NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
59 hedge funds and large institutions have $135M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 11 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
0% less capital invested
Capital invested by funds: $135M → $135M (-$133K)
5% less funds holding
Funds holding: 62 → 59 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$812K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$604K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$524K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$301K |
| 5 |
LPL Financial
San Diego,
California
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$4.01M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.07M |
| 3 |
JP Morgan Chase
New York
|
-$1.34M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
-$714K |
| 5 |
Morgan Stanley
New York
|
-$683K |
NID Hedge Fund Activity: Q2 2021 in Review
59 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q2 2021, worth a combined $135M — down 0.1% from $135M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NID and 8 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 24 added.
The largest buyer was VanEck Associates, adding an estimated $812K. The largest seller was Westchester Capital Management (New York), exiting entirely with an estimated $4.01M sold.
- 59 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q2 2021, down from 62 in Q1 2021.
- Funds reported $135M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q2 2021, down 0.1% quarter-over-quarter.
- 8 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q2 2021 and 11 closed out, a net change of -3 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q2 2021 was VanEck Associates, an estimated $812K added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q2 2021 was Westchester Capital Management (New York), an estimated $4.01M sold.
Based on aggregated 13F filings for Q2 2021.