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Nuveen Taxable Municipal Income Fund

82 hedge funds and large institutions have $181M invested in Nuveen Taxable Municipal Income Fund in 2024 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 8

6% more funds holding

Funds holding: 7782 (+5)

5% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 21

0.98% more ownership

Funds ownership: 40.02%41% (+0.98%)

7% less capital invested

Capital invested by funds: $194M → $181M (-$13.1M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
82
Holders Change
+5
Holders Change %
+6.49%
% of All Funds
1.08%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
16
Increased
22
Reduced
21
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$55.4M +$2.67M +166,303 +5%
Morgan Stanley
2
Morgan Stanley
New York
$26.4M +$1.95M +121,457 +7%
Raymond James Financial
3
Raymond James Financial
Florida
$12.7M +$13.5M +845,069 New
UBS Group
4
UBS Group
Switzerland
$10.3M +$1.13M +70,771 +11%
EBWM
5
Eagle Bluffs Wealth Management
Missouri
$9.86M +$3.35M +208,822 +46%
M&T Bank
6
M&T Bank
New York
$8.57M +$17.9K +1,119 +0.2%
Bank of America
7
Bank of America
North Carolina
$7.11M -$407K -25,422 -5%
Wells Fargo
8
Wells Fargo
California
$6.18M -$1.27M -79,223 -16%
Osaic Holdings
9
Osaic Holdings
Arizona
$4.7M -$4.17M -259,922 -45%
Invesco
10
Invesco
Georgia
$4.68M +$344K +21,446 +7%
Ameriprise
11
Ameriprise
Minnesota
$3.49M +$492K +30,702 +15%
MSL
12
Mackay Shields LLC
New York
$2.35M -$127K -7,920 -5%
Baird Financial Group
13
Baird Financial Group
Wisconsin
$2.27M +$50.1K +3,126 +2%
LPL Financial
14
LPL Financial
California
$1.79M +$132K +8,213 +7%
GCP
15
Gill Capital Partners
Colorado
$1.66M -$57.7K -3,601 -3%
BAM
16
Broyhill Asset Management
North Carolina
$1.62M +$1.74M +108,432 New
WS
17
Wedbush Securities
California
$1.2M -$116K -7,244 -8%
Truist Financial
18
Truist Financial
North Carolina
$1.07M -$134K -8,357 -10%
SG
19
StoneX Group
New York
$1.01M +$1.08M +67,381 New
SWP
20
Stratos Wealth Partners
Ohio
$859K -$641K -40,016 -41%
HighTower Advisors
21
HighTower Advisors
Illinois
$853K +$612K +38,214 +204%
OCM
22
Orleans Capital Management
Louisiana
$836K -$18.4K -1,150 -2%
BGAI
23
Bruce G. Allen Investments
Colorado
$822K +$23.1K +1,442 +3%
First Trust Advisors
24
First Trust Advisors
Illinois
$742K +$135K +8,408 +20%
Cetera Investment Advisers
25
Cetera Investment Advisers
Illinois
$725K -$61K -3,804 -7%

NBB Hedge Fund Activity: Q4 2024 in Review

82 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q4 2024, worth a combined $181M — down 6.7% from $194M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new NBB positions and 8 closed out — a net gain of 8 holders — while 22 added to existing stakes and 21 trimmed.

The largest buyer was Eagle Bluffs Wealth Management, adding an estimated $3.35M. The largest seller was Osaic Holdings, cutting an estimated $4.17M.

  • 82 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q4 2024, up from 77 in Q3 2024.
  • Funds reported $181M of Nuveen Taxable Municipal Income Fund stock for Q4 2024, down 6.7% quarter-over-quarter.
  • 16 funds opened new Nuveen Taxable Municipal Income Fund positions in Q4 2024 and 8 closed out, a net change of +8 holders.
  • The largest Nuveen Taxable Municipal Income Fund buyer in Q4 2024 was Eagle Bluffs Wealth Management, an estimated $3.35M added.
  • The largest Nuveen Taxable Municipal Income Fund seller in Q4 2024 was Osaic Holdings, an estimated $4.17M sold.

Based on aggregated 13F filings for Q4 2024.