Nuveen Taxable Municipal Income Fund
NBB
73 hedge funds and large institutions have $164M invested in Nuveen Taxable Municipal Income Fund in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 11 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
0.66% more ownership
Funds ownership: 25.95% → 26.6% (+0.66%)
3% less capital invested
Capital invested by funds: $169M → $164M (-$4.34M)
4% less funds holding
Funds holding: 76 → 73 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.24M |
| 2 |
V
Veritable
Wilmington,
Delaware
|
+$2.08M |
| 3 |
AC
Amitell Capital
Singapore
|
+$1.82M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$794K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$509K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.8M |
| 2 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$1.01M |
| 3 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$784K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$674K |
| 5 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$655K |
NBB Hedge Fund Activity: Q1 2021 in Review
73 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q1 2021, worth a combined $164M — down 2.6% from $169M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NBB and 8 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 26 added.
The largest buyer was Osaic Holdings, adding an estimated $3.24M. The largest seller was Sit Investment Associates, cutting an estimated $1.8M.
- 73 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q1 2021, down from 76 in Q4 2020.
- Funds reported $164M of Nuveen Taxable Municipal Income Fund stock for Q1 2021, down 2.6% quarter-over-quarter.
- 8 funds opened new Nuveen Taxable Municipal Income Fund positions in Q1 2021 and 11 closed out, a net change of -3 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q1 2021 was Osaic Holdings, an estimated $3.24M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q1 2021 was Sit Investment Associates, an estimated $1.8M sold.
Based on aggregated 13F filings for Q1 2021.