Aberdeen Intermediate Income Fund
MIN
73 hedge funds and large institutions have $78.3M invested in Aberdeen Intermediate Income Fund in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 19 reducing their positions, and 13 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 19
29% more capital invested
Capital invested by funds: $60.9M → $78.3M (+$17.4M)
3.52% more ownership
Funds ownership: 8.95% → 12.48% (+3.5%)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1% less funds holding
Funds holding: 74 → 73 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$7.98M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$3.11M |
| 3 |
AIM
Assured Investment Management
New York
|
+$2.77M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.42M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.72M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$926K |
| 3 |
Morgan Stanley
New York
|
-$615K |
| 4 |
LPL Financial
San Diego,
California
|
-$601K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$600K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
76
SeaBridge Investment Advisors
Summit,
New Jersey
| – | -$423K | -73,500 | Closed |
|
|
RJFSA
77
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$415K | -72,171 | Closed |
|
78
Rafferty Asset Management
New York
| – | -$156K | -27,053 | Closed |
|
|
PWPCM
79
Perella Weinberg Partners Capital Management
New York
| – | -$139K | -24,218 | Closed |
|
|
PP
80
Paloma Partners
Greenwich,
Connecticut
| – | -$132K | -22,900 | Closed |
|
81
Northern Trust
Chicago,
Illinois
| – | -$1K | -10,647 | Closed |
|
|
FA
82
Financial Advantage
Columbia,
Maryland
| – | -$27K | -4,750 | Closed |
|
83
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$22K | -3,758 | Closed |
|
|
FANJ
84
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$5K | -825 | Closed |
|
|
LWCFA
85
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$1K | -216 | Closed |
|
|
MA
86
MCF Advisors
Covington,
Kentucky
| – | -$1K | -203 | Closed |
|
87
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$48 | +9 | New |
|
MIN Hedge Fund Activity: Q3 2013 in Review
73 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Intermediate Income Fund (MIN) for Q3 2013, worth a combined $78.3M — up 29% from $60.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of MIN and 12 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 27 added.
The largest buyer was Relative Value Partners, adding an estimated $7.98M. The largest seller was Royal Bank of Canada, cutting an estimated $2.72M.
- 73 institutional investors held Aberdeen Intermediate Income Fund (MIN) as of Q3 2013, down from 74 in Q2 2013.
- Funds reported $78.3M of Aberdeen Intermediate Income Fund stock for Q3 2013, up 29% quarter-over-quarter.
- 12 funds opened new Aberdeen Intermediate Income Fund positions in Q3 2013 and 13 closed out, a net change of -1 holder.
- The largest Aberdeen Intermediate Income Fund buyer in Q3 2013 was Relative Value Partners, an estimated $7.98M added.
- The largest Aberdeen Intermediate Income Fund seller in Q3 2013 was Royal Bank of Canada, an estimated $2.72M sold.
Based on aggregated 13F filings for Q3 2013.