Nuveen Select Maturities Municipal Fund
NIM
27 hedge funds and large institutions have $10.8M invested in Nuveen Select Maturities Municipal Fund in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 3 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
1% more capital invested
Capital invested by funds: $10.7M → $10.8M (+$156K)
0.03% less ownership
Funds ownership: 7.28% → 7.25% (-0.03%)
7% less funds holding
Funds holding: 29 → 27 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$145K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$93.6K |
| 3 |
LPL Financial
San Diego,
California
|
+$44.1K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$28.3K |
| 5 |
AIG
American International Group
New York
|
+$15.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$121K |
| 2 |
Morgan Stanley
New York
|
-$120K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$45.7K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$41.5K |
| 5 |
M&T Bank
Buffalo,
New York
|
-$26K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PSI
26
Pinnacle Summer Investments
Fairfax,
Virginia
| $12K | – | – | – |
|
27
Northern Trust
Chicago,
Illinois
| $3K | – | – | – |
|
|
WCM
28
Wealthcare Capital Management
Richmond,
Virginia
| $3K | +$3.42K | +330 | New |
|
|
FAAS
29
First Allied Advisory Services
San Diego,
California
| – | -$121K | -11,815 | Closed |
|
|
30
M&T Bank
Buffalo,
New York
| – | -$26K | -2,550 | Closed |
|
31
Citigroup
New York
| – | -$5K | -489 | Closed |
|
NIM Hedge Fund Activity: Q3 2014 in Review
27 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q3 2014, worth a combined $10.8M — up 1.5% from $10.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NIM and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was UBS, adding an estimated $145K. The largest seller was First Allied Advisory Services, exiting entirely with an estimated $121K sold.
- 27 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q3 2014, down from 29 in Q2 2014.
- Funds reported $10.8M of Nuveen Select Maturities Municipal Fund stock for Q3 2014, up 1.5% quarter-over-quarter.
- 1 fund opened new Nuveen Select Maturities Municipal Fund positions in Q3 2014 and 3 closed out, a net change of -2 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q3 2014 was UBS, an estimated $145K added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q3 2014 was First Allied Advisory Services, an estimated $121K sold.
Based on aggregated 13F filings for Q3 2014.