NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
69 hedge funds and large institutions have $121M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2022 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 24 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
10% more funds holding
Funds holding: 63 → 69 (+6)
6% less capital invested
Capital invested by funds: $128M → $121M (-$7.32M)
25% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.15M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$479K |
| 3 |
LPL Financial
San Diego,
California
|
+$464K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$363K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$896K |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
-$288K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$284K |
| 4 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
-$198K |
| 5 |
XF
XML Financial
Bethesda,
Maryland
|
-$142K |
NID Hedge Fund Activity: Q1 2022 in Review
69 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q1 2022, worth a combined $121M — down 5.7% from $128M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NID positions and 4 closed out — a net gain of 6 holders — while 18 added to existing stakes and 24 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.15M. The largest seller was UBS Group, cutting an estimated $896K.
- 69 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q1 2022, up from 63 in Q4 2021.
- Funds reported $121M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q1 2022, down 5.7% quarter-over-quarter.
- 10 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q1 2022 and 4 closed out, a net change of +6 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q1 2022 was Morgan Stanley, an estimated $1.15M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q1 2022 was UBS Group, an estimated $896K sold.
Based on aggregated 13F filings for Q1 2022.