Nuveen Taxable Municipal Income Fund
NBB
79 hedge funds and large institutions have $200M invested in Nuveen Taxable Municipal Income Fund in 2025 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
3% less capital invested
Capital invested by funds: $207M → $200M (-$7.11M)
1.78% less ownership
Funds ownership: 44% → 42.22% (-1.8%)
2% less funds holding
Funds holding: 81 → 79 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.65M |
| 2 |
Morgan Stanley
New York
|
+$1.64M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$610K |
| 4 |
SWP
Sagespring Wealth Partners
Franklin,
Tennessee
|
+$549K |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$521K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$7.02M |
| 2 |
LSIA
LaSalle St. Investment Advisors
Elmhurst,
Illinois
|
-$5.57M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.75M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
-$512K |
| 5 |
AWS
Atria Wealth Solutions
New York
|
-$457K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
76
Harbour Investments
Madison,
Wisconsin
| $7.91K | – | – | – |
|
|
CT
77
Caldwell Trust
Venice,
Florida
| $4.62K | – | – | – |
|
|
KTC
78
Kentucky Trust Company
Danville,
Kentucky
| $3.13K | – | – | – |
|
|
PA
79
Parallel Advisors
San Francisco,
California
| $1.16K | +$1.13K | +73 | New |
|
|
BHWM
80
Beaird Harris Wealth Management
Dallas,
Texas
| $48 | – | – | – |
|
|
LSIA
81
LaSalle St. Investment Advisors
Elmhurst,
Illinois
| – | -$5.57M | -347,415 | Closed |
|
|
82
Calamos Advisors
Naperville,
Illinois
| – | -$512K | -31,935 | Closed |
|
|
AWS
83
Atria Wealth Solutions
New York
| – | -$457K | -28,367 | Closed |
|
|
DAS
84
Dynamic Advisor Solutions
Phoenix,
Arizona
| – | -$236K | -14,758 | Closed |
|
|
GJIA
85
Glass Jacobson Investment Advisors
Owings Mills,
Maryland
| – | -$9.74K | -650 | Closed |
|
|
RCA
86
Runnymede Capital Advisors
Dublin,
Ohio
| – | -$1.65K | -103 | Closed |
|
|
TIM
87
Tortoise Investment Management
White Plains,
New York
| – | -$993 | -62 | Closed |
|
|
MFA
88
McClarren Financial Advisors
State College,
Pennsylvania
| – | -$7K | -16 | Closed |
|
NBB Hedge Fund Activity: Q2 2025 in Review
79 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q2 2025, worth a combined $200M — down 3.4% from $207M a quarter earlier.
Fund positioning in NBB was balanced in Q2 2025: 8 funds opened new positions, 8 closed out, 26 added to existing stakes and 18 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.65M. The largest seller was Osaic Holdings, cutting an estimated $7.02M.
- 79 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q2 2025, down from 81 in Q1 2025.
- Funds reported $200M of Nuveen Taxable Municipal Income Fund stock for Q2 2025, down 3.4% quarter-over-quarter.
- 8 funds opened new Nuveen Taxable Municipal Income Fund positions in Q2 2025 and 8 closed out, a net change of 0 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q2 2025 was Wells Fargo, an estimated $3.65M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q2 2025 was Osaic Holdings, an estimated $7.02M sold.
Based on aggregated 13F filings for Q2 2025.