Nuveen Taxable Municipal Income Fund
NBB
79 hedge funds and large institutions have $127M invested in Nuveen Taxable Municipal Income Fund in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
26% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 23
14% more funds holding
Funds holding: 69 → 79 (+10)
5% more capital invested
Capital invested by funds: $121M → $127M (+$6.38M)
0.95% more ownership
Funds ownership: 26.73% → 27.68% (+0.95%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.15M |
| 2 |
EBWM
Eagle Bluffs Wealth Management
Columbia,
Missouri
|
+$1.25M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$502K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$421K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
V
Veritable
Wilmington,
Delaware
|
-$2.32M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.83M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.63M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.22M |
| 5 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$616K |
NBB Hedge Fund Activity: Q4 2022 in Review
79 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q4 2022, worth a combined $127M — up 5.3% from $121M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NBB positions and 5 closed out — a net gain of 10 holders — while 29 added to existing stakes and 23 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $6.15M. The largest seller was Veritable, exiting entirely with an estimated $2.32M sold.
- 79 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q4 2022, up from 69 in Q3 2022.
- Funds reported $127M of Nuveen Taxable Municipal Income Fund stock for Q4 2022, up 5.3% quarter-over-quarter.
- 15 funds opened new Nuveen Taxable Municipal Income Fund positions in Q4 2022 and 5 closed out, a net change of +10 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q4 2022 was Sit Investment Associates, an estimated $6.15M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q4 2022 was Veritable, an estimated $2.32M sold.
Based on aggregated 13F filings for Q4 2022.