Eaton Vance Michigan Municipal Income Trust
EMI was delisted on the 14th of December, 2018.
12 hedge funds and large institutions have $4.11M invested in Eaton Vance Michigan Municipal Income Trust in 2015 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 0 closing their positions.
12% more capital invested
Capital invested by funds: $3.66M → $4.11M (+$455K)
9% more funds holding
Funds holding: 11 → 12 (+1)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$238K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$70.6K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$8.58K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.29K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$26K |
| 2 |
Morgan Stanley
New York
|
-$13.7K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$12.7K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$12.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KIM
1
Karpus Investment Management
Pittsford,
New York
| $1.57M | +$238K | +18,663 | +18% |
|
|
FIMG
2
Financial & Investment Management Group
Traverse City,
Michigan
| $1.44M | -$12.7K | -1,000 | -0.9% |
|
|
PVWM
3
Point View Wealth Management
Summit,
New Jersey
| $486K | -$26K | -2,041 | -5% |
|
|
DA
4
Doliver Advisors
Houston,
Texas
| $295K | -$12.5K | -983 | -4% |
|
|
5
UBS Group
Zurich,
Switzerland
| $101K | +$70.6K | +5,545 | +261% |
|
|
6
Wells Fargo
San Francisco,
California
| $93K | +$1.29K | +101 | +1% |
|
|
7
Morgan Stanley
New York
| $45K | -$13.7K | -1,075 | -24% |
|
8
Bank of America
Charlotte,
North Carolina
| $35K | – | – | – |
|
|
WAM
9
Wolverine Asset Management
Chicago,
Illinois
| $28K | +$8.58K | +674 | +46% |
|
10
Creative Planning
Overland Park,
Kansas
| $11K | – | – | – |
|
11
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $5K | – | – | – |
|
|
IA
12
IFP Advisors
Tampa,
Florida
| $1K | +$1.27K | +100 | New |
|
EMI Hedge Fund Activity: Q4 2015 in Review
12 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Income Trust (EMI) for Q4 2015, worth a combined $4.11M — up 12% from $3.66M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new EMI positions and 0 closed out — a net gain of 1 holder — while 4 added to existing stakes and 4 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $238K. The largest seller was Point View Wealth Management, cutting an estimated $26K.
- 12 institutional investors held Eaton Vance Michigan Municipal Income Trust (EMI) as of Q4 2015, up from 11 in Q3 2015.
- Funds reported $4.11M of Eaton Vance Michigan Municipal Income Trust stock for Q4 2015, up 12% quarter-over-quarter.
- 1 fund opened new Eaton Vance Michigan Municipal Income Trust positions in Q4 2015 and 0 closed out, a net change of +1 holder.
- The largest Eaton Vance Michigan Municipal Income Trust buyer in Q4 2015 was Karpus Investment Management, an estimated $238K added.
- The largest Eaton Vance Michigan Municipal Income Trust seller in Q4 2015 was Point View Wealth Management, an estimated $26K sold.
Based on aggregated 13F filings for Q4 2015.