Eaton Vance Michigan Municipal Income Trust
EMI was delisted on the 14th of December, 2018.
13 hedge funds and large institutions have $4.94M invested in Eaton Vance Michigan Municipal Income Trust in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
12% more capital invested
Capital invested by funds: $4.4M → $4.94M (+$540K)
7% less funds holding
Funds holding: 14 → 13 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$988K |
| 2 |
Morgan Stanley
New York
|
+$326K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$165K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$19.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$10.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$581K |
| 2 |
NGA
Naples Global Advisors
Naples,
Florida
|
-$166K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$63K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$19.6K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$15.7K |
EMI Hedge Fund Activity: Q4 2017 in Review
13 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Income Trust (EMI) for Q4 2017, worth a combined $4.94M — up 12% from $4.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of EMI and 3 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 4 added.
The largest buyer was Matisse Capital, opening a new position worth an estimated $988K. The largest seller was Point View Wealth Management, exiting entirely with an estimated $581K sold.
- 13 institutional investors held Eaton Vance Michigan Municipal Income Trust (EMI) as of Q4 2017, down from 14 in Q3 2017.
- Funds reported $4.94M of Eaton Vance Michigan Municipal Income Trust stock for Q4 2017, up 12% quarter-over-quarter.
- 3 funds opened new Eaton Vance Michigan Municipal Income Trust positions in Q4 2017 and 4 closed out, a net change of -1 holder.
- The largest Eaton Vance Michigan Municipal Income Trust buyer in Q4 2017 was Matisse Capital, an estimated $988K added.
- The largest Eaton Vance Michigan Municipal Income Trust seller in Q4 2017 was Point View Wealth Management, an estimated $581K sold.
Based on aggregated 13F filings for Q4 2017.