Eaton Vance Michigan Municipal Bond Fund
MIW was delisted on the 14th of December, 2018.
6 hedge funds and large institutions have $728K invested in Eaton Vance Michigan Municipal Bond Fund in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 0 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
28% more capital invested
Capital invested by funds: $569K → $728K (+$159K)
0% more funds holding
Funds holding: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$129K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$93.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$20.8K |
| 4 |
LPL Financial
San Diego,
California
|
+$11K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.54K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$16K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $342K | +$129K | +9,317 | +58% |
|
|
2
LPL Financial
San Diego,
California
| $204K | +$11K | +791 | +6% |
|
|
WAM
3
Wolverine Asset Management
Chicago,
Illinois
| $90K | +$93.9K | +6,779 | New |
|
|
4
Bank of America
Charlotte,
North Carolina
| $72K | +$5.54K | +400 | +8% |
|
|
5
UBS Group
Zurich,
Switzerland
| $20K | +$20.8K | +1,500 | New |
|
|
6
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$16K | -1,000 | Closed |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| – | -$6K | -428 | Closed |
|
8
Wells Fargo
San Francisco,
California
| – | +$14 | +1 | New |
|
MIW Hedge Fund Activity: Q4 2016 in Review
6 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Bond Fund (MIW) for Q4 2016, worth a combined $728K — up 28% from $569K a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MIW positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 0 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $129K. The largest seller was PNC Financial Services Group, exiting entirely with an estimated $16K sold.
- 6 institutional investors held Eaton Vance Michigan Municipal Bond Fund (MIW) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $728K of Eaton Vance Michigan Municipal Bond Fund stock for Q4 2016, up 28% quarter-over-quarter.
- 3 funds opened new Eaton Vance Michigan Municipal Bond Fund positions in Q4 2016 and 2 closed out, a net change of +1 holder.
- The largest Eaton Vance Michigan Municipal Bond Fund buyer in Q4 2016 was Morgan Stanley, an estimated $129K added.
- The largest Eaton Vance Michigan Municipal Bond Fund seller in Q4 2016 was PNC Financial Services Group, an estimated $16K sold.
Based on aggregated 13F filings for Q4 2016.