NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
18 hedge funds and large institutions have $11.4M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 65 closing their positions.
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
78% less funds holding
Funds holding: 80 → 18 (-62)
92% less capital invested
Capital invested by funds: $138M → $11.4M (-$127M)
95% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 65
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$2.41M |
| 2 |
JC
JBF Capital
Aspen,
Colorado
|
+$2.1M |
| 3 |
PB
Pinnacle Bancorp
Beatrice,
Nebraska
|
+$42.2K |
| 4 |
Rockefeller Capital Management
New York
|
+$19.3K |
| 5 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
+$14.1K |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$37.7M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$17.2M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$8.38M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$7.94M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$5.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RBC
76
Romano Brothers & Co
Evanston,
Illinois
| – | -$19.7K | -1,500 | Closed |
|
|
WIM
77
Westside Investment Management
Santa Monica,
California
| – | -$18 | -1,400 | Closed |
|
|
NA
78
NewEdge Advisors
New Orleans,
Louisiana
| – | -$17 | -1,282 | Closed |
|
|
SIA
79
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$16K | -1,200 | Closed |
|
80
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$7K | -550 | Closed |
|
81
US Bancorp
Minneapolis,
Minnesota
| – | -$4.99K | -380 | Closed |
|
|
BC
82
Barrett & Company
Providence,
Rhode Island
| – | -$3.28K | -250 | Closed |
|
83
Fidelity Investments
Boston,
Massachusetts
| – | -$13 | -1 | Closed |
|
NID Hedge Fund Activity: Q1 2023 in Review
18 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q1 2023, worth a combined $11.4M — down 92% from $138M a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of NID and 3 opened new positions — a net loss of 62 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was CAPTRUST Financial Advisors, adding an estimated $2.41M. The largest seller was Morgan Stanley, exiting entirely with an estimated $37.7M sold.
- 18 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q1 2023, down from 80 in Q4 2022.
- Funds reported $11.4M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q1 2023, down 92% quarter-over-quarter.
- 3 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q1 2023 and 65 closed out, a net change of -62 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q1 2023 was CAPTRUST Financial Advisors, an estimated $2.41M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q1 2023 was Morgan Stanley, an estimated $37.7M sold.
Based on aggregated 13F filings for Q1 2023.