Eaton Vance Michigan Municipal Income Trust
EMI was delisted on the 14th of December, 2018.
16 hedge funds and large institutions have $6.29M invested in Eaton Vance Michigan Municipal Income Trust in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 3 closing their positions.
10% more capital invested
Capital invested by funds: $5.7M → $6.29M (+$595K)
0% more funds holding
Funds holding: 16 → 16 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$400K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$244K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$132K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$39K |
| 5 |
Morgan Stanley
New York
|
+$18.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$213K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$131K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$113K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$55.3K |
| 5 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$18.6K |
EMI Hedge Fund Activity: Q2 2018 in Review
16 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Income Trust (EMI) for Q2 2018, worth a combined $6.29M — up 10% from $5.7M a quarter earlier.
Fund positioning in EMI was balanced in Q2 2018: 3 funds opened new positions, 3 closed out, 4 added to existing stakes and 5 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $400K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $213K sold.
- 16 institutional investors held Eaton Vance Michigan Municipal Income Trust (EMI) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $6.29M of Eaton Vance Michigan Municipal Income Trust stock for Q2 2018, up 10% quarter-over-quarter.
- 3 funds opened new Eaton Vance Michigan Municipal Income Trust positions in Q2 2018 and 3 closed out, a net change of 0 holders.
- The largest Eaton Vance Michigan Municipal Income Trust buyer in Q2 2018 was Rivernorth Capital Management, an estimated $400K added.
- The largest Eaton Vance Michigan Municipal Income Trust seller in Q2 2018 was Curi RMB Capital, an estimated $213K sold.
Based on aggregated 13F filings for Q2 2018.