Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
46 hedge funds and large institutions have $30.1M invested in Nuveen Michigan Quality Municipal Income Fund in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 7 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
19% more capital invested
Capital invested by funds: $25.2M → $30.1M (+$4.91M)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
2% less funds holding
Funds holding: 47 → 46 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.21M |
| 2 |
SIA
Starfire Investment Advisers
Southfield,
Michigan
|
+$1.08M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$942K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$875K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$733K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$308K |
| 2 |
LPL Financial
San Diego,
California
|
-$247K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$168K |
| 4 |
SI
SII Investments
Appleton,
Wisconsin
|
-$160K |
| 5 |
VF
Virtu Financial
New York
|
-$148K |
NUM Hedge Fund Activity: Q4 2017 in Review
46 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q4 2017, worth a combined $30.1M — up 19% from $25.2M a quarter earlier.
Fund positioning in NUM was balanced in Q4 2017: 7 funds opened new positions, 7 closed out, 17 added to existing stakes and 8 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.21M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $308K sold.
- 46 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q4 2017, down from 47 in Q3 2017.
- Funds reported $30.1M of Nuveen Michigan Quality Municipal Income Fund stock for Q4 2017, up 19% quarter-over-quarter.
- 7 funds opened new Nuveen Michigan Quality Municipal Income Fund positions in Q4 2017 and 7 closed out, a net change of 0 holders.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q4 2017 was Wells Fargo, an estimated $1.21M added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q4 2017 was Laurion Capital Management, an estimated $308K sold.
Based on aggregated 13F filings for Q4 2017.