Nuveen Taxable Municipal Income Fund
NBB
79 hedge funds and large institutions have $135M invested in Nuveen Taxable Municipal Income Fund in 2022 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
14% more funds holding
Funds holding: 69 → 79 (+10)
0.58% more ownership
Funds ownership: 26.33% → 26.91% (+0.58%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $148M → $135M (-$13.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.4M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.3M |
| 3 |
EBWM
Eagle Bluffs Wealth Management
Columbia,
Missouri
|
+$502K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$411K |
| 5 |
MAM
Mystic Asset Management
Warwick,
Rhode Island
|
+$359K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.41M |
| 2 |
PAS
Park Avenue Securities
New York
|
-$1.14M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.07M |
| 4 |
V
Veritable
Wilmington,
Delaware
|
-$709K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$703K |
NBB Hedge Fund Activity: Q2 2022 in Review
79 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q2 2022, worth a combined $135M — down 9% from $148M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NBB positions and 7 closed out — a net gain of 10 holders — while 22 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.4M. The largest seller was Wells Fargo, cutting an estimated $2.41M.
- 79 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q2 2022, up from 69 in Q1 2022.
- Funds reported $135M of Nuveen Taxable Municipal Income Fund stock for Q2 2022, down 9% quarter-over-quarter.
- 17 funds opened new Nuveen Taxable Municipal Income Fund positions in Q2 2022 and 7 closed out, a net change of +10 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q2 2022 was Morgan Stanley, an estimated $5.4M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q2 2022 was Wells Fargo, an estimated $2.41M sold.
Based on aggregated 13F filings for Q2 2022.