ABERDEEN MUNICIPAL INCOME FUND (MFM) — Institutional Holders, Q2 2026
126 institutional investment managers reported a MFM position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $165.1M. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
MFM in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- ROBINSON CAPITAL MANAGEMENTAdded · +897,784 sh+$5.0M
- Almitas CapitalNew · +878,531 sh+$4.9M
- Saba Capital Management, L.P.Added · +758,143 sh+$4.3M
- Janney Montgomery ScottNew · +716,516 sh+$4.0M
- RIVERNORTH CAPITAL MANAGEMENTAdded · +601,827 sh+$3.4M
Biggest sellers
- Private Advisor GroupSold out · -151,588 sh-$851.9K
- Logan Stone CapitalTrimmed · -73,895 sh-$415.3K
- Advisors Asset ManagementTrimmed · -60,105 sh-$337.8K
- Bank of New York MellonTrimmed · -49,696 sh-$279.3K
- Steward Partners Investment AdvisoryTrimmed · -48,494 sh-$272.5K
MFM 13F holders ranked 1–100 of 126
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | Pathstone#1 · 5,415,646 sh | 5,415,646 | $30.4M | 0.09% | +12.2% |
| 2 | BANK OF AMERICA#2 · 2,173,502 sh | 2,173,502 | $12.2M | <0.01% | +35.4% |
| 3 | UBS Group AG#3 · 1,821,270 sh | 1,821,270 | $10.2M | <0.01% | +42.9% |
| 4 | RIVERNORTH CAPITAL MANAGEMENT#4 · 1,509,877 sh | 1,509,877 | $8.5M | 0.40% | +66.3% |
| 5 | Advisors Asset Management#5 · 1,212,792 sh | 1,212,792 | $6.8M | 0.10% | -4.7% |
| 6 | ROBINSON CAPITAL MANAGEMENT#6 · 1,076,957 sh | 1,076,957 | $6.1M | 2.67% | +501.1% |
| 7 | Hennion & Walsh Asset Management#7 · 1,024,569 sh | 1,024,569 | $5.8M | — | +28.1% |
| 8 | Saba Capital Management, L.P.#8 · 1,023,943 sh | 1,023,943 | $5.8M | 0.15% | +285.2% |
| 9 | Almitas Capital#9 · 878,531 sh | 878,531 | $4.9M | 1.18% | New |
| 10 | GUGGENHEIM CAPITAL#10 · 845,307 sh | 845,307 | $4.8M | 0.03% | +1.6% |
| 11 | VAN ECK ASSOCIATES#11 · 728,998 sh | 728,998 | $4.1M | <0.01% | +86.1% |
| 12 | Janney Montgomery Scott#12 · 716,516 sh | 716,516 | $4.0M | <0.01% | New |
| 13 | WHITEBOX ADVISORS#13 · 575,062 sh | 575,062 | $3.2M | 0.04% | +360.0% |
| 14 | MORGAN STANLEY#14 · 566,526 sh | 566,526 | $3.2M | <0.01% | +190.7% |
| 15 | Closed-End Fund Advisors#15 · 466,837 sh | 466,837 | $2.6M | 2.56% | +69.6% |
| 16 | COMMONWEALTH EQUITY SERVICES#16 · 460,275 sh | 460,275 | $2.6M | <0.01% | New |
| 17 | Invesco Ltd.#17 · 455,662 sh | 455,662 | $2.6M | <0.01% | +0.3% |
| 18 | Summit Financial#18 · 449,141 sh | 449,141 | $2.5M | 0.03% | +700.1% |
| 19 | MELFA WEALTH MANAGEMENT#19 · 431,579 sh | 431,579 | $2.4M | 1.31% | +184.5% |
| 20 | OSAIC#20 · 398,602 sh | 398,602 | $2.2M | <0.01% | +131.1% |
| 21 | ENVESTNET ASSET MANAGEMENT#21 · 362,000 sh | 362,000 | $2.0M | <0.01% | +38.7% |
| 22 | RAYMOND JAMES FINANCIAL#22 · 350,691 sh | 350,691 | $2.0M | <0.01% | +67.6% |
| 23 | Thomas J. Herzfeld Advisors#23 · 345,429 sh | 345,429 | $1.9M | 0.60% | +458.6% |
| 24 | MACKAY SHIELDS#24 · 333,822 sh | 333,822 | $1.9M | — | +0.2% |
| 25 | CITY OF LONDON INVESTMENT MANAGEMENT LTD#25 · 324,887 sh | 324,887 | $1.8M | 0.11% | New |
| 26 | NewEdge Advisors#26 · 320,314 sh | 320,314 | $1.8M | <0.01% | +103.0% |
| 27 | SIT INVESTMENT ASSOCIATES#27 · 303,923 sh | 303,923 | $1.7M | 0.03% | New |
| 28 | Logan Stone Capital#28 · 256,998 sh | 256,998 | $1.4M | 0.31% | -22.3% |
