22.05% (-0.06%)

6% less funds holding

Funds holding: 7772 (-5)

11% less capital invested

Capital invested by funds: $49.6M → $44M (-$5.56M)

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

Holders
72
Holders Change
-5
Holders Change %
-6.49%
% of All Funds
1.24%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
23
Reduced
20
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$6.77M +$560K +101,298 +8%
Bank of America
2
Bank of America
North Carolina
$4.43M +$531K +96,044 +12%
RCM
3
Rivernorth Capital Management
Florida
$4.11M -$1.67M -301,896 -26%
AAM
4
Advisors Asset Management
Colorado
$2.17M -$49.8K -9,017 -2%
RCM
5
Robinson Capital Management
Michigan
$2.17M -$429K -77,695 -15%
Northwestern Mutual Wealth Management
6
Northwestern Mutual Wealth Management
Wisconsin
$1.89M +$153K +27,656 +8%
Wells Fargo
7
Wells Fargo
California
$1.85M +$37.8K +6,847 +2%
MSL
8
Mackay Shields LLC
New York
$1.61M
GC
9
Guggenheim Capital
Illinois
$1.57M +$825K +149,233 +85%
Janney Montgomery Scott
10
Janney Montgomery Scott
Pennsylvania
$1.5M -$26.7K -4,829 -2%
Invesco
11
Invesco
Georgia
$1.4M +$181K +32,743 +13%
LPL Financial
12
LPL Financial
California
$1.13M +$286K +51,792 +29%
EDRIA
13
Edmonds Duncan Registered Investment Advisors
Kansas
$1.08M +$45K +8,140 +4%
VanEck Associates
14
VanEck Associates
New York
$1.05M -$25.1K -4,536 -2%
KIM
15
Karpus Investment Management
New York
$870K -$360K -65,185 -27%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$860K +$7.51K +1,359 +0.8%
IWC
17
Integrated Wealth Concepts
Massachusetts
$852K +$512K +92,667 +111%
PAS
18
Park Avenue Securities
New York
$790K -$27.7K -5,010 -3%
CIA
19
Capital Investment Advisors
Georgia
$623K +$64.9K +11,750 +10%
LSC
20
Logan Stone Capital
Illinois
$583K +$386K +69,903 +138%
Osaic Holdings
21
Osaic Holdings
Arizona
$476K -$10.8K -1,952 -2%
AA
22
AQR Arbitrage
Connecticut
$412K +$53.3K +9,653 +13%
UBS Group
23
UBS Group
Switzerland
$391K -$163K -29,455 -27%
Ameriprise
24
Ameriprise
Minnesota
$346K -$27.1K -4,901 -6%
MML Investors Services
25
MML Investors Services
Massachusetts
$294K -$44.4K -8,042 -12%

MFM Hedge Fund Activity: Q3 2022 in Review

72 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q3 2022, worth a combined $44M — down 11% from $49.6M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of MFM and 8 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 23 added.

The largest buyer was Guggenheim Capital, adding an estimated $825K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.67M.

  • 72 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q3 2022, down from 77 in Q2 2022.
  • Funds reported $44M of Aberdeen Municipal Income Fund stock for Q3 2022, down 11% quarter-over-quarter.
  • 8 funds opened new Aberdeen Municipal Income Fund positions in Q3 2022 and 13 closed out, a net change of -5 holders.
  • The largest Aberdeen Municipal Income Fund buyer in Q3 2022 was Guggenheim Capital, an estimated $825K added.
  • The largest Aberdeen Municipal Income Fund seller in Q3 2022 was Rivernorth Capital Management, an estimated $1.67M sold.

Based on aggregated 13F filings for Q3 2022.