Aberdeen Multi-Market Income Fund
MMT
83 hedge funds and large institutions have $130M invested in Aberdeen Multi-Market Income Fund in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
11% more funds holding
Funds holding: 75 → 83 (+8)
0.81% less ownership
Funds ownership: 29.06% → 28.24% (-0.81%)
5% less capital invested
Capital invested by funds: $137M → $130M (-$6.75M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
+$2.81M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$2.81M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.02M |
| 4 |
Cohen & Steers
New York
|
+$656K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$418K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$3.95M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.66M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.55M |
| 4 |
SCM
Saba Capital Management
New York
|
-$2.16M |
| 5 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
-$1.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CTC
76
Central Trust Company
Jefferson City,
Missouri
| $6K | – | – | – |
|
|
HCM
77
Highlander Capital Management
Short Hills,
New Jersey
| $6K | – | – | – |
|
|
PCM
78
Penserra Capital Management
Orinda,
California
| $6K | +$1.63K | +265 | +32% |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| $6K | +$6.14K | +1,000 | New |
|
|
HW
80
Hedeker Wealth
Lincolnshire,
Illinois
| $5.09K | +$184 | +30 | New |
|
|
PSUF
81
People's United Financial
Bridgeport,
Connecticut
| $3K | – | – | – |
|
82
SEI Investments
Oaks,
Pennsylvania
| $3K | +$3.04K | +495 | New |
|
|
CHP
83
Cable Hill Partners
Portland,
Oregon
| $3K | +$3.44K | +561 | New |
|
|
CFN
84
Cordasco Financial Network
Naples,
Florida
| $1K | – | – | – |
|
|
KC
85
Kingfisher Capital
Charlotte,
North Carolina
| – | -$1.25M | -206,357 | Closed |
|
|
PMG
86
ProVise Management Group
Clearwater,
Florida
| – | -$61K | -10,153 | Closed |
|
MMT Hedge Fund Activity: Q3 2016 in Review
83 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Multi-Market Income Fund (MMT) for Q3 2016, worth a combined $130M — down 4.9% from $137M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MMT positions and 2 closed out — a net gain of 9 holders — while 28 added to existing stakes and 20 trimmed.
The largest buyer was Apollo Management Holdings, opening a new position worth an estimated $2.81M. The largest seller was Financial & Investment Management Group, cutting an estimated $3.95M.
- 83 institutional investors held Aberdeen Multi-Market Income Fund (MMT) as of Q3 2016, up from 75 in Q2 2016.
- Funds reported $130M of Aberdeen Multi-Market Income Fund stock for Q3 2016, down 4.9% quarter-over-quarter.
- 11 funds opened new Aberdeen Multi-Market Income Fund positions in Q3 2016 and 2 closed out, a net change of +9 holders.
- The largest Aberdeen Multi-Market Income Fund buyer in Q3 2016 was Apollo Management Holdings, an estimated $2.81M added.
- The largest Aberdeen Multi-Market Income Fund seller in Q3 2016 was Financial & Investment Management Group, an estimated $3.95M sold.
Based on aggregated 13F filings for Q3 2016.