Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
49 hedge funds and large institutions have $31.5M invested in Nuveen Michigan Quality Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
9% more funds holding
Funds holding: 45 → 49 (+4)
5% more capital invested
Capital invested by funds: $30M → $31.5M (+$1.5M)
0.59% more ownership
Funds ownership: 11.39% → 11.98% (+0.59%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.36M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$434K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$309K |
| 4 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$307K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
-$744K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$359K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$75.2K |
| 4 |
Morgan Stanley
New York
|
-$69.4K |
| 5 |
LPL Financial
San Diego,
California
|
-$41.7K |
NUM Hedge Fund Activity: Q2 2018 in Review
49 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q2 2018, worth a combined $31.5M — up 5% from $30M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NUM positions and 2 closed out — a net gain of 4 holders — while 14 added to existing stakes and 11 trimmed.
The largest buyer was Fiera Capital (Canada), adding an estimated $1.36M. The largest seller was Geode Capital Management, exiting entirely with an estimated $744K sold.
- 49 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q2 2018, up from 45 in Q1 2018.
- Funds reported $31.5M of Nuveen Michigan Quality Municipal Income Fund stock for Q2 2018, up 5% quarter-over-quarter.
- 6 funds opened new Nuveen Michigan Quality Municipal Income Fund positions in Q2 2018 and 2 closed out, a net change of +4 holders.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q2 2018 was Fiera Capital (Canada), an estimated $1.36M added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q2 2018 was Geode Capital Management, an estimated $744K sold.
Based on aggregated 13F filings for Q2 2018.