NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
52 hedge funds and large institutions have $92.1M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 9 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
3% more capital invested
Capital invested by funds: $89.4M → $92.1M (+$2.75M)
10% less funds holding
Funds holding: 58 → 52 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.41M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.37M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.04M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$650K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$360K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$946K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$554K |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
-$369K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$364K |
| 5 |
SG Americas Securities
New York
|
-$342K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
51
IFP Advisors
Tampa,
Florida
| $4K | – | – | – |
|
|
FIA
52
FNY Investment Advisers
New York
| $1K | – | – | – |
|
|
53
SEI Investments
Oaks,
Pennsylvania
| – | -$369K | -29,667 | Closed |
|
|
54
SG Americas Securities
New York
| – | -$342K | -27,481 | Closed |
|
|
DA
55
Doliver Advisors
Houston,
Texas
| – | -$259K | -20,791 | Closed |
|
|
NMC
56
Nine Masts Capital
Central,
Hong Kong
| – | -$248K | -19,900 | Closed |
|
57
Northern Trust
Chicago,
Illinois
| – | -$2K | -19,700 | Closed |
|
58
Millennium Management
New York
| – | -$155K | -12,443 | Closed |
|
59
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$150K | -12,049 | Closed |
|
|
TJHA
60
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$96K | -7,710 | Closed |
|
61
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$11K | -856 | Closed |
|
NID Hedge Fund Activity: Q3 2018 in Review
52 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q3 2018, worth a combined $92.1M — up 3.1% from $89.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NID and 3 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 21 added.
The largest buyer was Wells Fargo, adding an estimated $1.41M. The largest seller was Morgan Stanley, cutting an estimated $946K.
- 52 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q3 2018, down from 58 in Q2 2018.
- Funds reported $92.1M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q3 2018, up 3.1% quarter-over-quarter.
- 3 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q3 2018 and 9 closed out, a net change of -6 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q3 2018 was Wells Fargo, an estimated $1.41M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q3 2018 was Morgan Stanley, an estimated $946K sold.
Based on aggregated 13F filings for Q3 2018.