Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
45 hedge funds and large institutions have $25.9M invested in Nuveen Michigan Quality Municipal Income Fund in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
23% more capital invested
Capital invested by funds: $21.1M → $25.9M (+$4.81M)
22% more funds holding
Funds holding: 37 → 45 (+8)
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.44M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$860K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$253K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$224K |
| 5 |
Squarepoint
New York
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$1.53M |
| 2 |
NPF
Norris Perne & French
Grand Rapids,
Michigan
|
-$264K |
| 3 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
-$150K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$79K |
| 5 |
SIA
Starfire Investment Advisers
Southfield,
Michigan
|
-$42.6K |
NUM Hedge Fund Activity: Q4 2015 in Review
45 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q4 2015, worth a combined $25.9M — up 23% from $21.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NUM positions and 2 closed out — a net gain of 9 holders — while 12 added to existing stakes and 10 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.44M. The largest seller was Mackay Shields LLC, cutting an estimated $1.53M.
- 45 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q4 2015, up from 37 in Q3 2015.
- Funds reported $25.9M of Nuveen Michigan Quality Municipal Income Fund stock for Q4 2015, up 23% quarter-over-quarter.
- 11 funds opened new Nuveen Michigan Quality Municipal Income Fund positions in Q4 2015 and 2 closed out, a net change of +9 holders.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q4 2015 was LPL Financial, an estimated $2.44M added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q4 2015 was Mackay Shields LLC, an estimated $1.53M sold.
Based on aggregated 13F filings for Q4 2015.