Nuveen Michigan Quality Municipal Income Fund
NUM
NUM was delisted on the 5th of February, 2021.
43 hedge funds and large institutions have $32.4M invested in Nuveen Michigan Quality Municipal Income Fund in 2018 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 7 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
3% more capital invested
Capital invested by funds: $31.5M → $32.4M (+$825K)
0.63% more ownership
Funds ownership: 11.98% → 12.6% (+0.63%)
12% less funds holding
Funds holding: 49 → 43 (-6)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$879K |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$760K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$355K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$141K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$277K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$207K |
| 3 |
CB
Chemical Bank
Detroit,
Michigan
|
-$101K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$91.3K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$70.7K |
NUM Hedge Fund Activity: Q3 2018 in Review
43 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Nuveen Michigan Quality Municipal Income Fund (NUM) for Q3 2018, worth a combined $32.4M — up 2.6% from $31.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NUM and 1 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was Wells Fargo, adding an estimated $879K. The largest seller was Doliver Advisors, exiting entirely with an estimated $277K sold.
- 43 institutional investors held Nuveen Michigan Quality Municipal Income Fund (NUM) as of Q3 2018, down from 49 in Q2 2018.
- Funds reported $32.4M of Nuveen Michigan Quality Municipal Income Fund stock for Q3 2018, up 2.6% quarter-over-quarter.
- 1 fund opened new Nuveen Michigan Quality Municipal Income Fund positions in Q3 2018 and 7 closed out, a net change of -6 holders.
- The largest Nuveen Michigan Quality Municipal Income Fund buyer in Q3 2018 was Wells Fargo, an estimated $879K added.
- The largest Nuveen Michigan Quality Municipal Income Fund seller in Q3 2018 was Doliver Advisors, an estimated $277K sold.
Based on aggregated 13F filings for Q3 2018.