Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
39 hedge funds and large institutions have $21.9M invested in Nuveen Michigan Quality Municipal Income Fund in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
9% more capital invested
Capital invested by funds: $20.1M → $21.9M (+$1.84M)
8% more funds holding
Funds holding: 36 → 39 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$2.68M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$822K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$441K |
| 4 |
CB
Chemical Bank
Detroit,
Michigan
|
+$419K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$668K |
| 2 |
Morgan Stanley
New York
|
-$527K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$377K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$177K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$157K |
NUM Hedge Fund Activity: Q3 2016 in Review
39 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q3 2016, worth a combined $21.9M — up 9.1% from $20.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NUM positions and 2 closed out — a net gain of 3 holders — while 11 added to existing stakes and 10 trimmed.
The largest buyer was Mackay Shields LLC, adding an estimated $2.68M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $668K sold.
- 39 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q3 2016, up from 36 in Q2 2016.
- Funds reported $21.9M of Nuveen Michigan Quality Municipal Income Fund stock for Q3 2016, up 9.1% quarter-over-quarter.
- 5 funds opened new Nuveen Michigan Quality Municipal Income Fund positions in Q3 2016 and 2 closed out, a net change of +3 holders.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q3 2016 was Mackay Shields LLC, an estimated $2.68M added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q3 2016 was Karpus Investment Management, an estimated $668K sold.
Based on aggregated 13F filings for Q3 2016.