Nuveen Taxable Municipal Income Fund
NBB
58 hedge funds and large institutions have $136M invested in Nuveen Taxable Municipal Income Fund in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 9 reducing their positions, and 6 closing their positions.
189% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 9
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
12% more funds holding
Funds holding: 52 → 58 (+6)
10% more capital invested
Capital invested by funds: $123M → $136M (+$12.7M)
1.77% more ownership
Funds ownership: 21.55% → 23.32% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$6.96M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.12M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.11M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.68M |
| 5 |
UR
USCA RIA
Houston,
Texas
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
-$6.91M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.44M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$436K |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$249K |
| 5 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$218K |
NBB Hedge Fund Activity: Q4 2017 in Review
58 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q4 2017, worth a combined $136M — up 10% from $123M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NBB positions and 6 closed out — a net gain of 6 holders — while 26 added to existing stakes and 9 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $6.96M. The largest seller was National Planning Corporation, exiting entirely with an estimated $6.91M sold.
- 58 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q4 2017, up from 52 in Q3 2017.
- Funds reported $136M of Nuveen Taxable Municipal Income Fund stock for Q4 2017, up 10% quarter-over-quarter.
- 12 funds opened new Nuveen Taxable Municipal Income Fund positions in Q4 2017 and 6 closed out, a net change of +6 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q4 2017 was LPL Financial, an estimated $6.96M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q4 2017 was National Planning Corporation, an estimated $6.91M sold.
Based on aggregated 13F filings for Q4 2017.