Nuveen Taxable Municipal Income Fund
NBB
81 hedge funds and large institutions have $207M invested in Nuveen Taxable Municipal Income Fund in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 18 reducing their positions, and 9 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 18
15% more capital invested
Capital invested by funds: $181M → $207M (+$26.6M)
3% more ownership
Funds ownership: 41% → 44% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 82 → 81 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSIA
LaSalle St. Investment Advisors
Elmhurst,
Illinois
|
+$5.49M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.73M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.61M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.44M |
| 5 |
Morgan Stanley
New York
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$732K |
| 2 |
M&T Bank
Buffalo,
New York
|
-$710K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$571K |
| 4 |
BAM
Bayshore Asset Management
Coral Gables,
Florida
|
-$516K |
| 5 |
FPAS
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
-$516K |
NBB Hedge Fund Activity: Q1 2025 in Review
81 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q1 2025, worth a combined $207M — up 15% from $181M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NBB and 8 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 29 added.
The largest buyer was LaSalle St. Investment Advisors, opening a new position worth an estimated $5.49M. The largest seller was Wells Fargo, cutting an estimated $732K.
- 81 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q1 2025, down from 82 in Q4 2024.
- Funds reported $207M of Nuveen Taxable Municipal Income Fund stock for Q1 2025, up 15% quarter-over-quarter.
- 8 funds opened new Nuveen Taxable Municipal Income Fund positions in Q1 2025 and 9 closed out, a net change of -1 holder.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q1 2025 was LaSalle St. Investment Advisors, an estimated $5.49M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q1 2025 was Wells Fargo, an estimated $732K sold.
Based on aggregated 13F filings for Q1 2025.