Nuveen Municipal 2021 Target Term Fund
NHA was delisted on the 23rd of February, 2021.
18 hedge funds and large institutions have $15.1M invested in Nuveen Municipal 2021 Target Term Fund in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 4 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 1
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
81% more capital invested
Capital invested by funds: $8.38M → $15.1M (+$6.75M)
50% more funds holding
Funds holding: 12 → 18 (+6)
9.38% more ownership
Funds ownership: 10.4% → 19.78% (+9.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.7M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.55M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$912K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$580K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$219K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$199K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$142K |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$123K |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$99K |
NHA Hedge Fund Activity: Q4 2017 in Review
18 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal 2021 Target Term Fund (NHA) for Q4 2017, worth a combined $15.1M — up 81% from $8.38M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NHA positions and 4 closed out — a net gain of 6 holders — while 7 added to existing stakes and 1 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $3.7M. The largest seller was Janney Montgomery Scott, cutting an estimated $219K.
- 18 institutional investors held Nuveen Municipal 2021 Target Term Fund (NHA) as of Q4 2017, up from 12 in Q3 2017.
- Funds reported $15.1M of Nuveen Municipal 2021 Target Term Fund stock for Q4 2017, up 81% quarter-over-quarter.
- 10 funds opened new Nuveen Municipal 2021 Target Term Fund positions in Q4 2017 and 4 closed out, a net change of +6 holders.
- The largest Nuveen Municipal 2021 Target Term Fund buyer in Q4 2017 was Karpus Investment Management, an estimated $3.7M added.
- The largest Nuveen Municipal 2021 Target Term Fund seller in Q4 2017 was Janney Montgomery Scott, an estimated $219K sold.
Based on aggregated 13F filings for Q4 2017.