| 29 | RIVERBRIDGE PARTNERS#29 · 247,902 sh | 247,902 | $1.4M | 0.04% | +36.8% |
| 30 | WELLS FARGO & COMPANY#30 · 235,722 sh | 235,722 | $1.3M | <0.01% | +134.9% |
| 31 | Bulldog Investors, LLP#31 · 230,382 sh | 230,382 | $1.3M | 0.28% | New |
| 32 | Cambridge Investment Research Advisors#32 · 200,972 sh | 200,972 | $1.1M | <0.01% | +89.0% |
| 33 | BALANCED WEALTH GROUP#33 · 197,774 sh | 197,774 | $1.1M | 0.35% | +1.4% |
| 34 | Capital Investment Advisors#34 · 192,571 sh | 192,571 | $1.1M | — | +80.4% |
| 35 | COHEN & STEERS#35 · 158,000 sh | 158,000 | $888.0K | <0.01% | -7.1% |
| 36 | Rockefeller Capital Management L.P.#36 · 152,647 sh | 152,647 | $857.9K | <0.01% | +17.2% |
| 37 | ROYAL BANK OF CANADA#37 · 149,453 sh | 149,453 | $840.0K | <0.01% | +16.6% |
| 38 | LPL Financial#38 · 143,472 sh | 143,472 | $806.3K | <0.01% | +29.7% |
| 39 | PARK AVENUE SECURITIES#39 · 131,437 sh | 131,437 | $739.0K | — | New |
| 40 | Equitable#40 · 125,456 sh | 125,456 | $705.1K | <0.01% | +207.4% |
| 41 | Bridgewater Advisors#41 · 127,250 sh | 127,250 | $683.3K | 0.04% | 0.0% |
| 42 | Bank of New York Mellon#42 · 114,290 sh | 114,290 | $642.3K | <0.01% | -30.3% |
| 43 | Creative Planning#43 · 110,699 sh | 110,699 | $622.1K | <0.01% | -4.6% |
| 44 | BLUE BELL PRIVATE WEALTH MANAGEMENT#44 · 108,566 sh | 108,566 | $610.1K | 0.08% | +181.5% |
| 45 | AMERIPRISE FINANCIAL#45 · 99,726 sh | 99,726 | $560.5K | <0.01% | -1.2% |
| 46 | Lido Advisors#46 · 92,341 sh | 92,341 | $519.0K | <0.01% | New |
| 47 | ROTHSCHILD INVESTMENT#47 · 86,372 sh | 86,372 | $485.4K | 0.02% | +63.0% |
| 48 | CAPTRUST FINANCIAL ADVISORS#48 · 72,105 sh | 72,105 | $405.2K | <0.01% | New |
| 49 | Tyche Wealth Partners#49 · 70,307 sh | 70,307 | $395.1K | 0.06% | -9.0% |
| 50 | Cetera Investment Advisers#50 · 64,185 sh | 64,185 | $360.7K | <0.01% | +87.1% |
| 51 | Matisse Capital#51 · 57,056 sh | 57,056 | $320.7K | 0.13% | +108.1% |
| 52 | Kestra Advisory Services#52 · 51,447 sh | 51,447 | $289.1K | <0.01% | New |
| 53 | Novak & Powell Financial Services#53 · 45,630 sh | 45,630 | $256.4K | 0.12% | New |
| 54 | MML INVESTORS SERVICES#54 · 45,238 sh | 45,238 | $254.2K | <0.01% | +11.6% |
| 55 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT#55 · 44,955 sh | 44,955 | $252.6K | <0.01% | +2.5% |
| 56 | Aviance Capital Partners#56 · 44,535 sh | 44,535 | $250.3K | 0.03% | -6.2% |
| 57 | TRUIST FINANCIAL#57 · 44,335 sh | 44,335 | $249.2K | <0.01% | New |
| 58 | Focus Partners Wealth#58 · 43,758 sh | 43,758 | $245.9K | <0.01% | New |
| 59 | Mutual Advisors#59 · 42,467 sh | 42,467 | $238.7K | <0.01% | New |
| 60 | CITADEL ADVISORS#60 · 41,345 sh | 41,345 | $232.4K | 0.00% | New |
| 61 | WILEY BROS.-AINTREE CAPITAL#61 · 40,583 sh | 40,583 | $228.1K | <0.01% | +20.0% |
| 62 | Ackerman Capital Advisors#62 · 39,535 sh | 39,535 | $222.2K | 0.04% | -12.4% |
| 63 | Noble Wealth Management PBC#63 · 36,760 sh | 36,760 | $206.6K | — | New |
| 64 | HighTower Advisors#64 · 32,308 sh | 32,308 | $181.6K | <0.01% | +61.4% |
| 65 | READYSTATE ASSET MANAGEMENT#65 · 31,676 sh | 31,676 | $178.0K | <0.01% | New |
| 66 | Wealthcare Advisory Partners#66 · 30,606 sh | 30,606 | $172.0K | — | +12.4% |
| 67 | Belpointe Asset Management#67 · 29,244 sh | 29,244 | $164.4K | <0.01% | New |
