Nuveen Taxable Municipal Income Fund
NBB
73 hedge funds and large institutions have $166M invested in Nuveen Taxable Municipal Income Fund in 2021 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 9 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1% more funds holding
Funds holding: 72 → 73 (+1)
0.19% less ownership
Funds ownership: 26.28% → 26.09% (-0.19%)
2% less capital invested
Capital invested by funds: $169M → $166M (-$2.66M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$3.21M |
| 2 |
GKWIM
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
+$1.17M |
| 3 |
Morgan Stanley
New York
|
+$676K |
| 4 |
Millennium Management
New York
|
+$468K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$280K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.94M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.92M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.06M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$665K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$284K |
NBB Hedge Fund Activity: Q4 2021 in Review
73 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q4 2021, worth a combined $166M — down 1.6% from $169M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NBB positions and 9 closed out — a net gain of 1 holder — while 26 added to existing stakes and 14 trimmed.
The largest buyer was Coastal Bridge Advisors, opening a new position worth an estimated $3.21M. The largest seller was UBS Group, cutting an estimated $4.94M.
- 73 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q4 2021, up from 72 in Q3 2021.
- Funds reported $166M of Nuveen Taxable Municipal Income Fund stock for Q4 2021, down 1.6% quarter-over-quarter.
- 10 funds opened new Nuveen Taxable Municipal Income Fund positions in Q4 2021 and 9 closed out, a net change of +1 holder.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q4 2021 was Coastal Bridge Advisors, an estimated $3.21M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q4 2021 was UBS Group, an estimated $4.94M sold.
Based on aggregated 13F filings for Q4 2021.