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MIN

Aberdeen Intermediate Income Fund

87 hedge funds and large institutions have $103M invested in Aberdeen Intermediate Income Fund in 2013 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

188% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 8

32% more capital invested

Capital invested by funds: $78.3M → $103M (+$24.7M)

19% more funds holding

Funds holding: 7387 (+14)

18% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 22

4.4% more ownership

Funds ownership: 12.48%16.88% (+4.4%)

Holders
87
Holders Change
+14
Holders Change %
+19.18%
% of All Funds
2.53%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
23
Increased
26
Reduced
22
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RVP
1
Relative Value Partners
Illinois
$17.5M +$7.47M +1,433,789 +74%
Morgan Stanley
2
Morgan Stanley
New York
$11.2M +$1.99M +381,660 +21%
KIM
3
Karpus Investment Management
New York
$8.71M +$6.28M +1,206,355 +253%
Wells Fargo
4
Wells Fargo
California
$8.17M +$5.77M +1,107,156 +236%
SIA
5
Sit Investment Associates
Minnesota
$7.18M +$3.04M +582,871 +73%
Invesco
6
Invesco
Georgia
$5.52M -$453K -86,976 -8%
U
7
UBS
Switzerland
$5.49M +$1.37M +262,064 +33%
NIMC
8
NWQ Investment Management Company
California
$5.13M +$5.16M +990,383 New
AIM
9
Assured Investment Management
New York
$4.2M
SCM
10
Saba Capital Management
New York
$2.7M +$2.59M +497,353 +2,037%
AA
11
Ancora Advisors
Ohio
$2.63M -$136K -26,025 -5%
GIP
12
Greatmark Investment Partners
Georgia
$2.62M +$24.2K +4,650 +0.9%
WAM
13
Wolverine Asset Management
Illinois
$1.93M +$808K +155,082 +72%
LPL Financial
14
LPL Financial
California
$1.39M -$337K -64,699 -19%
MIG
15
Mariner Investment Group
New York
$1.31M +$1.32M +252,596 New
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$1.1M +$5.58K +1,071 +0.5%
Bank of America
17
Bank of America
North Carolina
$1.08M +$20.6K +3,947 +2%
BRWA
18
B. Riley Wealth Advisors
Florida
$1.06M -$33K -6,341 -3%
CA
19
Cornerstone Advisors
North Carolina
$1.05M +$474K +90,984 +82%
PM
20
Penbrook Management
New York
$874K +$879K +168,667 New
SRC
21
Shufro Rose & Co
New York
$795K
Goldman Sachs
22
Goldman Sachs
New York
$743K +$58.9K +11,301 +9%
RJA
23
Raymond James & Associates
Florida
$693K -$82.5K -15,834 -11%
VAM
24
Visium Asset Management
New York
$661K -$458K -87,846 -41%
Citigroup
25
Citigroup
New York
$637K +$34.8K +6,688 +6%

MIN Hedge Fund Activity: Q4 2013 in Review

87 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Intermediate Income Fund (MIN) for Q4 2013, worth a combined $103M — up 32% from $78.3M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new MIN positions and 8 closed out — a net gain of 15 holders — while 26 added to existing stakes and 22 trimmed.

The largest buyer was Relative Value Partners, adding an estimated $7.47M. The largest seller was First Allied Asset Management, exiting entirely with an estimated $5.03M sold.

  • 87 institutional investors held Aberdeen Intermediate Income Fund (MIN) as of Q4 2013, up from 73 in Q3 2013.
  • Funds reported $103M of Aberdeen Intermediate Income Fund stock for Q4 2013, up 32% quarter-over-quarter.
  • 23 funds opened new Aberdeen Intermediate Income Fund positions in Q4 2013 and 8 closed out, a net change of +15 holders.
  • The largest Aberdeen Intermediate Income Fund buyer in Q4 2013 was Relative Value Partners, an estimated $7.47M added.
  • The largest Aberdeen Intermediate Income Fund seller in Q4 2013 was First Allied Asset Management, an estimated $5.03M sold.

Based on aggregated 13F filings for Q4 2013.