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MMT

Aberdeen Multi-Market Income Fund

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.

New
Increased
Maintained
Reduced
Closed

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: 7583 (+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: 10 (-1)

Holders
83
Holders Change
+8
Holders Change %
+10.67%
% of All Funds
2.21%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
11
Increased
28
Reduced
20
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$17.9M -$2.16M -351,231 -11%
1CP
2
1607 Capital Partners
Virginia
$15.3M -$675K -109,995 -4%
RCM
3
Rivernorth Capital Management
Florida
$10.6M -$3.66M -596,966 -26%
Wells Fargo
4
Wells Fargo
California
$7.99M +$353K +57,518 +5%
SIA
5
Sit Investment Associates
Minnesota
$7.67M -$2.55M -415,146 -25%
Morgan Stanley
6
Morgan Stanley
New York
$6.76M -$75.1K -12,231 -1%
EVM
7
Eaton Vance Management
Massachusetts
$6.66M
Invesco
8
Invesco
Georgia
$5.66M +$78.4K +12,774 +1%
LCM
9
Laurion Capital Management
New York
$5.53M +$2.81M +457,149 +101%
RVPG
10
Relative Value Partners Group
$4.67M +$146K +23,860 +3%
Kovitz Investment Group Partners
11
Kovitz Investment Group Partners
Illinois
$4.34M -$33.8K -5,511 -0.8%
FIMG
12
Financial & Investment Management Group
Michigan
$4.15M -$3.95M -644,062 -49%
UBS Group
13
UBS Group
Switzerland
$3.75M -$1.12M -183,198 -23%
FFA
14
First Foundation Advisors
California
$2.87M +$1.02M +166,129 +55%
AMH
15
Apollo Management Holdings
New York
$2.79M +$2.81M +457,592 New
Cohen & Steers
16
Cohen & Steers
New York
$2.67M +$656K +106,777 +32%
LCM
17
Landscape Capital Management
New Jersey
$2.29M -$1.01M -164,198 -30%
HighTower Advisors
18
HighTower Advisors
Illinois
$2.14M +$18.4K +3,003 +0.9%
LPL Financial
19
LPL Financial
California
$1.17M +$98.5K +16,038 +9%
CRC
20
Curi RMB Capital
Illinois
$1.12M +$84K +13,676 +8%
RJA
21
Raymond James & Associates
Florida
$1.1M -$114K -18,568 -9%
Stifel Financial
22
Stifel Financial
Missouri
$1.09M +$418K +68,164 +61%
Bank of America
23
Bank of America
North Carolina
$904K +$212K +34,506 +30%
SCM
24
Sterneck Capital Management
Missouri
$883K -$663K -107,914 -43%
BA
25
BlackRock Advisors
Delaware
$771K

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.