Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
31 hedge funds and large institutions have $13.2M invested in Nuveen Michigan Quality Municipal Income Fund in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 3 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
34% more capital invested
Capital invested by funds: $9.89M → $13.2M (+$3.31M)
7% more funds holding
Funds holding: 29 → 31 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HS
HighVista Strategies
Boston,
Massachusetts
|
+$1.21M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.05M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$639K |
| 4 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$560K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$585K |
| 2 |
CA
Cumberland Advisors
Sarasota,
Florida
|
-$189K |
| 3 |
Comerica Bank
Dallas,
Texas
|
-$139K |
| 4 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$80.3K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$46.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $71K | – | – | – |
|
27
Citigroup
New York
| $29K | – | – | – |
|
28
Creative Planning
Overland Park,
Kansas
| $28K | – | – | – |
|
|
RIA
29
Regal Investment Advisors
Kentwood,
Michigan
| $23K | +$14.9K | +1,183 | +178% |
|
|
WA
30
WFG Advisors
Dallas,
Texas
| $18K | +$428 | +34 | +2% |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $11K | – | – | – |
|
|
FNBT
32
FineMark National Bank & Trust
Fort Myers,
Florida
| $8K | – | – | – |
|
|
CA
33
Cumberland Advisors
Sarasota,
Florida
| – | -$189K | -14,698 | Closed |
|
|
34
Comerica Bank
Dallas,
Texas
| – | -$139K | -10,831 | Closed |
|
|
WF
35
WealthTrust Fairport
Cleveland,
Ohio
| – | -$1K | -91 | Closed |
|
NUM Hedge Fund Activity: Q4 2013 in Review
31 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q4 2013, worth a combined $13.2M — up 34% from $9.89M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NUM positions and 3 closed out — a net gain of 2 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was HighVista Strategies, opening a new position worth an estimated $1.21M. The largest seller was 1ST Source Bank, cutting an estimated $585K.
- 31 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q4 2013, up from 29 in Q3 2013.
- Funds reported $13.2M of Nuveen Michigan Quality Municipal Income Fund stock for Q4 2013, up 34% quarter-over-quarter.
- 5 funds opened new Nuveen Michigan Quality Municipal Income Fund positions in Q4 2013 and 3 closed out, a net change of +2 holders.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q4 2013 was HighVista Strategies, an estimated $1.21M added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q4 2013 was 1ST Source Bank, an estimated $585K sold.
Based on aggregated 13F filings for Q4 2013.