NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
54 hedge funds and large institutions have $146M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 9 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
13% more capital invested
Capital invested by funds: $129M → $146M (+$16.9M)
10% less funds holding
Funds holding: 60 → 54 (-6)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| 1 |
BlackRock
New York
|
+$10.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.36M |
| 3 |
Morgan Stanley
New York
|
+$1.04M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$749K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$712K |
Top Sellers
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.64M |
| 2 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$386K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$352K |
| 4 |
UR
USCA RIA
Houston,
Texas
|
-$347K |
| 5 |
LC
Lavaca Capital
Houston,
Texas
|
-$242K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
51
Valeo Financial Advisors
Carmel,
Indiana
| $20K | – | – | – |
|
52
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $18K | – | – | – |
|
53
Rockefeller Capital Management
New York
| $11K | – | – | – |
|
|
CCA
54
Column Capital Advisors
Indianapolis,
Indiana
| $7K | +$7.67K | +600 | New |
|
|
PAIM
55
Punch & Associates Investment Management
Edina,
Minnesota
| – | -$1.64M | -126,050 | Closed |
|
|
BRWM
56
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$386K | -29,735 | Closed |
|
|
LC
57
Lavaca Capital
Houston,
Texas
| – | -$242K | -18,660 | Closed |
|
58
Millennium Management
New York
| – | -$168K | -12,926 | Closed |
|
|
BFEC
59
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$33K | -2,552 | Closed |
|
60
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$19K | -1,500 | Closed |
|
|
APA
61
American Portfolios Advisors
Holbrook,
New York
| – | -$14.7K | -1,135 | Closed |
|
|
WLPWM
62
Walled Lake Planning & Wealth Management
Winnetka,
Illinois
| – | -$13K | -1,000 | Closed |
|
NID Hedge Fund Activity: Q2 2020 in Review
54 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q2 2020, worth a combined $146M — up 13% from $129M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NID and 4 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 19 added.
The largest buyer was BlackRock, opening a new position worth an estimated $10.6M. The largest seller was Punch & Associates Investment Management, exiting entirely with an estimated $1.64M sold.
- 54 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q2 2020, down from 60 in Q1 2020.
- Funds reported $146M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q2 2020, up 13% quarter-over-quarter.
- 4 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q2 2020 and 9 closed out, a net change of -5 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q2 2020 was BlackRock, an estimated $10.6M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q2 2020 was Punch & Associates Investment Management, an estimated $1.64M sold.
Based on aggregated 13F filings for Q2 2020.