NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
54 hedge funds and large institutions have $132M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 4 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
0% more funds holding
Funds holding: 54 → 54 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
10% less capital invested
Capital invested by funds: $146M → $132M (-$14M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $272K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$3.01M |
| 2 |
Morgan Stanley
New York
|
+$1.96M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$378K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$316K |
| 5 |
LPL Financial
San Diego,
California
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$11M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$9.68M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$459K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$340K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$328K |
NID Hedge Fund Activity: Q3 2020 in Review
54 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q3 2020, worth a combined $132M — down 9.6% from $146M a quarter earlier.
Fund positioning in NID was balanced in Q3 2020: 4 funds opened new positions, 4 closed out, 18 added to existing stakes and 17 trimmed.
The largest buyer was Westchester Capital Management (New York), adding an estimated $3.01M. The largest seller was BlackRock, cutting an estimated $11M.
- 54 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $132M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q3 2020, down 9.6% quarter-over-quarter.
- 4 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q3 2020 and 4 closed out, a net change of 0 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q3 2020 was Westchester Capital Management (New York), an estimated $3.01M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q3 2020 was BlackRock, an estimated $11M sold.
Based on aggregated 13F filings for Q3 2020.