NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
43 hedge funds and large institutions have $82.5M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
5% more funds holding
Funds holding: 41 → 43 (+2)
8% less capital invested
Capital invested by funds: $89.3M → $82.5M (-$6.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$830K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$770K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$420K |
| 4 |
Barclays
London,
United Kingdom
|
+$358K |
| 5 |
Jane Street
New York
|
+$294K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$4M |
| 2 |
Morgan Stanley
New York
|
-$3.24M |
| 3 |
GCM
Gruss Capital Management
New York
|
-$2.16M |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$1.97M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.45M |
NID Hedge Fund Activity: Q2 2014 in Review
43 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q2 2014, worth a combined $82.5M — down 7.6% from $89.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NID positions and 5 closed out — a net gain of 2 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $830K. The largest seller was UBS, cutting an estimated $4M.
- 43 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q2 2014, up from 41 in Q1 2014.
- Funds reported $82.5M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q2 2014, down 7.6% quarter-over-quarter.
- 7 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q2 2014 and 5 closed out, a net change of +2 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q2 2014 was Guggenheim Capital, an estimated $830K added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q2 2014 was UBS, an estimated $4M sold.
Based on aggregated 13F filings for Q2 2014.