Nuveen Select Maturities Municipal Fund
NIM
29 hedge funds and large institutions have $9.13M invested in Nuveen Select Maturities Municipal Fund in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 6 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
4% more capital invested
Capital invested by funds: $8.82M → $9.13M (+$310K)
0.53% more ownership
Funds ownership: 6.8% → 7.33% (+0.53%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
3% less funds holding
Funds holding: 30 → 29 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $209K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$388K |
| 2 |
Goldman Sachs
New York
|
+$350K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$241K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$233K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$168K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$260K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$210K |
| 3 |
HK
Horizon Kinetics
New York
|
-$208K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$163K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$162K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PSI
26
Pinnacle Summer Investments
Fairfax,
Virginia
| $11K | +$10.6K | +1,100 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $4K | -$1.9K | -197 | -35% |
|
|
28
Northern Trust
Chicago,
Illinois
| $2K | +$233K | +24,100 | New |
|
|
29
HighTower Advisors
Chicago,
Illinois
| – | -$260K | -26,455 | Closed |
|
|
HK
30
Horizon Kinetics
New York
| – | -$208K | -21,500 | Closed |
|
|
DA
31
Doliver Advisors
Houston,
Texas
| – | -$210K | -21,343 | Closed |
|
|
WAM
32
Wolverine Asset Management
Chicago,
Illinois
| – | -$10K | -1,017 | Closed |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$10K | -1,000 | Closed |
|
34
Ameriprise
Minneapolis,
Minnesota
| – | -$8K | -840 | Closed |
|
35
Citigroup
New York
| – | +$145 | +15 | New |
|
36
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$967 | +100 | +100% |
|
NIM Hedge Fund Activity: Q3 2013 in Review
29 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q3 2013, worth a combined $9.13M — up 3.5% from $8.82M a quarter earlier.
Fund positioning in NIM was balanced in Q3 2013: 6 funds opened new positions, 6 closed out, 11 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $388K. The largest seller was HighTower Advisors, exiting entirely with an estimated $260K sold.
- 29 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q3 2013, down from 30 in Q2 2013.
- Funds reported $9.13M of Nuveen Select Maturities Municipal Fund stock for Q3 2013, up 3.5% quarter-over-quarter.
- 6 funds opened new Nuveen Select Maturities Municipal Fund positions in Q3 2013 and 6 closed out, a net change of 0 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q3 2013 was Morgan Stanley, an estimated $388K added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q3 2013 was HighTower Advisors, an estimated $260K sold.
Based on aggregated 13F filings for Q3 2013.