Eaton Vance Michigan Municipal Income Trust
EMI was delisted on the 14th of December, 2018.
16 hedge funds and large institutions have $4.3M invested in Eaton Vance Michigan Municipal Income Trust in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 0 closing their positions.
33% more funds holding
Funds holding: 12 → 16 (+4)
0% more capital invested
Capital invested by funds: $4.29M → $4.3M (+$7K)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NGA
Naples Global Advisors
Naples,
Florida
|
+$221K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$115K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$50.1K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$11.5K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$179K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$87.8K |
| 3 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$35.3K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.66K |
| 5 |
Morgan Stanley
New York
|
-$717 |
EMI Hedge Fund Activity: Q3 2016 in Review
16 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Income Trust (EMI) for Q3 2016, worth a combined $4.3M — up 0.16% from $4.29M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new EMI positions and 0 closed out — a net gain of 4 holders — while 1 added to existing stakes and 5 trimmed.
The largest buyer was Naples Global Advisors, opening a new position worth an estimated $221K. The largest seller was Financial & Investment Management Group, cutting an estimated $179K.
- 16 institutional investors held Eaton Vance Michigan Municipal Income Trust (EMI) as of Q3 2016, up from 12 in Q2 2016.
- Funds reported $4.3M of Eaton Vance Michigan Municipal Income Trust stock for Q3 2016, up 0.16% quarter-over-quarter.
- 4 funds opened new Eaton Vance Michigan Municipal Income Trust positions in Q3 2016 and 0 closed out, a net change of +4 holders.
- The largest Eaton Vance Michigan Municipal Income Trust buyer in Q3 2016 was Naples Global Advisors, an estimated $221K added.
- The largest Eaton Vance Michigan Municipal Income Trust seller in Q3 2016 was Financial & Investment Management Group, an estimated $179K sold.
Based on aggregated 13F filings for Q3 2016.