Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
32 hedge funds and large institutions have $18M invested in Nuveen Michigan Quality Municipal Income Fund in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 3 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
33% more capital invested
Capital invested by funds: $13.6M → $18M (+$4.42M)
3% more funds holding
Funds holding: 31 → 32 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$936K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$907K |
| 3 |
LPL Financial
San Diego,
California
|
+$847K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$723K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$430K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$123K |
| 2 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$37.2K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$28.7K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
-$21K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$20K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Wells Fargo
San Francisco,
California
| $100K | -$123K | -8,947 | -55% |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $78K | – | – | – |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| $75K | – | – | – |
|
29
Creative Planning
Overland Park,
Kansas
| $30K | – | – | – |
|
|
MBT
30
Monroe Bank & Trust
Monroe,
Michigan
| $25K | +$24.8K | +1,800 | New |
|
|
FNBT
31
FineMark National Bank & Trust
Fort Myers,
Florida
| $9K | – | – | – |
|
32
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $5K | +$5.25K | +381 | New |
|
|
WA
33
WFG Advisors
Dallas,
Texas
| – | -$21K | -1,540 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$20K | -1,500 | Closed |
|
35
Citigroup
New York
| – | -$3K | -207 | Closed |
|
NUM Hedge Fund Activity: Q4 2014 in Review
32 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q4 2014, worth a combined $18M — up 33% from $13.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NUM positions and 3 closed out — a net gain of 3 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $936K. The largest seller was Wells Fargo, cutting an estimated $123K.
- 32 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q4 2014, up from 31 in Q3 2014.
- Funds reported $18M of Nuveen Michigan Quality Municipal Income Fund stock for Q4 2014, up 33% quarter-over-quarter.
- 6 funds opened new Nuveen Michigan Quality Municipal Income Fund positions in Q4 2014 and 3 closed out, a net change of +3 holders.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q4 2014 was Morgan Stanley, an estimated $936K added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q4 2014 was Wells Fargo, an estimated $123K sold.
Based on aggregated 13F filings for Q4 2014.