Nuveen Select Maturities Municipal Fund
NIM
31 hedge funds and large institutions have $10.6M invested in Nuveen Select Maturities Municipal Fund in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
17% more capital invested
Capital invested by funds: $9.05M → $10.6M (+$1.55M)
7% more funds holding
Funds holding: 29 → 31 (+2)
1.07% more ownership
Funds ownership: 7.25% → 8.32% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$593K |
| 2 |
Morgan Stanley
New York
|
+$265K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$149K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$104K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$33.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$76.2K |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$47.8K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$30.3K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$16.2K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $43K | +$162 | +16 | +0.4% |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $27K | +$26.3K | +2,600 | New |
|
28
Envestnet Asset Management
Chicago,
Illinois
| $13K | – | – | – |
|
29
Citigroup
New York
| $12K | +$1.63K | +161 | +16% |
|
|
PSI
30
Pinnacle Summer Investments
Fairfax,
Virginia
| $11K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | +$394 | +39 | New |
|
NIM Hedge Fund Activity: Q4 2015 in Review
31 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q4 2015, worth a combined $10.6M — up 17% from $9.05M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NIM positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was LPL Financial, adding an estimated $593K. The largest seller was UBS Group, cutting an estimated $76.2K.
- 31 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q4 2015, up from 29 in Q3 2015.
- Funds reported $10.6M of Nuveen Select Maturities Municipal Fund stock for Q4 2015, up 17% quarter-over-quarter.
- 3 funds opened new Nuveen Select Maturities Municipal Fund positions in Q4 2015 and 1 closed out, a net change of +2 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q4 2015 was LPL Financial, an estimated $593K added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q4 2015 was UBS Group, an estimated $76.2K sold.
Based on aggregated 13F filings for Q4 2015.