Eaton Vance Michigan Municipal Income Trust
EMI was delisted on the 14th of December, 2018.
12 hedge funds and large institutions have $4.29M invested in Eaton Vance Michigan Municipal Income Trust in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 1 closing their positions.
0% more capital invested
Capital invested by funds: $4.28M → $4.29M (+$11K)
0% more funds holding
Funds holding: 12 → 12 (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: 4 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$49.4K |
| 2 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
+$25.8K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.5K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.41K |
| 5 |
Morgan Stanley
New York
|
+$706 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$134K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$50K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$43.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$27.8K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$14.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KIM
1
Karpus Investment Management
Pittsford,
New York
| $1.65M | -$134K | -9,516 | -8% |
|
|
FIMG
2
Financial & Investment Management Group
Traverse City,
Michigan
| $1.52M | -$43.8K | -3,100 | -3% |
|
|
PVWM
3
Point View Wealth Management
Summit,
New Jersey
| $523K | +$25.8K | +1,825 | +5% |
|
|
DA
4
Doliver Advisors
Houston,
Texas
| $291K | -$14.1K | -1,001 | -5% |
|
|
5
Wells Fargo
San Francisco,
California
| $152K | +$49.4K | +3,500 | +50% |
|
|
6
Morgan Stanley
New York
| $67K | +$706 | +50 | +1% |
|
7
Bank of America
Charlotte,
North Carolina
| $39K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| $26K | -$27.8K | -1,967 | -52% |
|
9
Creative Planning
Overland Park,
Kansas
| $13K | – | – | – |
|
10
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6K | – | – | – |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| $4K | +$3.5K | +248 | +468% |
|
|
IA
12
IFP Advisors
Tampa,
Florida
| $1K | +$1.41K | +100 | New |
|
|
WAM
13
Wolverine Asset Management
Chicago,
Illinois
| – | -$50K | -3,686 | Closed |
|
EMI Hedge Fund Activity: Q2 2016 in Review
12 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Income Trust (EMI) for Q2 2016, worth a combined $4.29M — up 0.26% from $4.28M a quarter earlier.
Fund positioning in EMI was balanced in Q2 2016: 1 fund opened new positions, 1 closed out, 4 added to existing stakes and 4 trimmed.
The largest buyer was Wells Fargo, adding an estimated $49.4K. The largest seller was Karpus Investment Management, cutting an estimated $134K.
- 12 institutional investors held Eaton Vance Michigan Municipal Income Trust (EMI) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $4.29M of Eaton Vance Michigan Municipal Income Trust stock for Q2 2016, up 0.26% quarter-over-quarter.
- 1 fund opened new Eaton Vance Michigan Municipal Income Trust positions in Q2 2016 and 1 closed out, a net change of 0 holders.
- The largest Eaton Vance Michigan Municipal Income Trust buyer in Q2 2016 was Wells Fargo, an estimated $49.4K added.
- The largest Eaton Vance Michigan Municipal Income Trust seller in Q2 2016 was Karpus Investment Management, an estimated $134K sold.
Based on aggregated 13F filings for Q2 2016.