NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
36 hedge funds and large institutions have $74M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 10 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
4% less capital invested
Capital invested by funds: $76.8M → $74M (-$2.81M)
12% less funds holding
Funds holding: 41 → 36 (-5)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.42M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$423K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$420K |
| 4 |
LPL Financial
San Diego,
California
|
+$280K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.08M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$2.42M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$528K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$322K |
| 5 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$246K |
NID Hedge Fund Activity: Q3 2015 in Review
36 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q3 2015, worth a combined $74M — down 3.7% from $76.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NID and 5 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 15 added.
The largest buyer was Wells Fargo, adding an estimated $1.42M. The largest seller was UBS Group, cutting an estimated $3.08M.
- 36 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q3 2015, down from 41 in Q2 2015.
- Funds reported $74M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q3 2015, down 3.7% quarter-over-quarter.
- 5 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q3 2015 and 10 closed out, a net change of -5 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q3 2015 was Wells Fargo, an estimated $1.42M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q3 2015 was UBS Group, an estimated $3.08M sold.
Based on aggregated 13F filings for Q3 2015.