NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
57 hedge funds and large institutions have $117M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 12 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
125% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 12
16% more capital invested
Capital invested by funds: $100M → $117M (+$16.2M)
8% more funds holding
Funds holding: 53 → 57 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.85M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.69M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.25M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.17M |
| 5 |
Morgan Stanley
New York
|
+$959K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.77M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.15M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$553K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$487K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$314K |
NID Hedge Fund Activity: Q1 2019 in Review
57 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q1 2019, worth a combined $117M — up 16% from $100M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NID positions and 4 closed out — a net gain of 5 holders — while 27 added to existing stakes and 12 trimmed.
The largest buyer was Wells Fargo, adding an estimated $4.85M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.77M.
- 57 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q1 2019, up from 53 in Q4 2018.
- Funds reported $117M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q1 2019, up 16% quarter-over-quarter.
- 9 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q1 2019 and 4 closed out, a net change of +5 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q1 2019 was Wells Fargo, an estimated $4.85M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q1 2019 was Rivernorth Capital Management, an estimated $1.77M sold.
Based on aggregated 13F filings for Q1 2019.