NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
62 hedge funds and large institutions have $135M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 7 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
4% less capital invested
Capital invested by funds: $141M → $135M (-$5.73M)
3% less funds holding
Funds holding: 64 → 62 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.75M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$794K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$709K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$484K |
| 5 |
LPL Financial
San Diego,
California
|
+$294K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$8.57M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.85M |
| 3 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$1.3M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$370K |
| 5 |
JP Morgan Chase
New York
|
-$367K |
NID Hedge Fund Activity: Q1 2021 in Review
62 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q1 2021, worth a combined $135M — down 4.1% from $141M a quarter earlier.
Fund positioning in NID was balanced in Q1 2021: 7 funds opened new positions, 7 closed out, 20 added to existing stakes and 13 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.75M. The largest seller was Eaton Vance Management, exiting entirely with an estimated $8.57M sold.
- 62 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q1 2021, down from 64 in Q4 2020.
- Funds reported $135M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q1 2021, down 4.1% quarter-over-quarter.
- 7 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q1 2021 and 7 closed out, a net change of 0 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q1 2021 was Wells Fargo, an estimated $1.75M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q1 2021 was Eaton Vance Management, an estimated $8.57M sold.
Based on aggregated 13F filings for Q1 2021.