Nuveen Taxable Municipal Income Fund
NBB
47 hedge funds and large institutions have $113M invested in Nuveen Taxable Municipal Income Fund in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 10 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 10
2% more capital invested
Capital invested by funds: $112M → $113M (+$1.68M)
0.16% more ownership
Funds ownership: 20.13% → 20.29% (+0.16%)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
2% less funds holding
Funds holding: 48 → 47 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$7.52M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.41M |
| 3 |
Morgan Stanley
New York
|
+$974K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$519K |
| 5 |
SG Americas Securities
New York
|
+$482K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$2.61M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.58M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$294K |
| 4 |
ST
Sabal Trust
St. Petersburg,
Florida
|
-$257K |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$240K |
NBB Hedge Fund Activity: Q2 2017 in Review
47 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q2 2017, worth a combined $113M — up 1.5% from $112M a quarter earlier.
Fund positioning in NBB was balanced in Q2 2017: 5 funds opened new positions, 5 closed out, 20 added to existing stakes and 10 trimmed.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $7.52M. The largest seller was First Foundation Advisors, cutting an estimated $2.61M.
- 47 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q2 2017, down from 48 in Q1 2017.
- Funds reported $113M of Nuveen Taxable Municipal Income Fund stock for Q2 2017, up 1.5% quarter-over-quarter.
- 5 funds opened new Nuveen Taxable Municipal Income Fund positions in Q2 2017 and 5 closed out, a net change of 0 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q2 2017 was Janus Henderson Group, an estimated $7.52M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q2 2017 was First Foundation Advisors, an estimated $2.61M sold.
Based on aggregated 13F filings for Q2 2017.