Eaton Vance Michigan Municipal Bond Fund
MIW was delisted on the 14th of December, 2018.
6 hedge funds and large institutions have $569K invested in Eaton Vance Michigan Municipal Bond Fund in 2016 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
40% less funds holding
Funds holding: 10 → 6 (-4)
59% less capital invested
Capital invested by funds: $1.4M → $569K (-$829K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$10.4K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.54K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$419K |
| 2 |
Citigroup
New York
|
-$196K |
| 3 |
WRM
Westport Resources Management
Westport,
Connecticut
|
-$169K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$20K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$15 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Morgan Stanley
New York
| $244K | – | – | – |
|
|
2
LPL Financial
San Diego,
California
| $214K | +$10.4K | +678 | +5% |
|
3
Bank of America
Charlotte,
North Carolina
| $75K | – | – | – |
|
4
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $16K | – | – | – |
|
|
WRM
5
Westport Resources Management
Westport,
Connecticut
| $14K | -$169K | -10,969 | -92% |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $6K | +$1.54K | +100 | +30% |
|
|
MSL
7
Mackay Shields LLC
New York
| – | -$419K | -26,210 | Closed |
|
|
8
Citigroup
New York
| – | -$196K | -12,259 | Closed |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$20K | -1,264 | Closed |
|
|
10
Wells Fargo
San Francisco,
California
| – | -$15 | -1 | Closed |
|
MIW Hedge Fund Activity: Q3 2016 in Review
6 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Bond Fund (MIW) for Q3 2016, worth a combined $569K — down 59% from $1.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MIW and 0 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was LPL Financial, adding an estimated $10.4K. The largest seller was Mackay Shields LLC, exiting entirely with an estimated $419K sold.
- 6 institutional investors held Eaton Vance Michigan Municipal Bond Fund (MIW) as of Q3 2016, down from 10 in Q2 2016.
- Funds reported $569K of Eaton Vance Michigan Municipal Bond Fund stock for Q3 2016, down 59% quarter-over-quarter.
- 0 funds opened new Eaton Vance Michigan Municipal Bond Fund positions in Q3 2016 and 4 closed out, a net change of -4 holders.
- The largest Eaton Vance Michigan Municipal Bond Fund buyer in Q3 2016 was LPL Financial, an estimated $10.4K added.
- The largest Eaton Vance Michigan Municipal Bond Fund seller in Q3 2016 was Mackay Shields LLC, an estimated $419K sold.
Based on aggregated 13F filings for Q3 2016.