Aberdeen Multi-Market Income Fund
MMT
83 hedge funds and large institutions have $110M invested in Aberdeen Multi-Market Income Fund in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
12% more capital invested
Capital invested by funds: $97.6M → $110M (+$12M)
2.49% more ownership
Funds ownership: 18.71% → 21.2% (+2.5%)
2% more funds holding
Funds holding: 81 → 83 (+2)
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.22M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.52M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.51M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.2M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.12M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.15M |
| 3 |
Barclays
London,
United Kingdom
|
-$1.04M |
| 4 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$465K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$356K |
MMT Hedge Fund Activity: Q1 2014 in Review
83 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Multi-Market Income Fund (MMT) for Q1 2014, worth a combined $110M — up 12% from $97.6M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MMT positions and 13 closed out — a net gain of 2 holders — while 21 added to existing stakes and 23 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $7.22M. The largest seller was Guggenheim Capital, cutting an estimated $2.12M.
- 83 institutional investors held Aberdeen Multi-Market Income Fund (MMT) as of Q1 2014, up from 81 in Q4 2013.
- Funds reported $110M of Aberdeen Multi-Market Income Fund stock for Q1 2014, up 12% quarter-over-quarter.
- 15 funds opened new Aberdeen Multi-Market Income Fund positions in Q1 2014 and 13 closed out, a net change of +2 holders.
- The largest Aberdeen Multi-Market Income Fund buyer in Q1 2014 was Saba Capital Management, an estimated $7.22M added.
- The largest Aberdeen Multi-Market Income Fund seller in Q1 2014 was Guggenheim Capital, an estimated $2.12M sold.
Based on aggregated 13F filings for Q1 2014.