Nuveen Taxable Municipal Income Fund
NBB
64 hedge funds and large institutions have $146M invested in Nuveen Taxable Municipal Income Fund in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 12 reducing their positions, and 5 closing their positions.
142% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 12
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 63 → 64 (+1)
4% more capital invested
Capital invested by funds: $140M → $146M (+$5.7M)
0.45% less ownership
Funds ownership: 19.57% → 19.12% (-0.45%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$13.1M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$2.33M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.59M |
| 4 |
Morgan Stanley
New York
|
+$1.19M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$713K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$7.22M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.54M |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$2.59M |
| 4 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$2.39M |
| 5 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
-$2.18M |
NBB Hedge Fund Activity: Q3 2019 in Review
64 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q3 2019, worth a combined $146M — up 4.1% from $140M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NBB positions and 5 closed out — a net gain of 1 holder — while 29 added to existing stakes and 12 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $13.1M. The largest seller was UBS Group, cutting an estimated $7.22M.
- 64 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q3 2019, up from 63 in Q2 2019.
- Funds reported $146M of Nuveen Taxable Municipal Income Fund stock for Q3 2019, up 4.1% quarter-over-quarter.
- 6 funds opened new Nuveen Taxable Municipal Income Fund positions in Q3 2019 and 5 closed out, a net change of +1 holder.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q3 2019 was Guggenheim Capital, an estimated $13.1M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q3 2019 was UBS Group, an estimated $7.22M sold.
Based on aggregated 13F filings for Q3 2019.