NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
NID was delisted on the 24th of March, 2023.
72 hedge funds and large institutions have $118M invested in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND in 2022 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
9% more funds holding
Funds holding: 66 → 72 (+6)
3% more capital invested
Capital invested by funds: $114M → $118M (+$3.41M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$3.9M |
| 2 |
Morgan Stanley
New York
|
+$2.1M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.12M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$1.1M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$993K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$1.86M |
| 2 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$527K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
-$410K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$398K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$305K |
NID Hedge Fund Activity: Q3 2022 in Review
72 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) for Q3 2022, worth a combined $118M — up 3% from $114M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NID positions and 5 closed out — a net gain of 7 holders — while 24 added to existing stakes and 15 trimmed.
The largest buyer was Icon Advisers, opening a new position worth an estimated $3.9M. The largest seller was VanEck Associates, exiting entirely with an estimated $1.86M sold.
- 72 institutional investors held NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND (NID) as of Q3 2022, up from 66 in Q2 2022.
- Funds reported $118M of NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND stock for Q3 2022, up 3% quarter-over-quarter.
- 12 funds opened new NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND positions in Q3 2022 and 5 closed out, a net change of +7 holders.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND buyer in Q3 2022 was Icon Advisers, an estimated $3.9M added.
- The largest NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND seller in Q3 2022 was VanEck Associates, an estimated $1.86M sold.
Based on aggregated 13F filings for Q3 2022.