Eaton Vance Michigan Municipal Bond Fund
MIW was delisted on the 14th of December, 2018.
10 hedge funds and large institutions have $1.4M invested in Eaton Vance Michigan Municipal Bond Fund in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
11% more funds holding
Funds holding: 9 → 10 (+1)
6% more capital invested
Capital invested by funds: $1.31M → $1.4M (+$85K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$403K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$19.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$209K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$163K |
| 3 |
WRM
Westport Resources Management
Westport,
Connecticut
|
-$56.5K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.14K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSL
1
Mackay Shields LLC
New York
| $419K | +$403K | +26,210 | New |
|
2
Morgan Stanley
New York
| $258K | – | – | – |
|
|
3
LPL Financial
San Diego,
California
| $215K | -$209K | -13,613 | -50% |
|
4
Citigroup
New York
| $196K | – | – | – |
|
|
WRM
5
Westport Resources Management
Westport,
Connecticut
| $189K | -$56.5K | -3,677 | -24% |
|
6
Bank of America
Charlotte,
North Carolina
| $80K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $20K | +$19.4K | +1,264 | New |
|
8
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $16K | – | – | – |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $5K | -$1.14K | -74 | -18% |
|
|
WAM
10
Wolverine Asset Management
Chicago,
Illinois
| – | -$163K | -11,167 | Closed |
|
MIW Hedge Fund Activity: Q2 2016 in Review
10 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Bond Fund (MIW) for Q2 2016, worth a combined $1.4M — up 6.5% from $1.31M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new MIW positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 3 trimmed.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $403K. The largest seller was LPL Financial, cutting an estimated $209K.
- 10 institutional investors held Eaton Vance Michigan Municipal Bond Fund (MIW) as of Q2 2016, up from 9 in Q1 2016.
- Funds reported $1.4M of Eaton Vance Michigan Municipal Bond Fund stock for Q2 2016, up 6.5% quarter-over-quarter.
- 2 funds opened new Eaton Vance Michigan Municipal Bond Fund positions in Q2 2016 and 1 closed out, a net change of +1 holder.
- The largest Eaton Vance Michigan Municipal Bond Fund buyer in Q2 2016 was Mackay Shields LLC, an estimated $403K added.
- The largest Eaton Vance Michigan Municipal Bond Fund seller in Q2 2016 was LPL Financial, an estimated $209K sold.
Based on aggregated 13F filings for Q2 2016.