Aberdeen Intermediate Income Fund
MIN
78 hedge funds and large institutions have $180M invested in Aberdeen Intermediate Income Fund in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 17 increasing their positions, 20 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
8% more capital invested
Capital invested by funds: $166M → $180M (+$14.1M)
4% more funds holding
Funds holding: 75 → 78 (+3)
1.84% more ownership
Funds ownership: 38.37% → 40.21% (+1.8%)
15% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$20.2M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.12M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.06M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$988K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$718K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$13.3M |
| 2 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$2.37M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$502K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$361K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$304K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fifth Third Bancorp
Cincinnati,
Ohio
| $2K | -$2K | -537 | -48% |
|
|
HCM
77
Highlander Capital Management
Short Hills,
New Jersey
| $2K | – | – | – |
|
|
78
Kovitz Investment Group Partners
Chicago,
Illinois
| – | -$2.37M | -645,481 | Closed |
|
|
79
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$361K | -98,430 | Closed |
|
|
DWM
80
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$251K | -68,675 | Closed |
|
|
WP
81
WealthSource Partners
San Luis Obispo,
California
| – | -$212K | -57,730 | Closed |
|
|
AIC
82
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$200K | -54,550 | Closed |
|
83
Creative Planning
Overland Park,
Kansas
| – | -$128K | -34,781 | Closed |
|
|
BOPW
84
Brandywine Oak Private Wealth
Kennett Square,
Pennsylvania
| – | -$19K | -5,230 | Closed |
|
|
MOS
85
MGO One Seven
Beachwood,
Ohio
| – | -$5K | -1,628 | Closed |
|
|
LPWM
86
Lake Point Wealth Management
Rockwall,
Texas
| – | -$1K | -37 | Closed |
|
87
Fidelity Investments
Boston,
Massachusetts
| – | +$4 | +1 | New |
|
MIN Hedge Fund Activity: Q1 2019 in Review
78 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Intermediate Income Fund (MIN) for Q1 2019, worth a combined $180M — up 8.5% from $166M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MIN positions and 9 closed out — a net gain of 6 holders — while 17 added to existing stakes and 20 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $20.2M. The largest seller was Karpus Investment Management, cutting an estimated $13.3M.
- 78 institutional investors held Aberdeen Intermediate Income Fund (MIN) as of Q1 2019, up from 75 in Q4 2018.
- Funds reported $180M of Aberdeen Intermediate Income Fund stock for Q1 2019, up 8.5% quarter-over-quarter.
- 15 funds opened new Aberdeen Intermediate Income Fund positions in Q1 2019 and 9 closed out, a net change of +6 holders.
- The largest Aberdeen Intermediate Income Fund buyer in Q1 2019 was Sit Investment Associates, an estimated $20.2M added.
- The largest Aberdeen Intermediate Income Fund seller in Q1 2019 was Karpus Investment Management, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2019.