NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
41 hedge funds and large institutions have $87M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
8% more capital invested
Capital invested by funds: $80.2M → $87M (+$6.76M)
0.26% more ownership
Funds ownership: 12.83% → 13.09% (+0.26%)
0% more funds holding
Funds holding: 41 → 41 (0)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.01M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.19M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$351K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$239K |
| 5 |
VanEck Associates
New York
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.11M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$576K |
| 3 |
LPL Financial
San Diego,
California
|
-$545K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$435K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$357K |
NID Hedge Fund Activity: Q2 2016 in Review
41 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q2 2016, worth a combined $87M — up 8.4% from $80.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NID positions and 4 closed out — a net gain of 1 holder — while 16 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.01M. The largest seller was UBS Group, cutting an estimated $1.11M.
- 41 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $87M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q2 2016, up 8.4% quarter-over-quarter.
- 5 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q2 2016 and 4 closed out, a net change of +1 holder.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q2 2016 was Morgan Stanley, an estimated $2.01M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q2 2016 was UBS Group, an estimated $1.11M sold.
Based on aggregated 13F filings for Q2 2016.