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Nuveen Taxable Municipal Income Fund

63 hedge funds and large institutions have $160M invested in Nuveen Taxable Municipal Income Fund in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 12 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 12

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

6% more capital invested

Capital invested by funds: $150M → $160M (+$9.62M)

3% more funds holding

Funds holding: 6163 (+2)

0.5% more ownership

Funds ownership: 25.61%26.11% (+0.5%)

Holders
63
Holders Change
+2
Holders Change %
+3.28%
% of All Funds
1.27%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
26
Reduced
12
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SWP
26
Stratos Wealth Partners
Ohio
$880K +$95.4K +4,262 +12%
PIA
27
Powell Investment Advisors
Florida
$731K
DAS
28
Dynamic Advisor Solutions
Arizona
$615K +$8.46K +378 +1%
BAM
29
Belpointe Asset Management
Nevada
$546K +$32K +1,432 +6%
VHAM
30
Van Hulzen Asset Management
California
$355K
BFG
31
Barber Financial Group
Kansas
$337K +$2.37K +106 +0.7%
OIA
32
Optimum Investment Advisors
Illinois
$331K -$29.1K -1,300 -8%
Commonwealth Equity Services
33
Commonwealth Equity Services
Massachusetts
$315K -$73.5K -3,283 -19%
BRWM
34
B. Riley Wealth Management
Tennessee
$300K +$49.4K +2,209 +20%
CA
35
Cetera Advisors
Colorado
$295K -$202K -9,023 -41%
BB
36
Busey Bank
Illinois
$280K
LWAC
37
Laurel Wealth Advisors (California)
California
$278K
HH
38
Hilltop Holdings
Texas
$275K -$15.6K -699 -5%
AAS
39
Avantax Advisory Services
Texas
$224K +$224K +10,000 New
HI
40
Hoey Investments
Pennsylvania
$224K +$224K +10,000 New
CAN
41
Cetera Advisor Networks
California
$222K -$9.04K -404 -4%
M&T Bank
42
M&T Bank
New York
$217K
Cambridge Investment Research Advisors
43
Cambridge Investment Research Advisors
Iowa
$204K -$27.8K -1,241 -12%
Northwestern Mutual Wealth Management
44
Northwestern Mutual Wealth Management
Wisconsin
$167K +$32.6K +1,459 +24%
Citigroup
45
Citigroup
New York
$111K
SPIA
46
Steward Partners Investment Advisory
New York
$105K
EP
47
Eudaimonia Partners
Tennessee
$90K
PFGIA
48
Patriot Financial Group Insurance Agency
Massachusetts
$86K +$134 +6 +0.2%
PFPT
49
Pinnacle Financial Partners (Tennessee)
Tennessee
$57K
CFD
50
Creative Financial Designs
Indiana
$56K +$11.2K +500 +25%

NBB Hedge Fund Activity: Q3 2020 in Review

63 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q3 2020, worth a combined $160M — up 6.4% from $150M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new NBB positions and 5 closed out — a net gain of 2 holders — while 26 added to existing stakes and 12 trimmed.

The largest buyer was Wells Fargo, adding an estimated $2M. The largest seller was Sit Investment Associates, cutting an estimated $2.03M.

  • 63 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q3 2020, up from 61 in Q2 2020.
  • Funds reported $160M of Nuveen Taxable Municipal Income Fund stock for Q3 2020, up 6.4% quarter-over-quarter.
  • 7 funds opened new Nuveen Taxable Municipal Income Fund positions in Q3 2020 and 5 closed out, a net change of +2 holders.
  • The largest Nuveen Taxable Municipal Income Fund buyer in Q3 2020 was Wells Fargo, an estimated $2M added.
  • The largest Nuveen Taxable Municipal Income Fund seller in Q3 2020 was Sit Investment Associates, an estimated $2.03M sold.

Based on aggregated 13F filings for Q3 2020.