NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
66 hedge funds and large institutions have $114M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 24 reducing their positions, and 9 closing their positions.
4% less funds holding
Funds holding: 69 → 66 (-3)
6% less capital invested
Capital invested by funds: $121M → $114M (-$7.08M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
38% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.85M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.42M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$659K |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$402K |
| 5 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$395K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.19M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$744K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
-$720K |
| 4 |
VanEck Associates
New York
|
-$694K |
| 5 |
XF
XML Financial
Bethesda,
Maryland
|
-$356K |
NID Hedge Fund Activity: Q2 2022 in Review
66 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q2 2022, worth a combined $114M — down 5.9% from $121M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NID and 6 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 15 added.
The largest buyer was Morgan Stanley, adding an estimated $2.85M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $1.19M sold.
- 66 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q2 2022, down from 69 in Q1 2022.
- Funds reported $114M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q2 2022, down 5.9% quarter-over-quarter.
- 6 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q2 2022 and 9 closed out, a net change of -3 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q2 2022 was Morgan Stanley, an estimated $2.85M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q2 2022 was Sit Investment Associates, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2022.