Nuveen Municipal 2021 Target Term Fund
NHA was delisted on the 23rd of February, 2021.
16 hedge funds and large institutions have $14.5M invested in Nuveen Municipal 2021 Target Term Fund in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 3 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
4% less capital invested
Capital invested by funds: $15.1M → $14.5M (-$579K)
11% less funds holding
Funds holding: 18 → 16 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$186K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$178K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$174K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$130K |
| 5 |
LFR
Lehman Financial Resources
Media,
Pennsylvania
|
+$99.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$475K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$169K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$159K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$155K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$135K |
NHA Hedge Fund Activity: Q1 2018 in Review
16 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal 2021 Target Term Fund (NHA) for Q1 2018, worth a combined $14.5M — down 3.8% from $15.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NHA and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 7 added.
The largest buyer was Stifel Financial, opening a new position worth an estimated $186K. The largest seller was Morgan Stanley, cutting an estimated $475K.
- 16 institutional investors held Nuveen Municipal 2021 Target Term Fund (NHA) as of Q1 2018, down from 18 in Q4 2017.
- Funds reported $14.5M of Nuveen Municipal 2021 Target Term Fund stock for Q1 2018, down 3.8% quarter-over-quarter.
- 2 funds opened new Nuveen Municipal 2021 Target Term Fund positions in Q1 2018 and 3 closed out, a net change of -1 holder.
- The largest Nuveen Municipal 2021 Target Term Fund buyer in Q1 2018 was Stifel Financial, an estimated $186K added.
- The largest Nuveen Municipal 2021 Target Term Fund seller in Q1 2018 was Morgan Stanley, an estimated $475K sold.
Based on aggregated 13F filings for Q1 2018.