Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
37 hedge funds and large institutions have $21.1M invested in Nuveen Michigan Quality Municipal Income Fund in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
3% more funds holding
Funds holding: 36 → 37 (+1)
4% more capital invested
Capital invested by funds: $20.4M → $21.1M (+$750K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$658K |
| 2 |
LCM
Laurion Capital Management
New York
|
+$420K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$266K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$240K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$240K |
| 2 |
Morgan Stanley
New York
|
-$203K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$182K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$164K |
| 5 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
-$86K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
26
Planning Alternatives
Birmingham,
Michigan
| $154K | – | – | – |
|
27
Fifth Third Bancorp
Cincinnati,
Ohio
| $114K | – | – | – |
|
|
AIG
28
American International Group
New York
| $100K | +$4.71K | +356 | +5% |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $83K | – | – | – |
|
30
UBS Group
Zurich,
Switzerland
| $76K | +$21.1K | +1,598 | +38% |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| $72K | – | – | – |
|
|
AWS
32
Aris Wealth Services
State College,
Pennsylvania
| $52K | – | – | – |
|
33
US Bancorp
Minneapolis,
Minnesota
| $46K | – | – | – |
|
34
Creative Planning
Overland Park,
Kansas
| $33K | +$32.6K | +2,468 | New |
|
|
MBT
35
Monroe Bank & Trust
Monroe,
Michigan
| $24K | – | – | – |
|
|
FNBT
36
FineMark National Bank & Trust
Fort Myers,
Florida
| $9K | – | – | – |
|
37
Citigroup
New York
| $5K | +$4.1K | +310 | +383% |
|
|
PAM
38
Panagora Asset Management
Boston,
Massachusetts
| – | -$240K | -18,093 | Closed |
|
|
VKH
39
Virtu KCG Holdings
New York
| – | -$182K | -13,767 | Closed |
|
|
DA
40
Doliver Advisors
Houston,
Texas
| – | -$164K | -12,400 | Closed |
|
NUM Hedge Fund Activity: Q3 2015 in Review
37 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q3 2015, worth a combined $21.1M — up 3.7% from $20.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NUM positions and 3 closed out — a net gain of 1 holder — while 10 added to existing stakes and 8 trimmed.
The largest buyer was Financial & Investment Management Group, adding an estimated $658K. The largest seller was Panagora Asset Management, exiting entirely with an estimated $240K sold.
- 37 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q3 2015, up from 36 in Q2 2015.
- Funds reported $21.1M of Nuveen Michigan Quality Municipal Income Fund stock for Q3 2015, up 3.7% quarter-over-quarter.
- 4 funds opened new Nuveen Michigan Quality Municipal Income Fund positions in Q3 2015 and 3 closed out, a net change of +1 holder.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q3 2015 was Financial & Investment Management Group, an estimated $658K added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q3 2015 was Panagora Asset Management, an estimated $240K sold.
Based on aggregated 13F filings for Q3 2015.