Eaton Vance Michigan Municipal Bond Fund
MIW was delisted on the 14th of December, 2018.
6 hedge funds and large institutions have $560K invested in Eaton Vance Michigan Municipal Bond Fund in 2015 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
24% less capital invested
Capital invested by funds: $741K → $560K (-$181K)
33% less funds holding
Funds holding: 9 → 6 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$55.1K |
| 2 |
LPL Financial
San Diego,
California
|
+$38.7K |
| 3 |
Morgan Stanley
New York
|
+$13.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$215K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$38K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$23K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5.47K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
LPL Financial
San Diego,
California
| $177K | +$38.7K | +2,812 | +27% |
|
|
2
Morgan Stanley
New York
| $163K | +$13.8K | +1,000 | +9% |
|
|
CAN
3
Cetera Advisor Networks
El Segundo,
California
| $147K | – | – | – |
|
|
4
Bank of America
Charlotte,
North Carolina
| $68K | +$55.1K | +4,000 | +400% |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $5K | -$5.47K | -397 | -50% |
|
|
KIM
6
Karpus Investment Management
Pittsford,
New York
| – | -$215K | -15,864 | Closed |
|
|
WAM
7
Wolverine Asset Management
Chicago,
Illinois
| – | -$38K | -2,870 | Closed |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$23K | -1,660 | Closed |
|
MIW Hedge Fund Activity: Q2 2015 in Review
6 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Bond Fund (MIW) for Q2 2015, worth a combined $560K — down 24% from $741K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MIW and 0 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Bank of America, adding an estimated $55.1K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $215K sold.
- 6 institutional investors held Eaton Vance Michigan Municipal Bond Fund (MIW) as of Q2 2015, down from 9 in Q1 2015.
- Funds reported $560K of Eaton Vance Michigan Municipal Bond Fund stock for Q2 2015, down 24% quarter-over-quarter.
- 0 funds opened new Eaton Vance Michigan Municipal Bond Fund positions in Q2 2015 and 3 closed out, a net change of -3 holders.
- The largest Eaton Vance Michigan Municipal Bond Fund buyer in Q2 2015 was Bank of America, an estimated $55.1K added.
- The largest Eaton Vance Michigan Municipal Bond Fund seller in Q2 2015 was Karpus Investment Management, an estimated $215K sold.
Based on aggregated 13F filings for Q2 2015.