Aberdeen Multi-Market Income Fund
MMT
81 hedge funds and large institutions have $120M invested in Aberdeen Multi-Market Income Fund in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 25 reducing their positions, and 7 closing their positions.
4% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 25
2.13% less ownership
Funds ownership: 28.24% → 26.12% (-2.1%)
2% less funds holding
Funds holding: 83 → 81 (-2)
8% less capital invested
Capital invested by funds: $130M → $120M (-$10.3M)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.07M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.6M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$809K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$327K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$10.1M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$5.53M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.18M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.12M |
| 5 |
AMH
Apollo Management Holdings
New York
|
-$527K |
MMT Hedge Fund Activity: Q4 2016 in Review
81 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Multi-Market Income Fund (MMT) for Q4 2016, worth a combined $120M — down 8% from $130M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MMT and 6 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 24 added.
The largest buyer was Wells Fargo, adding an estimated $6.07M. The largest seller was Saba Capital Management, cutting an estimated $10.1M.
- 81 institutional investors held Aberdeen Multi-Market Income Fund (MMT) as of Q4 2016, down from 83 in Q3 2016.
- Funds reported $120M of Aberdeen Multi-Market Income Fund stock for Q4 2016, down 8% quarter-over-quarter.
- 6 funds opened new Aberdeen Multi-Market Income Fund positions in Q4 2016 and 7 closed out, a net change of -1 holder.
- The largest Aberdeen Multi-Market Income Fund buyer in Q4 2016 was Wells Fargo, an estimated $6.07M added.
- The largest Aberdeen Multi-Market Income Fund seller in Q4 2016 was Saba Capital Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q4 2016.