Nuveen Select Maturities Municipal Fund
NIM
28 hedge funds and large institutions have $9.46M invested in Nuveen Select Maturities Municipal Fund in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
17% more funds holding
Funds holding: 24 → 28 (+4)
1.32% more ownership
Funds ownership: 6.2% → 7.52% (+1.3%)
3% less capital invested
Capital invested by funds: $9.77M → $9.46M (-$311K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIR
James Investment Research
Alpha,
Ohio
|
+$1.34M |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
+$337K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$210K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$105K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$70.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$390K |
| 2 |
Morgan Stanley
New York
|
-$71.5K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$60.2K |
| 4 |
AIG
American International Group
New York
|
-$27.2K |
| 5 |
Citigroup
New York
|
-$22K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PSI
26
Pinnacle Summer Investments
Fairfax,
Virginia
| $11K | – | – | – |
|
|
DADC
27
D.A. Davidson & Co
Great Falls,
Montana
| $8K | +$8.31K | +800 | New |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $4K | +$4.31K | +415 | New |
|
|
29
Goldman Sachs
New York
| – | -$390K | -36,199 | Closed |
|
|
30
Citigroup
New York
| – | -$22K | -2,086 | Closed |
|
|
MFS
31
MSI Financial Services
Springfield,
Massachusetts
| – | -$19K | -1,750 | Closed |
|
NIM Hedge Fund Activity: Q2 2015 in Review
28 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q2 2015, worth a combined $9.46M — down 3.2% from $9.77M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NIM positions and 3 closed out — a net gain of 5 holders — while 8 added to existing stakes and 5 trimmed.
The largest buyer was James Investment Research, opening a new position worth an estimated $1.34M. The largest seller was Goldman Sachs, exiting entirely with an estimated $390K sold.
- 28 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q2 2015, up from 24 in Q1 2015.
- Funds reported $9.46M of Nuveen Select Maturities Municipal Fund stock for Q2 2015, down 3.2% quarter-over-quarter.
- 8 funds opened new Nuveen Select Maturities Municipal Fund positions in Q2 2015 and 3 closed out, a net change of +5 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q2 2015 was James Investment Research, an estimated $1.34M added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q2 2015 was Goldman Sachs, an estimated $390K sold.
Based on aggregated 13F filings for Q2 2015.