Eaton Vance Michigan Municipal Bond Fund
MIW was delisted on the 14th of December, 2018.
7 hedge funds and large institutions have $1.12M invested in Eaton Vance Michigan Municipal Bond Fund in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 2 closing their positions.
99% more capital invested
Capital invested by funds: $560K → $1.12M (+$556K)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
17% more funds holding
Funds holding: 6 → 7 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$649K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$60.9K |
| 3 |
Morgan Stanley
New York
|
+$16.1K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$13.4K |
| 5 |
LPL Financial
San Diego,
California
|
+$630 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$147K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citigroup
New York
| $630K | +$649K | +48,422 | New |
|
|
2
LPL Financial
San Diego,
California
| $176K | +$630 | +47 | +0.4% |
|
|
3
Morgan Stanley
New York
| $172K | +$16.1K | +1,200 | +10% |
|
4
Bank of America
Charlotte,
North Carolina
| $65K | – | – | – |
|
|
WAM
5
Wolverine Asset Management
Chicago,
Illinois
| $59K | +$60.9K | +4,549 | New |
|
|
6
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $14K | +$13.4K | +1,000 | New |
|
|
CAN
7
Cetera Advisor Networks
El Segundo,
California
| – | -$147K | -10,833 | Closed |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| – | -$5K | -400 | Closed |
|
MIW Hedge Fund Activity: Q3 2015 in Review
7 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Bond Fund (MIW) for Q3 2015, worth a combined $1.12M — up 99% from $560K a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MIW positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 0 trimmed.
The largest buyer was Citigroup, opening a new position worth an estimated $649K. The largest seller was Cetera Advisor Networks, exiting entirely with an estimated $147K sold.
- 7 institutional investors held Eaton Vance Michigan Municipal Bond Fund (MIW) as of Q3 2015, up from 6 in Q2 2015.
- Funds reported $1.12M of Eaton Vance Michigan Municipal Bond Fund stock for Q3 2015, up 99% quarter-over-quarter.
- 3 funds opened new Eaton Vance Michigan Municipal Bond Fund positions in Q3 2015 and 2 closed out, a net change of +1 holder.
- The largest Eaton Vance Michigan Municipal Bond Fund buyer in Q3 2015 was Citigroup, an estimated $649K added.
- The largest Eaton Vance Michigan Municipal Bond Fund seller in Q3 2015 was Cetera Advisor Networks, an estimated $147K sold.
Based on aggregated 13F filings for Q3 2015.