Aberdeen Intermediate Income Fund
MIN
77 hedge funds and large institutions have $114M invested in Aberdeen Intermediate Income Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 10 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
4% more capital invested
Capital invested by funds: $109M → $114M (+$4.72M)
0.81% more ownership
Funds ownership: 17.93% → 18.74% (+0.81%)
7% less funds holding
Funds holding: 83 → 77 (-6)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$7.68M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$3.9M |
| 3 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$2.91M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.96M |
| 5 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$8.02M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.28M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$976K |
| 5 |
PM
Penbrook Management
New York
|
-$896K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
76
Alexandria Capital
Arlington,
Virginia
| $1K | – | – | – |
|
|
GSC
77
Ground Swell Capital
Folly Beach,
South Carolina
| $1K | +$531 | +100 | New |
|
|
KIM
78
Karpus Investment Management
Pittsford,
New York
| – | -$8.02M | -1,548,585 | Closed |
|
|
MIG
79
Mariner Investment Group
Harrison,
New York
| – | -$1.28M | -247,914 | Closed |
|
|
CA
80
Cornerstone Advisors
Asheville,
North Carolina
| – | -$1M | -193,045 | Closed |
|
|
SCM
81
Saba Capital Management
New York
| – | -$651K | -125,732 | Closed |
|
82
HighTower Advisors
Chicago,
Illinois
| – | -$196K | -37,900 | Closed |
|
83
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$129K | -24,881 | Closed |
|
|
PP
84
Paloma Partners
Greenwich,
Connecticut
| – | -$64K | -12,359 | Closed |
|
|
UCFA
85
United Capital Financial Advisors
Irving,
Texas
| – | -$61K | -11,754 | Closed |
|
|
MFS
86
MSI Financial Services
Springfield,
Massachusetts
| – | -$43K | -8,292 | Closed |
|
|
CCS
87
Crosspoint Capital Strategies
Orinda,
California
| – | -$23K | -4,515 | Closed |
|
MIN Hedge Fund Activity: Q2 2014 in Review
77 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Intermediate Income Fund (MIN) for Q2 2014, worth a combined $114M — up 4.3% from $109M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MIN and 4 opened new positions — a net loss of 6 holders — while 23 trimmed existing stakes and 28 added.
The largest buyer was UBS, adding an estimated $7.68M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $8.02M sold.
- 77 institutional investors held Aberdeen Intermediate Income Fund (MIN) as of Q2 2014, down from 83 in Q1 2014.
- Funds reported $114M of Aberdeen Intermediate Income Fund stock for Q2 2014, up 4.3% quarter-over-quarter.
- 4 funds opened new Aberdeen Intermediate Income Fund positions in Q2 2014 and 10 closed out, a net change of -6 holders.
- The largest Aberdeen Intermediate Income Fund buyer in Q2 2014 was UBS, an estimated $7.68M added.
- The largest Aberdeen Intermediate Income Fund seller in Q2 2014 was Karpus Investment Management, an estimated $8.02M sold.
Based on aggregated 13F filings for Q2 2014.