Aberdeen Government Markets Income Fund
37 hedge funds and large institutions have $40.8M invested in Aberdeen Government Markets Income Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 6 closing their positions.
7% more capital invested
Capital invested by funds: $38.3M → $40.8M (+$2.54M)
1.43% more ownership
Funds ownership: 19.57% → 21% (+1.4%)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
5% less funds holding
Funds holding: 39 → 37 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$2.52M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.52M |
| 3 |
GHAM
Gilman Hill Asset Management
New Canaan,
Connecticut
|
+$608K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$478K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.12M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$259K |
| 3 |
Barclays
London,
United Kingdom
|
-$240K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$239K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$223K |
MGF Hedge Fund Activity: Q1 2014 in Review
37 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Government Markets Income Fund (MGF) for Q1 2014, worth a combined $40.8M — up 6.6% from $38.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MGF and 4 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 12 added.
The largest buyer was Relative Value Partners, adding an estimated $2.52M. The largest seller was Saba Capital Management, cutting an estimated $1.12M.
- 37 institutional investors held Aberdeen Government Markets Income Fund (MGF) as of Q1 2014, down from 39 in Q4 2013.
- Funds reported $40.8M of Aberdeen Government Markets Income Fund stock for Q1 2014, up 6.6% quarter-over-quarter.
- 4 funds opened new Aberdeen Government Markets Income Fund positions in Q1 2014 and 6 closed out, a net change of -2 holders.
- The largest Aberdeen Government Markets Income Fund buyer in Q1 2014 was Relative Value Partners, an estimated $2.52M added.
- The largest Aberdeen Government Markets Income Fund seller in Q1 2014 was Saba Capital Management, an estimated $1.12M sold.
Based on aggregated 13F filings for Q1 2014.