Nuveen Taxable Municipal Income Fund
NBB
77 hedge funds and large institutions have $194M invested in Nuveen Taxable Municipal Income Fund in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
3% more funds holding
Funds holding: 75 → 77 (+2)
0% less capital invested
Capital invested by funds: $194M → $194M (-$616K)
2.94% less ownership
Funds ownership: 42.64% → 39.7% (-2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.32M |
| 2 |
OCM
Orleans Capital Management
Mandeville,
Louisiana
|
+$868K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$672K |
| 4 |
EBWM
Eagle Bluffs Wealth Management
Columbia,
Missouri
|
+$614K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$600K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$8.98M |
| 2 |
M&T Bank
Buffalo,
New York
|
-$4.22M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$2.7M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.23M |
| 5 |
PAS
Park Avenue Securities
New York
|
-$1.1M |
NBB Hedge Fund Activity: Q3 2024 in Review
77 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q3 2024, worth a combined $194M — down 0.32% from $194M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NBB positions and 8 closed out — a net gain of 3 holders — while 25 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.32M. The largest seller was Envestnet Asset Management, cutting an estimated $8.98M.
- 77 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q3 2024, up from 75 in Q2 2024.
- Funds reported $194M of Nuveen Taxable Municipal Income Fund stock for Q3 2024, down 0.32% quarter-over-quarter.
- 11 funds opened new Nuveen Taxable Municipal Income Fund positions in Q3 2024 and 8 closed out, a net change of +3 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q3 2024 was Morgan Stanley, an estimated $3.32M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q3 2024 was Envestnet Asset Management, an estimated $8.98M sold.
Based on aggregated 13F filings for Q3 2024.