Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
45 hedge funds and large institutions have $30M invested in Nuveen Michigan Quality Municipal Income Fund in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 4 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
0.49% more ownership
Funds ownership: 10.9% → 11.39% (+0.49%)
0% less capital invested
Capital invested by funds: $30.1M → $30M (-$51K)
2% less funds holding
Funds holding: 46 → 45 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$2.07M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$621K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$523K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$221K |
| 5 |
LPL Financial
San Diego,
California
|
+$153K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Starfire Investment Advisers
Southfield,
Michigan
|
-$1.06M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$779K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$440K |
| 4 |
DPI
Diversified Portfolios Inc
Bloomfield Hills,
Michigan
|
-$159K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$147K |
NUM Hedge Fund Activity: Q1 2018 in Review
45 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q1 2018, worth a combined $30M — down 0.17% from $30.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NUM and 3 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 17 added.
The largest buyer was Fiera Capital (Canada), adding an estimated $2.07M. The largest seller was Starfire Investment Advisers, exiting entirely with an estimated $1.06M sold.
- 45 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q1 2018, down from 46 in Q4 2017.
- Funds reported $30M of Nuveen Michigan Quality Municipal Income Fund stock for Q1 2018, down 0.17% quarter-over-quarter.
- 3 funds opened new Nuveen Michigan Quality Municipal Income Fund positions in Q1 2018 and 4 closed out, a net change of -1 holder.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q1 2018 was Fiera Capital (Canada), an estimated $2.07M added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q1 2018 was Starfire Investment Advisers, an estimated $1.06M sold.
Based on aggregated 13F filings for Q1 2018.