Eaton Vance Michigan Municipal Income Trust
EMI was delisted on the 14th of December, 2018.
10 hedge funds and large institutions have $3.58M invested in Eaton Vance Michigan Municipal Income Trust in 2015 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 10 → 10 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
2% less capital invested
Capital invested by funds: $3.64M → $3.58M (-$57.6K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$252K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$55.7K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$42.4K |
| 4 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
+$37.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$121K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$76.2K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$36.5K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$11.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIMG
1
Financial & Investment Management Group
Traverse City,
Michigan
| $1.22M | +$252K | +19,738 | +25% |
|
|
KIM
2
Karpus Investment Management
Pittsford,
New York
| $1.22M | -$36.5K | -2,860 | -3% |
|
|
PVWM
3
Point View Wealth Management
Summit,
New Jersey
| $530K | +$37.5K | +2,943 | +7% |
|
|
DA
4
Doliver Advisors
Houston,
Texas
| $311K | -$76.2K | -5,974 | -19% |
|
|
5
Wells Fargo
San Francisco,
California
| $140K | +$55.7K | +4,365 | +62% |
|
6
Morgan Stanley
New York
| $56K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $41K | +$42.4K | +3,325 | New |
|
8
Bank of America
Charlotte,
North Carolina
| $33K | – | – | – |
|
|
AIG
9
American International Group
New York
| $26.9K | – | – | – |
|
|
10
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $5K | -$11.5K | -900 | -69% |
|
|
WAM
11
Wolverine Asset Management
Chicago,
Illinois
| – | -$121K | -9,290 | Closed |
|
EMI Hedge Fund Activity: Q2 2015 in Review
10 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Income Trust (EMI) for Q2 2015, worth a combined $3.58M — down 1.6% from $3.64M a quarter earlier.
Fund positioning in EMI was balanced in Q2 2015: 1 fund opened new positions, 1 closed out, 3 added to existing stakes and 3 trimmed.
The largest buyer was Financial & Investment Management Group, adding an estimated $252K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $121K sold.
- 10 institutional investors held Eaton Vance Michigan Municipal Income Trust (EMI) as of Q2 2015, unchanged from Q1 2015.
- Funds reported $3.58M of Eaton Vance Michigan Municipal Income Trust stock for Q2 2015, down 1.6% quarter-over-quarter.
- 1 fund opened new Eaton Vance Michigan Municipal Income Trust positions in Q2 2015 and 1 closed out, a net change of 0 holders.
- The largest Eaton Vance Michigan Municipal Income Trust buyer in Q2 2015 was Financial & Investment Management Group, an estimated $252K added.
- The largest Eaton Vance Michigan Municipal Income Trust seller in Q2 2015 was Wolverine Asset Management, an estimated $121K sold.
Based on aggregated 13F filings for Q2 2015.