NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
53 hedge funds and large institutions have $125M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 13 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
69% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 13
6% more funds holding
Funds holding: 50 → 53 (+3)
2% more capital invested
Capital invested by funds: $123M → $125M (+$1.86M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPIA
Steward Partners Investment Advisory
New York
|
+$1.28M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$696K |
| 3 |
Morgan Stanley
New York
|
+$415K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$370K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.73M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.16M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$868K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$702K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$475K |
NID Hedge Fund Activity: Q3 2019 in Review
53 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q3 2019, worth a combined $125M — up 1.5% from $123M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NID positions and 2 closed out — a net gain of 3 holders — while 22 added to existing stakes and 13 trimmed.
The largest buyer was Steward Partners Investment Advisory, adding an estimated $1.28M. The largest seller was UBS Group, cutting an estimated $1.73M.
- 53 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q3 2019, up from 50 in Q2 2019.
- Funds reported $125M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q3 2019, up 1.5% quarter-over-quarter.
- 5 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q3 2019 and 2 closed out, a net change of +3 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q3 2019 was Steward Partners Investment Advisory, an estimated $1.28M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q3 2019 was UBS Group, an estimated $1.73M sold.
Based on aggregated 13F filings for Q3 2019.