NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
45 hedge funds and large institutions have $80.2M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
2% more funds holding
Funds holding: 44 → 45 (+1)
3% more capital invested
Capital invested by funds: $78.1M → $80.2M (+$2.01M)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$2.87M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$872K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$641K |
| 4 |
SIAP
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
|
+$553K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.23M |
| 2 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
-$588K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$558K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$547K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$284K |
NID Hedge Fund Activity: Q1 2017 in Review
45 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q1 2017, worth a combined $80.2M — up 2.6% from $78.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NID positions and 5 closed out — a net gain of 2 holders — while 15 added to existing stakes and 18 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $2.87M. The largest seller was Morgan Stanley, cutting an estimated $3.23M.
- 45 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q1 2017, up from 44 in Q4 2016.
- Funds reported $80.2M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q1 2017, up 2.6% quarter-over-quarter.
- 7 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q1 2017 and 5 closed out, a net change of +2 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q1 2017 was Laurion Capital Management, an estimated $2.87M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q1 2017 was Morgan Stanley, an estimated $3.23M sold.
Based on aggregated 13F filings for Q1 2017.