Aberdeen Multi-Market Income Fund
MMT
80 hedge funds and large institutions have $107M invested in Aberdeen Multi-Market Income Fund in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 24 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1% less funds holding
Funds holding: 81 → 80 (-1)
2.93% less ownership
Funds ownership: 26.12% → 23.19% (-2.9%)
10% less capital invested
Capital invested by funds: $120M → $107M (-$12.3M)
25% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.97M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$2.66M |
| 3 |
BlackRock
New York
|
+$772K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$220K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$188K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.36M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.36M |
| 3 |
Morgan Stanley
New York
|
-$2.68M |
| 4 |
AMH
Apollo Management Holdings
New York
|
-$2.23M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.56M |
MMT Hedge Fund Activity: Q1 2017 in Review
80 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Multi-Market Income Fund (MMT) for Q1 2017, worth a combined $107M — down 10% from $120M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MMT positions and 8 closed out — a net gain of 1 holder — while 18 added to existing stakes and 24 trimmed.
The largest buyer was UBS Group, adding an estimated $2.97M. The largest seller was Saba Capital Management, cutting an estimated $4.36M.
- 80 institutional investors held Aberdeen Multi-Market Income Fund (MMT) as of Q1 2017, down from 81 in Q4 2016.
- Funds reported $107M of Aberdeen Multi-Market Income Fund stock for Q1 2017, down 10% quarter-over-quarter.
- 9 funds opened new Aberdeen Multi-Market Income Fund positions in Q1 2017 and 8 closed out, a net change of +1 holder.
- The largest Aberdeen Multi-Market Income Fund buyer in Q1 2017 was UBS Group, an estimated $2.97M added.
- The largest Aberdeen Multi-Market Income Fund seller in Q1 2017 was Saba Capital Management, an estimated $4.36M sold.
Based on aggregated 13F filings for Q1 2017.