Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
43 hedge funds and large institutions have $21.9M invested in Nuveen Michigan Quality Municipal Income Fund in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
10% more funds holding
Funds holding: 39 → 43 (+4)
0% less capital invested
Capital invested by funds: $21.9M → $21.9M (-$15.4K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.31M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$746K |
| 3 |
LCM
Laurion Capital Management
New York
|
+$516K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$407K |
| 5 |
SG Americas Securities
New York
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.06M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$356K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$254K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$96K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$54.9K |
NUM Hedge Fund Activity: Q4 2016 in Review
43 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q4 2016, worth a combined $21.9M — down 0.07% from $21.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NUM positions and 2 closed out — a net gain of 5 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.31M. The largest seller was Pointe Capital Management, cutting an estimated $1.06M.
- 43 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q4 2016, up from 39 in Q3 2016.
- Funds reported $21.9M of Nuveen Michigan Quality Municipal Income Fund stock for Q4 2016, down 0.07% quarter-over-quarter.
- 7 funds opened new Nuveen Michigan Quality Municipal Income Fund positions in Q4 2016 and 2 closed out, a net change of +5 holders.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q4 2016 was Wells Fargo, an estimated $1.31M added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q4 2016 was Pointe Capital Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q4 2016.