Nuveen Municipal 2021 Target Term Fund
NHA was delisted on the 23rd of February, 2021.
24 hedge funds and large institutions have $18.5M invested in Nuveen Municipal 2021 Target Term Fund in 2020 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
4% more funds holding
Funds holding: 23 → 24 (+1)
4% less capital invested
Capital invested by funds: $19.2M → $18.5M (-$707K)
1.2% less ownership
Funds ownership: 22.89% → 21.69% (-1.2%)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$258K |
| 2 |
RVPG
Relative Value Partners Group
|
+$211K |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$196K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$194K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$25.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$587K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$281K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$272K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$194K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$182K |
NHA Hedge Fund Activity: Q4 2020 in Review
24 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal 2021 Target Term Fund (NHA) for Q4 2020, worth a combined $18.5M — down 3.7% from $19.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new NHA positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 12 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $258K. The largest seller was Karpus Investment Management, cutting an estimated $587K.
- 24 institutional investors held Nuveen Municipal 2021 Target Term Fund (NHA) as of Q4 2020, up from 23 in Q3 2020.
- Funds reported $18.5M of Nuveen Municipal 2021 Target Term Fund stock for Q4 2020, down 3.7% quarter-over-quarter.
- 2 funds opened new Nuveen Municipal 2021 Target Term Fund positions in Q4 2020 and 1 closed out, a net change of +1 holder.
- The largest Nuveen Municipal 2021 Target Term Fund buyer in Q4 2020 was Royal Bank of Canada, an estimated $258K added.
- The largest Nuveen Municipal 2021 Target Term Fund seller in Q4 2020 was Karpus Investment Management, an estimated $587K sold.
Based on aggregated 13F filings for Q4 2020.