AMERICAN INCOME FUND
MRF
MRF was delisted on the 5th of September, 2014.
22 hedge funds and large institutions have $14M invested in AMERICAN INCOME FUND in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 3 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
35% more capital invested
Capital invested by funds: $10.4M → $14M (+$3.59M)
10% more funds holding
Funds holding: 20 → 22 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$411K |
| 3 |
SCM
Saba Capital Management
New York
|
+$402K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$399K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$62.8K |
| 2 |
NES
New England Securities
New York
|
-$30.6K |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$17K |
| 4 |
DAM
Delta Asset Management
Memphis,
Tennessee
|
-$5K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Nomura Holdings
Tokyo,
Japan
| – | -$1K | -200 | Closed |
|
MRF Hedge Fund Activity: Q4 2013 in Review
22 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in AMERICAN INCOME FUND (MRF) for Q4 2013, worth a combined $14M — up 35% from $10.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MRF positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.3M. The largest seller was ProVise Management Group, cutting an estimated $62.8K.
- 22 institutional investors held AMERICAN INCOME FUND (MRF) as of Q4 2013, up from 20 in Q3 2013.
- Funds reported $14M of AMERICAN INCOME FUND stock for Q4 2013, up 35% quarter-over-quarter.
- 5 funds opened new AMERICAN INCOME FUND positions in Q4 2013 and 3 closed out, a net change of +2 holders.
- The largest AMERICAN INCOME FUND buyer in Q4 2013 was Sit Investment Associates, an estimated $1.3M added.
- The largest AMERICAN INCOME FUND seller in Q4 2013 was ProVise Management Group, an estimated $62.8K sold.
Based on aggregated 13F filings for Q4 2013.