NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
64 hedge funds and large institutions have $141M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2020 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
19% more funds holding
Funds holding: 54 → 64 (+10)
7% more capital invested
Capital invested by funds: $132M → $141M (+$9.37M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$450K |
| 2 |
Morgan Stanley
New York
|
+$443K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$319K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$318K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$817K |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$386K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$381K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$328K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$319K |
NID Hedge Fund Activity: Q4 2020 in Review
64 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q4 2020, worth a combined $141M — up 7.1% from $132M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NID positions and 6 closed out — a net gain of 10 holders — while 18 added to existing stakes and 14 trimmed.
The largest buyer was Kestra Advisory Services, adding an estimated $450K. The largest seller was City of London Investment Management, cutting an estimated $817K.
- 64 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q4 2020, up from 54 in Q3 2020.
- Funds reported $141M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q4 2020, up 7.1% quarter-over-quarter.
- 16 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q4 2020 and 6 closed out, a net change of +10 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q4 2020 was Kestra Advisory Services, an estimated $450K added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q4 2020 was City of London Investment Management, an estimated $817K sold.
Based on aggregated 13F filings for Q4 2020.