AMERICAN INCOME FUND
MRF
MRF was delisted on the 5th of September, 2014.
21 hedge funds and large institutions have $17.6M invested in AMERICAN INCOME FUND in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
12% more capital invested
Capital invested by funds: $15.7M → $17.6M (+$1.91M)
2.28% more ownership
Funds ownership: 21.7% → 23.98% (+2.3%)
0% more funds holding
Funds holding: 21 → 21 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.34M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$781K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$759K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$228K |
| 5 |
SCM
Saba Capital Management
New York
|
+$88.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$820K |
| 2 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$214K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$160K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$124K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$117K |
MRF Hedge Fund Activity: Q2 2014 in Review
21 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in AMERICAN INCOME FUND (MRF) for Q2 2014, worth a combined $17.6M — up 12% from $15.7M a quarter earlier.
Fund positioning in MRF was balanced in Q2 2014: 4 funds opened new positions, 4 closed out, 8 added to existing stakes and 6 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, opening a new position worth an estimated $1.34M. The largest seller was Wells Fargo, cutting an estimated $820K.
- 21 institutional investors held AMERICAN INCOME FUND (MRF) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $17.6M of AMERICAN INCOME FUND stock for Q2 2014, up 12% quarter-over-quarter.
- 4 funds opened new AMERICAN INCOME FUND positions in Q2 2014 and 4 closed out, a net change of 0 holders.
- The largest AMERICAN INCOME FUND buyer in Q2 2014 was Thomas J. Herzfeld Advisors, an estimated $1.34M added.
- The largest AMERICAN INCOME FUND seller in Q2 2014 was Wells Fargo, an estimated $820K sold.
Based on aggregated 13F filings for Q2 2014.