Eaton Vance Michigan Municipal Income Trust
EMI was delisted on the 14th of December, 2018.
14 hedge funds and large institutions have $5.97M invested in Eaton Vance Michigan Municipal Income Trust in 2018 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 2 closing their positions.
5% less capital invested
Capital invested by funds: $6.29M → $5.97M (-$321K)
13% less funds holding
Funds holding: 16 → 14 (-2)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$74.7K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$55K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$116 |
| 4 |
Wells Fargo
San Francisco,
California
|
+$13 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$71.2K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$68.8K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$27.9K |
| 4 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$16.8K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$15.4K |
EMI Hedge Fund Activity: Q3 2018 in Review
14 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Income Trust (EMI) for Q3 2018, worth a combined $5.97M — down 5.1% from $6.29M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of EMI and 0 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Sit Investment Associates, adding an estimated $74.7K. The largest seller was Morgan Stanley, cutting an estimated $71.2K.
- 14 institutional investors held Eaton Vance Michigan Municipal Income Trust (EMI) as of Q3 2018, down from 16 in Q2 2018.
- Funds reported $5.97M of Eaton Vance Michigan Municipal Income Trust stock for Q3 2018, down 5.1% quarter-over-quarter.
- 0 funds opened new Eaton Vance Michigan Municipal Income Trust positions in Q3 2018 and 2 closed out, a net change of -2 holders.
- The largest Eaton Vance Michigan Municipal Income Trust buyer in Q3 2018 was Sit Investment Associates, an estimated $74.7K added.
- The largest Eaton Vance Michigan Municipal Income Trust seller in Q3 2018 was Morgan Stanley, an estimated $71.2K sold.
Based on aggregated 13F filings for Q3 2018.