Nuveen Taxable Municipal Income Fund
NBB
69 hedge funds and large institutions have $148M invested in Nuveen Taxable Municipal Income Fund in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 14 closing their positions.
0.24% more ownership
Funds ownership: 26.09% → 26.33% (+0.24%)
0% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 20
5% less funds holding
Funds holding: 73 → 69 (-4)
11% less capital invested
Capital invested by funds: $166M → $148M (-$18.2M)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EBWM
Eagle Bluffs Wealth Management
Columbia,
Missouri
|
+$3.16M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.97M |
| 3 |
Morgan Stanley
New York
|
+$2.24M |
| 4 |
M&T Bank
Buffalo,
New York
|
+$1.37M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$3.36M |
| 2 |
AC
Amitell Capital
Singapore
|
-$2.12M |
| 3 |
V
Veritable
Wilmington,
Delaware
|
-$2.11M |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$1.19M |
| 5 |
GKWIM
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Millennium Management
New York
| – | -$468K | -20,631 | Closed |
|
|
CA
77
Cetera Advisors
Denver,
Colorado
| – | -$224K | -9,879 | Closed |
|
|
LCM
78
Landscape Capital Management
Englewood,
New Jersey
| – | -$213K | -9,366 | Closed |
|
79
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$211K | -9,310 | Closed |
|
|
LWAC
80
Laurel Wealth Advisors (California)
Solana Beach,
California
| – | -$208K | -9,147 | Closed |
|
|
RPCONE
81
Retirement Planning Company of New England
Warwick,
Rhode Island
| – | -$127K | -5,600 | Closed |
|
|
CFD
82
Creative Financial Designs
Kokomo,
Indiana
| – | -$57K | -2,500 | Closed |
|
|
SIAP
83
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
| – | -$25K | -1,092 | Closed |
|
|
CA
84
CoreCap Advisors
Southfield,
Michigan
| – | -$14K | -600 | Closed |
|
|
SCA
85
Snowden Capital Advisors
New York
| – | -$4K | -181 | Closed |
|
NBB Hedge Fund Activity: Q1 2022 in Review
69 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q1 2022, worth a combined $148M — down 11% from $166M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NBB and 12 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 20 added.
The largest buyer was Eagle Bluffs Wealth Management, opening a new position worth an estimated $3.16M. The largest seller was Coastal Bridge Advisors, exiting entirely with an estimated $3.36M sold.
- 69 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q1 2022, down from 73 in Q4 2021.
- Funds reported $148M of Nuveen Taxable Municipal Income Fund stock for Q1 2022, down 11% quarter-over-quarter.
- 12 funds opened new Nuveen Taxable Municipal Income Fund positions in Q1 2022 and 14 closed out, a net change of -2 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q1 2022 was Eagle Bluffs Wealth Management, an estimated $3.16M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q1 2022 was Coastal Bridge Advisors, an estimated $3.36M sold.
Based on aggregated 13F filings for Q1 2022.