Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
31 hedge funds and large institutions have $13.6M invested in Nuveen Michigan Quality Municipal Income Fund in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
24% more funds holding
Funds holding: 25 → 31 (+6)
20% more capital invested
Capital invested by funds: $11.3M → $13.6M (+$2.26M)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$1.67M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$738K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$230K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$216K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$212K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$261K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$218K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$136K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$120K |
| 5 |
MBT
Monroe Bank & Trust
Monroe,
Michigan
|
-$26K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $75K | +$77.2K | +5,515 | New |
|
27
Creative Planning
Overland Park,
Kansas
| $30K | – | – | – |
|
|
WA
28
WFG Advisors
Dallas,
Texas
| $21K | +$336 | +24 | +2% |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $20K | +$21K | +1,500 | New |
|
|
FNBT
30
FineMark National Bank & Trust
Fort Myers,
Florida
| $9K | – | – | – |
|
31
Citigroup
New York
| $3K | +$28 | +2 | +1% |
|
|
GSC
32
Ground Swell Capital
Folly Beach,
South Carolina
| $2K | -$1.02K | -73 | -30% |
|
|
RIA
33
Regal Investment Advisors
Kentwood,
Michigan
| – | -$261K | -18,054 | Closed |
|
|
MBT
34
Monroe Bank & Trust
Monroe,
Michigan
| – | -$26K | -1,800 | Closed |
|
|
PMFA
35
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$17K | -1,158 | Closed |
|
NUM Hedge Fund Activity: Q3 2014 in Review
31 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q3 2014, worth a combined $13.6M — up 20% from $11.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NUM positions and 3 closed out — a net gain of 6 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $1.67M. The largest seller was Regal Investment Advisors, exiting entirely with an estimated $261K sold.
- 31 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q3 2014, up from 25 in Q2 2014.
- Funds reported $13.6M of Nuveen Michigan Quality Municipal Income Fund stock for Q3 2014, up 20% quarter-over-quarter.
- 9 funds opened new Nuveen Michigan Quality Municipal Income Fund positions in Q3 2014 and 3 closed out, a net change of +6 holders.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q3 2014 was Mackay Shields LLC, an estimated $1.67M added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q3 2014 was Regal Investment Advisors, an estimated $261K sold.
Based on aggregated 13F filings for Q3 2014.