NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
53 hedge funds and large institutions have $100M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
9% more capital invested
Capital invested by funds: $92.1M → $100M (+$8.34M)
2% more funds holding
Funds holding: 52 → 53 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.26M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.01M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.55M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.12M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$700K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.03M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.03M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$584K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$412K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$331K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCIG
51
Quad-Cities Investment Group
Davenport,
Iowa
| $19K | +$172 | +14 | +1% |
|
|
WCM
52
WealthBridge Capital Management
Westerville,
Ohio
| $19K | +$19K | +1,546 | New |
|
|
SWM
53
SeaCrest Wealth Management
Purchase,
New York
| $12K | – | – | – |
|
|
IA
54
IFP Advisors
Tampa,
Florida
| $4K | – | – | – |
|
|
LCM
55
Laurion Capital Management
New York
| – | -$1.03M | -82,598 | Closed |
|
|
RJFSA
56
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$1.03M | -82,366 | Closed |
|
57
Koshinski Asset Management
Decatur,
Illinois
| – | -$281K | -22,500 | Closed |
|
|
FFA
58
First Foundation Advisors
Irvine,
California
| – | -$247K | -19,788 | Closed |
|
59
William Blair & Company
Chicago,
Illinois
| – | -$245K | -19,620 | Closed |
|
|
GP
60
Girard Partners
King Of Prussia,
Pennsylvania
| – | -$9K | -788 | Closed |
|
|
FIA
61
FNY Investment Advisers
New York
| – | -$1K | -135 | Closed |
|
NID Hedge Fund Activity: Q4 2018 in Review
53 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q4 2018, worth a combined $100M — up 9.1% from $92.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NID positions and 7 closed out — a net gain of 1 holder — while 20 added to existing stakes and 15 trimmed.
The largest buyer was Wells Fargo, adding an estimated $4.26M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.03M sold.
- 53 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q4 2018, up from 52 in Q3 2018.
- Funds reported $100M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q4 2018, up 9.1% quarter-over-quarter.
- 8 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q4 2018 and 7 closed out, a net change of +1 holder.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q4 2018 was Wells Fargo, an estimated $4.26M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q4 2018 was Laurion Capital Management, an estimated $1.03M sold.
Based on aggregated 13F filings for Q4 2018.