NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
51 hedge funds and large institutions have $83.2M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2017 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
19% more funds holding
Funds holding: 43 → 51 (+8)
2% more capital invested
Capital invested by funds: $81.6M → $83.2M (+$1.55M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$978K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$949K |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$894K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$703K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$609K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$597K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$368K |
| 4 |
SMG
Spectrum Management Group
Indianapolis,
Indiana
|
-$328K |
| 5 |
LCM
Laurion Capital Management
New York
|
-$250K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
51
SeaCrest Wealth Management
Purchase,
New York
| $13K | +$13.2K | +1,000 | New |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $11K | +$11K | +839 | New |
|
|
DA
53
Doliver Advisors
Houston,
Texas
| – | -$368K | -27,511 | Closed |
|
|
SMG
54
Spectrum Management Group
Indianapolis,
Indiana
| – | -$328K | -24,500 | Closed |
|
|
LCM
55
Laurion Capital Management
New York
| – | -$250K | -18,698 | Closed |
|
56
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$20K | -1,471 | Closed |
|
|
NFG
57
Next Financial Group
Houston,
Texas
| – | -$11K | -840 | Closed |
|
|
CTC
58
Central Trust Company
Jefferson City,
Missouri
| – | -$4K | -335 | Closed |
|
NID Hedge Fund Activity: Q4 2017 in Review
51 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q4 2017, worth a combined $83.2M — up 1.9% from $81.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NID positions and 6 closed out — a net gain of 8 holders — while 20 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $978K. The largest seller was Guggenheim Capital, cutting an estimated $1.8M.
- 51 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q4 2017, up from 43 in Q3 2017.
- Funds reported $83.2M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q4 2017, up 1.9% quarter-over-quarter.
- 14 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q4 2017 and 6 closed out, a net change of +8 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q4 2017 was Morgan Stanley, an estimated $978K added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q4 2017 was Guggenheim Capital, an estimated $1.8M sold.
Based on aggregated 13F filings for Q4 2017.