Nuveen Taxable Municipal Income Fund
NBB
72 hedge funds and large institutions have $169M invested in Nuveen Taxable Municipal Income Fund in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 32 increasing their positions, 14 reducing their positions, and 5 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 14
0.92% less ownership
Funds ownership: 27.2% → 26.28% (-0.92%)
5% less funds holding
Funds holding: 76 → 72 (-4)
5% less capital invested
Capital invested by funds: $179M → $169M (-$9.63M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.43M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$727K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$540K |
| 4 |
CF
Clarity Financial
Houston,
Texas
|
+$420K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$415K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.71M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$2.59M |
| 3 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$1.95M |
| 4 |
GKWIM
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
-$1.41M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$903K |
NBB Hedge Fund Activity: Q3 2021 in Review
72 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q3 2021, worth a combined $169M — down 5.4% from $179M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NBB and 3 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 32 added.
The largest buyer was Morgan Stanley, adding an estimated $2.43M. The largest seller was Sit Investment Associates, cutting an estimated $4.71M.
- 72 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q3 2021, down from 76 in Q2 2021.
- Funds reported $169M of Nuveen Taxable Municipal Income Fund stock for Q3 2021, down 5.4% quarter-over-quarter.
- 3 funds opened new Nuveen Taxable Municipal Income Fund positions in Q3 2021 and 5 closed out, a net change of -2 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q3 2021 was Morgan Stanley, an estimated $2.43M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q3 2021 was Sit Investment Associates, an estimated $4.71M sold.
Based on aggregated 13F filings for Q3 2021.