| 68 | Fortis Capital Advisors#68 · 29,244 sh | 29,244 | $164.4K | 0.02% | New |
| 69 | Apollon Wealth Management#69 · 28,657 sh | 28,657 | $161.1K | — | New |
| 70 | PFG Investments#70 · 27,678 sh | 27,678 | $155.6K | <0.01% | New |
| 71 | Beacon Pointe Advisors#71 · 26,305 sh | 26,305 | $147.8K | <0.01% | New |
| 72 | STIFEL FINANCIAL#72 · 25,749 sh | 25,749 | $144.7K | <0.01% | New |
| 73 | Baird Financial Group#73 · 25,564 sh | 25,564 | $143.7K | <0.01% | +4.3% |
| 74 | Compound Planning#74 · 24,183 sh | 24,183 | $135.9K | <0.01% | +23.4% |
| 75 | Beverly Hills Private Wealth#75 · 22,900 sh | 22,900 | $128.7K | 0.02% | New |
| 76 | Waverly Advisors#76 · 22,519 sh | 22,519 | $126.6K | <0.01% | +5.6% |
| 77 | EVOLVE PRIVATE WEALTH#77 · 22,511 sh | 22,511 | $126.5K | <0.01% | New |
| 78 | SUSQUEHANNA INTERNATIONAL GROUP, LLP#78 · 22,399 sh | 22,399 | $125.9K | 0.00% | +4.1% |
| 79 | Chicago Partners Investment Group#79 · 22,224 sh | 22,224 | $121.1K | — | 0.0% |
| 80 | INTEGRATED CAPITAL MANAGEMENT#80 · 20,068 sh | 20,068 | $112.8K | — | -6.4% |
| 81 | NOMURA#81 · 20,000 sh | 20,000 | $112.4K | <0.01% | New |
| 82 | LANGLEY WEALTH MANAGEMENT#82 · 19,981 sh | 19,981 | $112.3K | 0.11% | — |
| 83 | Allspring Global Investments#83 · 19,705 sh | 19,705 | $110.7K | <0.01% | New |
| 84 | Integrated Wealth Concepts#84 · 17,689 sh | 17,689 | $99.4K | <0.01% | +7.9% |
| 85 | HORIZON KINETICS ASSET MANAGEMENT#85 · 17,412 sh | 17,412 | $97.9K | <0.01% | New |
| 86 | Ethos Financial Group#86 · 18,111 sh | 18,111 | $97.6K | <0.01% | New |
| 87 | SILVERLAKE WEALTH MANAGEMENT#87 · 16,239 sh | 16,239 | $91.3K | — | +56.9% |
| 88 | Mariner#88 · 16,219 sh | 16,219 | $91.2K | <0.01% | +35.6% |
| 89 | Canal Capital Management#89 · 15,886 sh | 15,886 | $89.3K | 0.01% | New |
| 90 | DAVIS R M#90 · 15,773 sh | 15,773 | $88.6K | <0.01% | New |
| 91 | Concurrent Investment Advisors#91 · 14,464 sh | 14,464 | $81.3K | — | New |
| 92 | MERCER GLOBAL ADVISORS#92 · 14,447 sh | 14,447 | $81.2K | <0.01% | New |
| 93 | World Investment Advisors#93 · 14,462 sh | 14,462 | $78.0K | <0.01% | 0.0% |
| 94 | BOKF, NA#94 · 13,751 sh | 13,751 | $77.3K | <0.01% | New |
| 95 | 1607 Capital Partners#95 · 13,627 sh | 13,627 | $76.6K | <0.01% | New |
| 96 | J.W. COLE ADVISORS#96 · 11,697 sh | 11,697 | $65.7K | <0.01% | New |
| 97 | Sanctuary Advisors#97 · 11,692 sh | 11,692 | $65.7K | <0.01% | +1.0% |
| 98 | JANE STREET GROUP#98 · 11,554 sh | 11,554 | $64.9K | 0.00% | New |
| 99 | AMARILLO NATIONAL BANK#99 · 11,502 sh | 11,502 | $64.6K | — | 0.0% |
| 100 | ADAPT WEALTH ADVISORS#100 · 11,107 sh | 11,107 | $62.4K | 0.02% | New |
Funds that sold out of MFM in Q2 2026 (9)
Held MFM at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| Private Advisor Group151,588 sh | 151,588 | $817.1K |
| Corient Private Wealth20,513 sh | 20,513 | $110.6K |
| Activest Wealth Management14,816 sh | 14,816 | $79.9K |
| HRT FINANCIAL10,812 sh | 10,812 | $58.0K |
| XTX Topco Ltd10,731 sh | 10,731 | $57.8K |
| WOLVERINE ASSET MANAGEMENT4,403 sh | 4,403 | $23.7K |
| HM PAYSON2,763 sh | 2,763 | $14.9K |
| MAI Capital Management700 sh | 700 | $3.8K |
| Advisory Services Network335 sh | 335 | $1.8K |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.