Nuveen Taxable Municipal Income Fund
NBB
44 hedge funds and large institutions have $113M invested in Nuveen Taxable Municipal Income Fund in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
22% more funds holding
Funds holding: 36 → 44 (+8)
3% more capital invested
Capital invested by funds: $109M → $113M (+$3.29M)
0.12% more ownership
Funds ownership: 21.03% → 21.14% (+0.12%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.67M |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
+$3.51M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.56M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.17M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$835K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.46M |
| 2 |
OHA
Oak Hill Advisors
New York
|
-$3.03M |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$2.82M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$889K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$826K |
NBB Hedge Fund Activity: Q4 2015 in Review
44 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q4 2015, worth a combined $113M — up 3% from $109M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NBB positions and 2 closed out — a net gain of 8 holders — while 13 added to existing stakes and 16 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.67M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.46M.
- 44 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q4 2015, up from 36 in Q3 2015.
- Funds reported $113M of Nuveen Taxable Municipal Income Fund stock for Q4 2015, up 3% quarter-over-quarter.
- 10 funds opened new Nuveen Taxable Municipal Income Fund positions in Q4 2015 and 2 closed out, a net change of +8 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q4 2015 was LPL Financial, an estimated $3.67M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q4 2015 was Rivernorth Capital Management, an estimated $5.46M sold.
Based on aggregated 13F filings for Q4 2015.