NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
53 hedge funds and large institutions have $127M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
5% more capital invested
Capital invested by funds: $121M → $127M (+$5.8M)
0% more funds holding
Funds holding: 53 → 53 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.42M |
| 2 |
Morgan Stanley
New York
|
+$1.63M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$779K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$542K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$539K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.82M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$582K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$502K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$212K |
| 5 |
GA
Greytown Advisors
Miami,
Florida
|
-$181K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
JP Morgan Chase
New York
| $44K | +$43.9K | +3,184 | New |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $21K | – | – | – |
|
|
VFA
53
Valeo Financial Advisors
Carmel,
Indiana
| $21K | – | – | – |
|
|
RCM
54
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$3.84K | -279,996 | Closed |
|
|
GA
55
Greytown Advisors
Miami,
Florida
| – | -$181K | -13,169 | Closed |
|
|
SMH
56
Sanders Morris Harris
Houston,
Texas
| – | -$143K | -10,490 | Closed |
|
|
QCIG
57
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$22K | -1,513 | Closed |
|
|
PAM
58
Panagora Asset Management
Boston,
Massachusetts
| – | -$10K | -710 | Closed |
|
|
FIA
59
FNY Investment Advisers
New York
| – | -$3K | -258 | Closed |
|
NID Hedge Fund Activity: Q4 2019 in Review
53 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q4 2019, worth a combined $127M — up 4.8% from $121M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NID positions and 7 closed out — a net gain of 1 holder — while 17 added to existing stakes and 16 trimmed.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $2.42M. The largest seller was City of London Investment Management, cutting an estimated $1.82M.
- 53 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $127M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q4 2019, up 4.8% quarter-over-quarter.
- 8 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q4 2019 and 7 closed out, a net change of +1 holder.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q4 2019 was Westchester Capital Management (New York), an estimated $2.42M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q4 2019 was City of London Investment Management, an estimated $1.82M sold.
Based on aggregated 13F filings for Q4 2019.