Eaton Vance Michigan Municipal Bond Fund
MIW was delisted on the 14th of December, 2018.
11 hedge funds and large institutions have $2.01M invested in Eaton Vance Michigan Municipal Bond Fund in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
55% more capital invested
Capital invested by funds: $1.3M → $2.01M (+$711K)
22% more funds holding
Funds holding: 9 → 11 (+2)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$527K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$167K |
| 3 |
Morgan Stanley
New York
|
+$39.7K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$19.2K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$8.41K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$87.5K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$994 |
| 4 |
Wells Fargo
San Francisco,
California
|
-$529 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
1
Rivernorth Capital Management
West Palm Beach,
Florida
| $540K | +$527K | +40,847 | New |
|
|
2
Morgan Stanley
New York
| $420K | +$39.7K | +3,072 | +11% |
|
|
MC
3
Matisse Capital
Portland,
Oregon
| $371K | -$87.5K | -6,773 | -19% |
|
4
Bank of America
Charlotte,
North Carolina
| $370K | +$2.58K | +200 | +0.7% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $171K | +$167K | +12,921 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $79K | -$994 | -77 | -1% |
|
|
SIA
7
Sit Investment Associates
Minneapolis,
Minnesota
| $20K | +$19.2K | +1,486 | New |
|
|
AWA
8
Acorn Wealth Advisors
Grand Blanc,
Michigan
| $14K | – | – | – |
|
|
AG
9
Advisor Group
Phoenix,
Arizona
| $13K | – | – | – |
|
|
WAM
10
Wolverine Asset Management
Chicago,
Illinois
| $8K | +$8.41K | +651 | New |
|
|
IA
11
IFP Advisors
Tampa,
Florida
| $4K | – | – | – |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$1K | -99 | Closed |
|
|
13
Wells Fargo
San Francisco,
California
| – | -$529 | -41 | Closed |
|
MIW Hedge Fund Activity: Q2 2018 in Review
11 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Michigan Municipal Bond Fund (MIW) for Q2 2018, worth a combined $2.01M — up 55% from $1.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MIW positions and 2 closed out — a net gain of 2 holders — while 2 added to existing stakes and 2 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $527K. The largest seller was Matisse Capital, cutting an estimated $87.5K.
- 11 institutional investors held Eaton Vance Michigan Municipal Bond Fund (MIW) as of Q2 2018, up from 9 in Q1 2018.
- Funds reported $2.01M of Eaton Vance Michigan Municipal Bond Fund stock for Q2 2018, up 55% quarter-over-quarter.
- 4 funds opened new Eaton Vance Michigan Municipal Bond Fund positions in Q2 2018 and 2 closed out, a net change of +2 holders.
- The largest Eaton Vance Michigan Municipal Bond Fund buyer in Q2 2018 was Rivernorth Capital Management, an estimated $527K added.
- The largest Eaton Vance Michigan Municipal Bond Fund seller in Q2 2018 was Matisse Capital, an estimated $87.5K sold.
Based on aggregated 13F filings for Q2 2018.