Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
42 hedge funds and large institutions have $25.2M invested in Nuveen Michigan Quality Municipal Income Fund in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 6 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 4
15% more capital invested
Capital invested by funds: $21.9M → $25.2M (+$3.32M)
1.2% more ownership
Funds ownership: 7.88% → 9.08% (+1.2%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
2% less funds holding
Funds holding: 43 → 42 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPIC
LeJeune Puetz Investment Counsel
Traverse City,
Michigan
|
+$961K |
| 2 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
+$791K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$732K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$539K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$501K |
| 2 |
SG Americas Securities
New York
|
-$249K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$196K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$157K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$90.9K |
NUM Hedge Fund Activity: Q1 2017 in Review
42 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q1 2017, worth a combined $25.2M — up 15% from $21.9M a quarter earlier.
Fund positioning in NUM was balanced in Q1 2017: 6 funds opened new positions, 6 closed out, 14 added to existing stakes and 4 trimmed.
The largest buyer was LeJeune Puetz Investment Counsel, opening a new position worth an estimated $961K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $501K sold.
- 42 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q1 2017, down from 43 in Q4 2016.
- Funds reported $25.2M of Nuveen Michigan Quality Municipal Income Fund stock for Q1 2017, up 15% quarter-over-quarter.
- 6 funds opened new Nuveen Michigan Quality Municipal Income Fund positions in Q1 2017 and 6 closed out, a net change of 0 holders.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q1 2017 was LeJeune Puetz Investment Counsel, an estimated $961K added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q1 2017 was Laurion Capital Management, an estimated $501K sold.
Based on aggregated 13F filings for Q1 2017.