Eaton Vance Michigan Municipal Income Trust
EMI was delisted on the 14th of December, 2018.
14 hedge funds and large institutions have $4.35M invested in Eaton Vance Michigan Municipal Income Trust in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 0 closing their positions.
8% more funds holding
Funds holding: 13 → 14 (+1)
6% more capital invested
Capital invested by funds: $4.09M → $4.35M (+$263K)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NGA
Naples Global Advisors
Naples,
Florida
|
+$165K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$117K |
| 3 |
Morgan Stanley
New York
|
+$74.5K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$22.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$98.2K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$32.9K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$21K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$11.5K |
| 5 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$4.91K |
EMI Hedge Fund Activity: Q1 2017 in Review
14 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Income Trust (EMI) for Q1 2017, worth a combined $4.35M — up 6.4% from $4.09M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new EMI positions and 0 closed out — a net gain of 1 holder — while 3 added to existing stakes and 6 trimmed.
The largest buyer was Naples Global Advisors, opening a new position worth an estimated $165K. The largest seller was Financial & Investment Management Group, cutting an estimated $98.2K.
- 14 institutional investors held Eaton Vance Michigan Municipal Income Trust (EMI) as of Q1 2017, up from 13 in Q4 2016.
- Funds reported $4.35M of Eaton Vance Michigan Municipal Income Trust stock for Q1 2017, up 6.4% quarter-over-quarter.
- 1 fund opened new Eaton Vance Michigan Municipal Income Trust positions in Q1 2017 and 0 closed out, a net change of +1 holder.
- The largest Eaton Vance Michigan Municipal Income Trust buyer in Q1 2017 was Naples Global Advisors, an estimated $165K added.
- The largest Eaton Vance Michigan Municipal Income Trust seller in Q1 2017 was Financial & Investment Management Group, an estimated $98.2K sold.
Based on aggregated 13F filings for Q1 2017.