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MGF

Aberdeen Government Markets Income Fund

30 hedge funds and large institutions have $61.9M invested in Aberdeen Government Markets Income Fund in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.31% more ownership

Funds ownership: 36.06%38.37% (+2.3%)

4% more capital invested

Capital invested by funds: $59.2M → $61.9M (+$2.65M)

17% less funds holding

Funds holding: 3630 (-6)

23% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 13

50% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 10

Holders
30
Holders Change
-6
Holders Change %
-16.67%
% of All Funds
0.75%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
10
Reduced
13
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$32.9M +$579K +115,830 +2%
RVPG
2
Relative Value Partners Group
$12.4M +$559K +111,940 +5%
SIA
3
Sit Investment Associates
Minnesota
$10.7M +$4.23M +847,640 +65%
Invesco
4
Invesco
Georgia
$1.43M -$35.9K -7,186 -2%
WS
5
Wedbush Securities
California
$895K +$237K +47,356 +35%
LPL Financial
6
LPL Financial
California
$602K +$23.7K +4,752 +4%
MML Investors Services
7
MML Investors Services
Massachusetts
$435K +$439K +87,785 New
Morgan Stanley
8
Morgan Stanley
New York
$395K -$40.9K -8,184 -9%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$317K -$96.3K -19,272 -23%
DA
10
Doliver Advisors
Texas
$248K -$14.5K -2,908 -5%
GWI
11
Grace & White Inc
New York
$221K -$29.6K -5,917 -12%
WAM
12
Wolverine Asset Management
Illinois
$210K +$213K +42,600 New
Bank of America
13
Bank of America
North Carolina
$201K +$148K +29,718 +271%
GHAM
14
Gilman Hill Asset Management
Connecticut
$165K +$62.4K +12,500 +60%
UBS Group
15
UBS Group
Switzerland
$122K -$182K -36,515 -60%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$103K -$17.2K -3,450 -14%
RJA
17
Raymond James & Associates
Florida
$101K +$934 +187 +0.9%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$98K -$1.83K -366 -2%
SG Americas Securities
19
SG Americas Securities
New York
$95K -$104K -20,725 -52%
Fiera Capital (Canada)
20
Fiera Capital (Canada)
Quebec, Canada
$93K -$24.9K -4,982 -21%
PR
21
Payden & Rygel
California
$62K
Creative Planning
22
Creative Planning
Kansas
$60K +$50.6K +10,129 +506%
1CP
23
1607 Capital Partners
Virginia
$22K +$21.7K +4,349 New
PFGIA
24
Patriot Financial Group Insurance Agency
Massachusetts
$20K -$2.5K -500 -11%
IA
25
IFP Advisors
Florida
$18K -$7.12K -1,425 -29%

MGF Hedge Fund Activity: Q1 2017 in Review

30 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Government Markets Income Fund (MGF) for Q1 2017, worth a combined $61.9M — up 4.5% from $59.2M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of MGF and 5 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 10 added.

The largest buyer was Sit Investment Associates, adding an estimated $4.23M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $702K sold.

  • 30 institutional investors held Aberdeen Government Markets Income Fund (MGF) as of Q1 2017, down from 36 in Q4 2016.
  • Funds reported $61.9M of Aberdeen Government Markets Income Fund stock for Q1 2017, up 4.5% quarter-over-quarter.
  • 5 funds opened new Aberdeen Government Markets Income Fund positions in Q1 2017 and 10 closed out, a net change of -5 holders.
  • The largest Aberdeen Government Markets Income Fund buyer in Q1 2017 was Sit Investment Associates, an estimated $4.23M added.
  • The largest Aberdeen Government Markets Income Fund seller in Q1 2017 was Virtu KCG Holdings, an estimated $702K sold.

Based on aggregated 13F filings for Q1 2017.