Eaton Vance Michigan Municipal Bond Fund
MIW was delisted on the 14th of December, 2018.
9 hedge funds and large institutions have $1.31M invested in Eaton Vance Michigan Municipal Bond Fund in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
18% more capital invested
Capital invested by funds: $1.11M → $1.31M (+$203K)
13% more funds holding
Funds holding: 8 → 9 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRM
Westport Resources Management
Westport,
Connecticut
|
+$220K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$39.3K |
| 3 |
LPL Financial
San Diego,
California
|
+$20.9K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.33K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$161K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
LPL Financial
San Diego,
California
| $413K | +$20.9K | +1,475 | +6% |
|
2
Morgan Stanley
New York
| $237K | – | – | – |
|
|
WRM
3
Westport Resources Management
Westport,
Connecticut
| $228K | +$220K | +15,565 | New |
|
|
4
Citigroup
New York
| $179K | -$161K | -11,400 | -48% |
|
|
WAM
5
Wolverine Asset Management
Chicago,
Illinois
| $163K | +$39.3K | +2,775 | +33% |
|
6
Bank of America
Charlotte,
North Carolina
| $73K | – | – | – |
|
7
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $14K | – | – | – |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $6K | +$4.33K | +306 | +319% |
|
MIW Hedge Fund Activity: Q1 2016 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 2016, worth a combined $1.31M — up 18% from $1.11M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new MIW positions and 0 closed out — a net gain of 1 holder — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Westport Resources Management, opening a new position worth an estimated $220K. The largest seller was Citigroup, cutting an estimated $161K.
- 9 institutional investors held Eaton Vance Michigan Municipal Bond Fund (MIW) as of Q1 2016, up from 8 in Q4 2015.
- Funds reported $1.31M of Eaton Vance Michigan Municipal Bond Fund stock for Q1 2016, up 18% quarter-over-quarter.
- 1 fund opened new Eaton Vance Michigan Municipal Bond Fund positions in Q1 2016 and 0 closed out, a net change of +1 holder.
- The largest Eaton Vance Michigan Municipal Bond Fund buyer in Q1 2016 was Westport Resources Management, an estimated $220K added.
- The largest Eaton Vance Michigan Municipal Bond Fund seller in Q1 2016 was Citigroup, an estimated $161K sold.
Based on aggregated 13F filings for Q1 2016.