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MFM

Aberdeen Municipal Income Fund

69 hedge funds and large institutions have $58.7M invested in Aberdeen Municipal Income Fund in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more capital invested

Capital invested by funds: $53.7M → $58.7M (+$5.01M)

1.61% more ownership

Funds ownership: 25.23%26.84% (+1.6%)

10% less funds holding

Funds holding: 7769 (-8)

20% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 25

62% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 13

Holders
69
Holders Change
-8
Holders Change %
-10.39%
% of All Funds
1.1%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
20
Reduced
25
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
$10.4M +$467K +90,068 +5%
SCM
2
Saba Capital Management
New York
$6.72M +$1.6M +308,835 +33%
Bank of America
3
Bank of America
North Carolina
$5.64M +$113K +21,697 +2%
WP
4
Woodline Partners
California
$3.29M +$1.35M +260,919 +74%
RCM
5
Robinson Capital Management
Michigan
$3.11M -$388K -74,852 -11%
AAM
6
Advisors Asset Management
Colorado
$3M +$632K +121,839 +28%
UBS Group
7
UBS Group
Switzerland
$2.47M +$1.77M +341,780 +284%
Janney Montgomery Scott
8
Janney Montgomery Scott
Pennsylvania
$1.83M +$90K +17,338 +5%
MSL
9
Mackay Shields LLC
New York
$1.78M
VanEck Associates
10
VanEck Associates
New York
$1.64M +$262K +50,445 +20%
Northwestern Mutual Wealth Management
11
Northwestern Mutual Wealth Management
Wisconsin
$1.6M -$315K -60,731 -17%
Wells Fargo
12
Wells Fargo
California
$1.41M -$91.1K -17,558 -6%
LSC
13
Logan Stone Capital
Illinois
$1.39M +$206K +39,658 +18%
GC
14
Guggenheim Capital
Illinois
$1.21M -$730K -140,675 -38%
EDRIA
15
Edmonds Duncan Registered Investment Advisors
Kansas
$1.14M +$22.4K +4,323 +2%
LPL Financial
16
LPL Financial
California
$1.13M -$109K -21,023 -9%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$881K -$82.4K -15,876 -9%
PAS
18
Park Avenue Securities
New York
$827K -$59K -11,377 -7%
KIM
19
Karpus Investment Management
New York
$818K -$62.7K -12,077 -7%
Invesco
20
Invesco
Georgia
$728K -$288K -55,484 -29%
AA
21
AQR Arbitrage
Connecticut
$719K +$180K +34,595 +35%
CIA
22
Capital Investment Advisors
Georgia
$711K +$66.7K +12,850 +11%
RJA
23
Raymond James & Associates
Florida
$609K +$22.8K +4,387 +4%
MWM
24
Melfa Wealth Management
Massachusetts
$537K
MC
25
Moors & Cabot
Massachusetts
$521K -$181K -34,974 -26%

MFM Hedge Fund Activity: Q1 2023 in Review

69 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Municipal Income Fund (MFM) for Q1 2023, worth a combined $58.7M — up 9.3% from $53.7M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of MFM and 5 opened new positions — a net loss of 8 holders — while 25 trimmed existing stakes and 20 added.

The largest buyer was UBS Group, adding an estimated $1.77M. The largest seller was Guggenheim Capital, cutting an estimated $730K.

  • 69 institutional investors held Aberdeen Municipal Income Fund (MFM) as of Q1 2023, down from 77 in Q4 2022.
  • Funds reported $58.7M of Aberdeen Municipal Income Fund stock for Q1 2023, up 9.3% quarter-over-quarter.
  • 5 funds opened new Aberdeen Municipal Income Fund positions in Q1 2023 and 13 closed out, a net change of -8 holders.
  • The largest Aberdeen Municipal Income Fund buyer in Q1 2023 was UBS Group, an estimated $1.77M added.
  • The largest Aberdeen Municipal Income Fund seller in Q1 2023 was Guggenheim Capital, an estimated $730K sold.

Based on aggregated 13F filings for Q1 2023.