Eaton Vance Michigan Municipal Bond Fund
MIW was delisted on the 14th of December, 2018.
7 hedge funds and large institutions have $1.23M invested in Eaton Vance Michigan Municipal Bond Fund in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 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
17% more funds holding
Funds holding: 6 → 7 (+1)
16% less capital invested
Capital invested by funds: $1.46M → $1.23M (-$233K)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$125K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
+$3.73K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$233 |
| 4 |
Wells Fargo
San Francisco,
California
|
+$14 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$204K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$158K |
| 3 |
Morgan Stanley
New York
|
-$28.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.74K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
1
Matisse Capital
Portland,
Oregon
| $695K | +$125K | +9,108 | +22% |
|
|
2
Morgan Stanley
New York
| $341K | -$28.8K | -2,099 | -8% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $94K | +$233 | +17 | +0.3% |
|
|
WAM
4
Wolverine Asset Management
Chicago,
Illinois
| $50K | -$158K | -11,532 | -76% |
|
|
5
UBS Group
Zurich,
Switzerland
| $44K | -$1.74K | -127 | -4% |
|
|
IA
6
IFP Advisors
Tampa,
Florida
| $4K | +$3.73K | +272 | New |
|
|
7
LPL Financial
San Diego,
California
| – | -$204K | -15,192 | Closed |
|
|
8
Wells Fargo
San Francisco,
California
| – | +$14 | +1 | New |
|
MIW Hedge Fund Activity: Q2 2017 in Review
7 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Bond Fund (MIW) for Q2 2017, worth a combined $1.23M — down 16% from $1.46M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new MIW positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Matisse Capital, adding an estimated $125K. The largest seller was LPL Financial, exiting entirely with an estimated $204K sold.
- 7 institutional investors held Eaton Vance Michigan Municipal Bond Fund (MIW) as of Q2 2017, up from 6 in Q1 2017.
- Funds reported $1.23M of Eaton Vance Michigan Municipal Bond Fund stock for Q2 2017, down 16% quarter-over-quarter.
- 2 funds opened new Eaton Vance Michigan Municipal Bond Fund positions in Q2 2017 and 1 closed out, a net change of +1 holder.
- The largest Eaton Vance Michigan Municipal Bond Fund buyer in Q2 2017 was Matisse Capital, an estimated $125K added.
- The largest Eaton Vance Michigan Municipal Bond Fund seller in Q2 2017 was LPL Financial, an estimated $204K sold.
Based on aggregated 13F filings for Q2 2017.