NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
50 hedge funds and large institutions have $123M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 8 closing their positions.
6% more capital invested
Capital invested by funds: $117M → $123M (+$6.59M)
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
12% less funds holding
Funds holding: 57 → 50 (-7)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.91M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$732K |
| 3 |
Morgan Stanley
New York
|
+$625K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$450K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$379K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.05M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$581K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$419K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$401K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$302K |
NID Hedge Fund Activity: Q2 2019 in Review
50 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q2 2019, worth a combined $123M — up 5.7% from $117M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NID and 2 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 19 added.
The largest buyer was Wells Fargo, adding an estimated $5.91M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.05M.
- 50 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q2 2019, down from 57 in Q1 2019.
- Funds reported $123M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q2 2019, up 5.7% quarter-over-quarter.
- 2 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q2 2019 and 8 closed out, a net change of -6 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q2 2019 was Wells Fargo, an estimated $5.91M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q2 2019 was Rivernorth Capital Management, an estimated $2.05M sold.
Based on aggregated 13F filings for Q2 2019.