NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
43 hedge funds and large institutions have $87.7M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2013 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 10 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 7
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
75% more capital invested
Capital invested by funds: $50.1M → $87.7M (+$37.6M)
26% more funds holding
Funds holding: 34 → 43 (+9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.97M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.8M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$6.47M |
| 4 |
Morgan Stanley
New York
|
+$6.41M |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$8.94M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$1.45M |
| 3 |
Comerica Bank
Dallas,
Texas
|
-$441K |
| 4 |
TCT
TIAA CREF Trust
St Louis,
Missouri
|
-$379K |
| 5 |
ST
Semper Trust
King Of Prussia,
Pennsylvania
|
-$333K |
NID Hedge Fund Activity: Q4 2013 in Review
43 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q4 2013, worth a combined $87.7M — up 75% from $50.1M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NID positions and 10 closed out — a net gain of 9 holders — while 15 added to existing stakes and 7 trimmed.
The largest buyer was Bank of America, adding an estimated $6.97M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $8.94M sold.
- 43 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q4 2013, up from 34 in Q3 2013.
- Funds reported $87.7M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q4 2013, up 75% quarter-over-quarter.
- 19 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q4 2013 and 10 closed out, a net change of +9 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q4 2013 was Bank of America, an estimated $6.97M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q4 2013 was Fir Tree Capital Management, an estimated $8.94M sold.
Based on aggregated 13F filings for Q4 2013.