Nuveen Taxable Municipal Income Fund
NBB
76 hedge funds and large institutions have $179M invested in Nuveen Taxable Municipal Income Fund in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 12 reducing their positions, and 9 closing their positions.
170% more capital inflows, than outflows
Capital inflows: $13.2M | Capital outflows: $4.88M
142% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 12
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
4% more funds holding
Funds holding: 73 → 76 (+3)
0.6% more ownership
Funds ownership: 26.6% → 27.2% (+0.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.61M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.54M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.16M |
| 5 |
Veritable
Wilmington,
Delaware
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$960K |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
-$659K |
| 4 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$320K |
| 5 |
Busey Bank
Urbana,
Illinois
|
-$305K |
NBB Hedge Fund Activity: Q2 2021 in Review
76 of the 5,769 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q2 2021, worth a combined $179M — up 8.8% from $164M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NBB positions and 9 closed out — a net gain of 3 holders — while 29 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.61M. The largest seller was Sit Investment Associates, cutting an estimated $1.4M.
- 76 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q2 2021, up from 73 in Q1 2021.
- Funds reported $179M of Nuveen Taxable Municipal Income Fund stock for Q2 2021, up 8.8% quarter-over-quarter.
- 12 funds opened new Nuveen Taxable Municipal Income Fund positions in Q2 2021 and 9 closed out, a net change of +3 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q2 2021 was Morgan Stanley, an estimated $1.61M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q2 2021 was Sit Investment Associates, an estimated $1.4M sold.
Based on aggregated 13F filings for Q2 2021.