Nuveen Municipal 2021 Target Term Fund
NHA was delisted on the 23rd of February, 2021.
21 hedge funds and large institutions have $19.6M invested in Nuveen Municipal 2021 Target Term Fund in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
12% more capital invested
Capital invested by funds: $17.5M → $19.6M (+$2.09M)
5% more funds holding
Funds holding: 20 → 21 (+1)
2.8% more ownership
Funds ownership: 21.44% → 24.24% (+2.8%)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.31M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$372K |
| 3 |
RVPG
Relative Value Partners Group
|
+$200K |
| 4 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$181K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$665K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$446K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$292K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$290K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$221K |
NHA Hedge Fund Activity: Q4 2018 in Review
21 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal 2021 Target Term Fund (NHA) for Q4 2018, worth a combined $19.6M — up 12% from $17.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NHA positions and 3 closed out — a net gain of 2 holders — while 6 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $3.31M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $665K sold.
- 21 institutional investors held Nuveen Municipal 2021 Target Term Fund (NHA) as of Q4 2018, up from 20 in Q3 2018.
- Funds reported $19.6M of Nuveen Municipal 2021 Target Term Fund stock for Q4 2018, up 12% quarter-over-quarter.
- 5 funds opened new Nuveen Municipal 2021 Target Term Fund positions in Q4 2018 and 3 closed out, a net change of +2 holders.
- The largest Nuveen Municipal 2021 Target Term Fund buyer in Q4 2018 was Karpus Investment Management, an estimated $3.31M added.
- The largest Nuveen Municipal 2021 Target Term Fund seller in Q4 2018 was Mariner Investment Group, an estimated $665K sold.
Based on aggregated 13F filings for Q4 2018.