NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
60 hedge funds and large institutions have $129M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
13% more funds holding
Funds holding: 53 → 60 (+7)
1% more capital invested
Capital invested by funds: $127M → $129M (+$1.57M)
18% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$8.46M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.71M |
| 3 |
JP Morgan Chase
New York
|
+$1.5M |
| 4 |
Morgan Stanley
New York
|
+$1.1M |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$724K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$2.77M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.66M |
| 3 |
VanEck Associates
New York
|
-$1.01M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$952K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$513K |
NID Hedge Fund Activity: Q1 2020 in Review
60 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q1 2020, worth a combined $129M — up 1.2% from $127M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NID positions and 1 closed out — a net gain of 9 holders — while 18 added to existing stakes and 22 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $8.46M. The largest seller was Punch & Associates Investment Management, cutting an estimated $2.77M.
- 60 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q1 2020, up from 53 in Q4 2019.
- Funds reported $129M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q1 2020, up 1.2% quarter-over-quarter.
- 10 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q1 2020 and 1 closed out, a net change of +9 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q1 2020 was Eaton Vance Management, an estimated $8.46M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q1 2020 was Punch & Associates Investment Management, an estimated $2.77M sold.
Based on aggregated 13F filings for Q1 2020.