Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
34 hedge funds and large institutions have $21.3M invested in Nuveen Michigan Quality Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 5 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
19% more capital invested
Capital invested by funds: $18M → $21.3M (+$3.34M)
6% more funds holding
Funds holding: 32 → 34 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$2.02M |
| 2 |
LPL Financial
San Diego,
California
|
+$385K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$292K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$276K |
| 5 |
RTS
Round Table Services
Westfield,
New Jersey
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$717K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$637K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$381K |
| 4 |
Morgan Stanley
New York
|
-$192K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$189K |
NUM Hedge Fund Activity: Q1 2015 in Review
34 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q1 2015, worth a combined $21.3M — up 19% from $18M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NUM positions and 5 closed out — a net gain of 2 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Mackay Shields LLC, adding an estimated $2.02M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $717K sold.
- 34 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q1 2015, up from 32 in Q4 2014.
- Funds reported $21.3M of Nuveen Michigan Quality Municipal Income Fund stock for Q1 2015, up 19% quarter-over-quarter.
- 7 funds opened new Nuveen Michigan Quality Municipal Income Fund positions in Q1 2015 and 5 closed out, a net change of +2 holders.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q1 2015 was Mackay Shields LLC, an estimated $2.02M added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q1 2015 was Laurion Capital Management, an estimated $717K sold.
Based on aggregated 13F filings for Q1 2015.