Eaton Vance Michigan Municipal Income Trust
EMI was delisted on the 14th of December, 2018.
16 hedge funds and large institutions have $5.7M invested in Eaton Vance Michigan Municipal Income Trust in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
23% more funds holding
Funds holding: 13 → 16 (+3)
15% more capital invested
Capital invested by funds: $4.94M → $5.7M (+$757K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
+$520K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$223K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$218K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$92.6K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$90.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$140K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$53.1K |
| 3 |
BAM
Barrett Asset Management
New York
|
-$10K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.91K |
EMI Hedge Fund Activity: Q1 2018 in Review
16 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Income Trust (EMI) for Q1 2018, worth a combined $5.7M — up 15% from $4.94M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new EMI positions and 1 closed out — a net gain of 3 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Point View Wealth Management, opening a new position worth an estimated $520K. The largest seller was Morgan Stanley, cutting an estimated $140K.
- 16 institutional investors held Eaton Vance Michigan Municipal Income Trust (EMI) as of Q1 2018, up from 13 in Q4 2017.
- Funds reported $5.7M of Eaton Vance Michigan Municipal Income Trust stock for Q1 2018, up 15% quarter-over-quarter.
- 4 funds opened new Eaton Vance Michigan Municipal Income Trust positions in Q1 2018 and 1 closed out, a net change of +3 holders.
- The largest Eaton Vance Michigan Municipal Income Trust buyer in Q1 2018 was Point View Wealth Management, an estimated $520K added.
- The largest Eaton Vance Michigan Municipal Income Trust seller in Q1 2018 was Morgan Stanley, an estimated $140K sold.
Based on aggregated 13F filings for Q1 2018.