Aberdeen Multi-Market Income Fund
MMT
77 hedge funds and large institutions have $41.1M invested in Aberdeen Multi-Market Income Fund in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
4% more funds holding
Funds holding: 74 → 77 (+3)
0.94% more ownership
Funds ownership: 11.91% → 12.85% (+0.94%)
13% less capital invested
Capital invested by funds: $47.1M → $41.1M (-$5.93M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.66M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.01M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$470K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$462K |
| 5 |
RVPG
Relative Value Partners Group
|
+$367K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.11M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$838K |
| 3 |
Cohen & Steers
New York
|
-$641K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$634K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$289K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NL
76
NWAM LLC
Mercer Island,
Washington
| $202 | +$2.1K | +362 | +0.9% |
|
|
RJFSA
77
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$838K | -136,932 | Closed |
|
|
PAS
78
Park Avenue Securities
New York
| – | -$202K | -32,958 | Closed |
|
|
GHAM
79
Gilman Hill Asset Management
New Canaan,
Connecticut
| – | -$97K | -15,850 | Closed |
|
|
IAA
80
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$84K | -13,680 | Closed |
|
|
OA
81
Oxbow Advisors
Austin,
Texas
| – | -$76K | -12,362 | Closed |
|
82
Creative Planning
Overland Park,
Kansas
| – | -$67K | -10,931 | Closed |
|
|
RA
83
RFG Advisory
Birmingham,
Alabama
| – | -$67K | -10,890 | Closed |
|
|
NFG
84
Next Financial Group
Houston,
Texas
| – | -$3K | -500 | Closed |
|
MMT Hedge Fund Activity: Q1 2020 in Review
77 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Multi-Market Income Fund (MMT) for Q1 2020, worth a combined $41.1M — down 13% from $47.1M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MMT positions and 10 closed out — a net gain of 7 holders — while 23 added to existing stakes and 19 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $2.66M. The largest seller was Sit Investment Associates, cutting an estimated $1.11M.
- 77 institutional investors held Aberdeen Multi-Market Income Fund (MMT) as of Q1 2020, up from 74 in Q4 2019.
- Funds reported $41.1M of Aberdeen Multi-Market Income Fund stock for Q1 2020, down 13% quarter-over-quarter.
- 17 funds opened new Aberdeen Multi-Market Income Fund positions in Q1 2020 and 10 closed out, a net change of +7 holders.
- The largest Aberdeen Multi-Market Income Fund buyer in Q1 2020 was Saba Capital Management, an estimated $2.66M added.
- The largest Aberdeen Multi-Market Income Fund seller in Q1 2020 was Sit Investment Associates, an estimated $1.11M sold.
Based on aggregated 13F filings for Q1 2020.