Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
29 hedge funds and large institutions have $9.89M invested in Nuveen Michigan Quality Municipal Income Fund in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
16% more funds holding
Funds holding: 25 → 29 (+4)
16% more capital invested
Capital invested by funds: $8.53M → $9.89M (+$1.36M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1SB
1ST Source Bank
South Bend,
Indiana
|
+$946K |
| 2 |
Goldman Sachs
New York
|
+$603K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$449K |
| 4 |
Morgan Stanley
New York
|
+$321K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$354K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$271K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$255K |
| 4 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$102K |
| 5 |
PMFA
Plante Moran Financial Advisors
Southfield,
Michigan
|
-$67K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $19K | +$5.36K | +420 | +41% |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $11K | -$37.4K | -2,930 | -77% |
|
|
RIA
28
Regal Investment Advisors
Kentwood,
Michigan
| $9K | -$102K | -7,973 | -92% |
|
|
FNBT
29
FineMark National Bank & Trust
Fort Myers,
Florida
| $8K | – | – | – |
|
|
WF
30
WealthTrust Fairport
Cleveland,
Ohio
| $1K | +$1.16K | +91 | New |
|
|
PMFA
31
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$67K | -4,870 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$1K | -50 | Closed |
|
NUM Hedge Fund Activity: Q3 2013 in Review
29 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q3 2013, worth a combined $9.89M — up 16% from $8.53M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NUM positions and 2 closed out — a net gain of 4 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was 1ST Source Bank, opening a new position worth an estimated $946K. The largest seller was TFS Capital, cutting an estimated $354K.
- 29 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q3 2013, up from 25 in Q2 2013.
- Funds reported $9.89M of Nuveen Michigan Quality Municipal Income Fund stock for Q3 2013, up 16% quarter-over-quarter.
- 6 funds opened new Nuveen Michigan Quality Municipal Income Fund positions in Q3 2013 and 2 closed out, a net change of +4 holders.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q3 2013 was 1ST Source Bank, an estimated $946K added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q3 2013 was TFS Capital, an estimated $354K sold.
Based on aggregated 13F filings for Q3 2013.