AMERICAN INCOME FUND
MRF
MRF was delisted on the 5th of September, 2014.
21 hedge funds and large institutions have $15.7M invested in AMERICAN INCOME FUND in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 3 closing their positions.
12% more capital invested
Capital invested by funds: $14M → $15.7M (+$1.74M)
2% more ownership
Funds ownership: 19.7% → 21.7% (+2%)
5% less funds holding
Funds holding: 22 → 21 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.22M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$691K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$93.2K |
| 4 |
Morgan Stanley
New York
|
+$62.1K |
| 5 |
SCM
Saba Capital Management
New York
|
+$48.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$240K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$145K |
| 3 |
LPL Financial
San Diego,
California
|
-$82K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$74K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$61.9K |
MRF Hedge Fund Activity: Q1 2014 in Review
21 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in AMERICAN INCOME FUND (MRF) for Q1 2014, worth a combined $15.7M — up 12% from $14M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MRF and 2 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 6 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.22M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $240K sold.
- 21 institutional investors held AMERICAN INCOME FUND (MRF) as of Q1 2014, down from 22 in Q4 2013.
- Funds reported $15.7M of AMERICAN INCOME FUND stock for Q1 2014, up 12% quarter-over-quarter.
- 2 funds opened new AMERICAN INCOME FUND positions in Q1 2014 and 3 closed out, a net change of -1 holder.
- The largest AMERICAN INCOME FUND buyer in Q1 2014 was Sit Investment Associates, an estimated $1.22M added.
- The largest AMERICAN INCOME FUND seller in Q1 2014 was Shaker Financial Services, an estimated $240K sold.
Based on aggregated 13F filings for Q1 2014.