Eaton Vance Michigan Municipal Bond Fund
MIW was delisted on the 14th of December, 2018.
9 hedge funds and large institutions have $741K invested in Eaton Vance Michigan Municipal Bond Fund in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
13% more funds holding
Funds holding: 8 → 9 (+1)
5% less capital invested
Capital invested by funds: $779K → $741K (-$38.4K)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$148K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$10.9K |
| 3 |
LPL Financial
San Diego,
California
|
+$1.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$133K |
| 2 |
Morgan Stanley
New York
|
-$43.7K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$28.8K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
-$13.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.38K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KIM
1
Karpus Investment Management
Pittsford,
New York
| $215K | -$28.8K | -2,110 | -12% |
|
|
2
Morgan Stanley
New York
| $149K | -$43.7K | -3,204 | -23% |
|
|
CAN
3
Cetera Advisor Networks
El Segundo,
California
| $147K | +$148K | +10,833 | New |
|
|
4
LPL Financial
San Diego,
California
| $144K | +$1.1K | +81 | +0.8% |
|
|
WAM
5
Wolverine Asset Management
Chicago,
Illinois
| $38K | -$133K | -9,743 | -77% |
|
|
6
UBS Group
Zurich,
Switzerland
| $23K | -$3.38K | -248 | -13% |
|
7
Bank of America
Charlotte,
North Carolina
| $14K | – | – | – |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $11K | +$10.9K | +797 | New |
|
|
NPC
9
National Planning Corporation
El Segundo,
California
| – | -$13.4K | -1,000 | Closed |
|
MIW Hedge Fund Activity: Q1 2015 in Review
9 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Bond Fund (MIW) for Q1 2015, worth a combined $741K — down 4.9% from $779K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new MIW positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 4 trimmed.
The largest buyer was Cetera Advisor Networks, opening a new position worth an estimated $148K. The largest seller was Wolverine Asset Management, cutting an estimated $133K.
- 9 institutional investors held Eaton Vance Michigan Municipal Bond Fund (MIW) as of Q1 2015, up from 8 in Q4 2014.
- Funds reported $741K of Eaton Vance Michigan Municipal Bond Fund stock for Q1 2015, down 4.9% quarter-over-quarter.
- 2 funds opened new Eaton Vance Michigan Municipal Bond Fund positions in Q1 2015 and 1 closed out, a net change of +1 holder.
- The largest Eaton Vance Michigan Municipal Bond Fund buyer in Q1 2015 was Cetera Advisor Networks, an estimated $148K added.
- The largest Eaton Vance Michigan Municipal Bond Fund seller in Q1 2015 was Wolverine Asset Management, an estimated $133K sold.
Based on aggregated 13F filings for Q1 2015.