Nuveen Taxable Municipal Income Fund
NBB
76 hedge funds and large institutions have $169M invested in Nuveen Taxable Municipal Income Fund in 2020 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 5 closing their positions.
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
21% more funds holding
Funds holding: 63 → 76 (+13)
5% more capital invested
Capital invested by funds: $160M → $169M (+$8.57M)
0.16% less ownership
Funds ownership: 26.11% → 25.95% (-0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.15M |
| 2 |
V
Veritable
Wilmington,
Delaware
|
+$2.01M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$978K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$799K |
| 5 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$375K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$7.19M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$986K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$961K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$589K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$501K |
NBB Hedge Fund Activity: Q4 2020 in Review
76 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q4 2020, worth a combined $169M — up 5.4% from $160M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NBB positions and 5 closed out — a net gain of 13 holders — while 22 added to existing stakes and 17 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $3.15M. The largest seller was Sit Investment Associates, cutting an estimated $7.19M.
- 76 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q4 2020, up from 63 in Q3 2020.
- Funds reported $169M of Nuveen Taxable Municipal Income Fund stock for Q4 2020, up 5.4% quarter-over-quarter.
- 18 funds opened new Nuveen Taxable Municipal Income Fund positions in Q4 2020 and 5 closed out, a net change of +13 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q4 2020 was Osaic Holdings, an estimated $3.15M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q4 2020 was Sit Investment Associates, an estimated $7.19M sold.
Based on aggregated 13F filings for Q4 2020.