NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
43 hedge funds and large institutions have $79M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 7 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
1% less capital invested
Capital invested by funds: $80.2M → $79M (-$1.14M)
4% less funds holding
Funds holding: 45 → 43 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$969K |
| 2 |
VanEck Associates
New York
|
+$417K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$398K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$359K |
| 5 |
Morgan Stanley
New York
|
+$351K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.09M |
| 2 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$1.88M |
| 3 |
LPL Financial
San Diego,
California
|
-$536K |
| 4 |
SG Americas Securities
New York
|
-$406K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$395K |
NID Hedge Fund Activity: Q2 2017 in Review
43 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q2 2017, worth a combined $79M — down 1.4% from $80.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NID and 5 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 16 added.
The largest buyer was Invesco, adding an estimated $969K. The largest seller was Laurion Capital Management, cutting an estimated $2.09M.
- 43 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q2 2017, down from 45 in Q1 2017.
- Funds reported $79M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q2 2017, down 1.4% quarter-over-quarter.
- 5 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q2 2017 and 7 closed out, a net change of -2 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q2 2017 was Invesco, an estimated $969K added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q2 2017 was Laurion Capital Management, an estimated $2.09M sold.
Based on aggregated 13F filings for Q2 2017.