AMERICAN INCOME FUND
MRF
MRF was delisted on the 5th of September, 2014.
20 hedge funds and large institutions have $10.4M invested in AMERICAN INCOME FUND in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
5% more funds holding
Funds holding: 19 → 20 (+1)
0.5% less ownership
Funds ownership: 15.31% → 14.81% (-0.5%)
8% less capital invested
Capital invested by funds: $11.2M → $10.4M (-$844K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$390K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$245K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$116K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$75.5K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$66.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$704K |
| 2 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$337K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$97K |
| 4 |
HK
Horizon Kinetics
New York
|
-$95K |
| 5 |
LPL Financial
San Diego,
California
|
-$66.7K |
MRF Hedge Fund Activity: Q3 2013 in Review
20 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in AMERICAN INCOME FUND (MRF) for Q3 2013, worth a combined $10.4M — down 7.5% from $11.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MRF positions and 2 closed out — a net gain of 1 holder — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Doliver Advisors, opening a new position worth an estimated $390K. The largest seller was Sit Investment Associates, cutting an estimated $704K.
- 20 institutional investors held AMERICAN INCOME FUND (MRF) as of Q3 2013, up from 19 in Q2 2013.
- Funds reported $10.4M of AMERICAN INCOME FUND stock for Q3 2013, down 7.5% quarter-over-quarter.
- 3 funds opened new AMERICAN INCOME FUND positions in Q3 2013 and 2 closed out, a net change of +1 holder.
- The largest AMERICAN INCOME FUND buyer in Q3 2013 was Doliver Advisors, an estimated $390K added.
- The largest AMERICAN INCOME FUND seller in Q3 2013 was Sit Investment Associates, an estimated $704K sold.
Based on aggregated 13F filings for Q3 2013.