Nuveen Select Maturities Municipal Fund
NIM
29 hedge funds and large institutions have $10.7M invested in Nuveen Select Maturities Municipal Fund in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
0.05% more ownership
Funds ownership: 8.01% → 8.05% (+0.05%)
0% less capital invested
Capital invested by funds: $10.8M → $10.7M (-$47K)
9% less funds holding
Funds holding: 32 → 29 (-3)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$184K |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$117K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$108K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$66.1K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$39.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$90.8K |
| 2 |
Morgan Stanley
New York
|
-$58.3K |
| 3 |
HI
Hudock Inc
Williamsport,
Pennsylvania
|
-$55.1K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$34K |
| 5 |
EWM
Evercore Wealth Management
New York
|
-$20K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MRCM
26
M&R Capital Management
Summit,
New Jersey
| $78K | – | – | – |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $49K | – | – | – |
|
|
JCM
28
Jacobi Capital Management
Pittston,
Pennsylvania
| $46K | +$173 | +16 | +0.4% |
|
|
29
Creative Planning
Overland Park,
Kansas
| $39K | +$39.4K | +3,653 | New |
|
|
30
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$34K | -3,100 | Closed |
|
|
EWM
31
Evercore Wealth Management
New York
| – | -$20K | -1,883 | Closed |
|
|
SBL
32
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$9K | -833 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$2K | -200 | Closed |
|
NIM Hedge Fund Activity: Q3 2016 in Review
29 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q3 2016, worth a combined $10.7M — down 0.44% from $10.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NIM and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $184K. The largest seller was Wells Fargo, cutting an estimated $90.8K.
- 29 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q3 2016, down from 32 in Q2 2016.
- Funds reported $10.7M of Nuveen Select Maturities Municipal Fund stock for Q3 2016, down 0.44% quarter-over-quarter.
- 2 funds opened new Nuveen Select Maturities Municipal Fund positions in Q3 2016 and 4 closed out, a net change of -2 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q3 2016 was Janney Montgomery Scott, an estimated $184K added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q3 2016 was Wells Fargo, an estimated $90.8K sold.
Based on aggregated 13F filings for Q3 2016.