Nuveen Select Maturities Municipal Fund
NIM
37 hedge funds and large institutions have $12.8M invested in Nuveen Select Maturities Municipal Fund in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
28% more funds holding
Funds holding: 29 → 37 (+8)
20% more capital invested
Capital invested by funds: $10.7M → $12.8M (+$2.13M)
2.54% more ownership
Funds ownership: 8.05% → 10.59% (+2.5%)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.43M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
+$655K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$332K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$243K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBTWT
Community Bank & Trust (Waco, Texas)
Waco,
Texas
|
-$151K |
| 2 |
CB
Commerce Bank
Kansas City,
Missouri
|
-$139K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$72.5K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$35.2K |
| 5 |
HI
Hudock Inc
Williamsport,
Pennsylvania
|
-$30.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DDPIC
26
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
| $112K | – | – | – |
|
27
HighTower Advisors
Chicago,
Illinois
| $112K | +$242 | +24 | +0.2% |
|
|
DSC
28
Duncker Streett & Co
St. Louis,
Missouri
| $112K | +$116K | +11,500 | New |
|
|
CRC
29
Curi RMB Capital
Chicago,
Illinois
| $107K | +$111K | +11,025 | New |
|
30
Creative Planning
Overland Park,
Kansas
| $88K | +$54K | +5,356 | +147% |
|
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| $87K | -$72.5K | -7,200 | -45% |
|
|
HI
32
Hudock Inc
Williamsport,
Pennsylvania
| $72K | -$30.4K | -3,017 | -29% |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| $72K | +$74.5K | +7,400 | New |
|
|
MRCM
34
M&R Capital Management
Summit,
New Jersey
| $71K | – | – | – |
|
35
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $46K | +$48.4K | +4,800 | New |
|
|
JCM
36
Jacobi Capital Management
Pittston,
Pennsylvania
| $43K | +$181 | +18 | +0.4% |
|
|
AG
37
Advisor Group
Phoenix,
Arizona
| $26K | -$20.1K | -2,000 | -43% |
|
|
CB
38
Commerce Bank
Kansas City,
Missouri
| – | -$139K | -13,000 | Closed |
|
NIM Hedge Fund Activity: Q4 2016 in Review
37 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q4 2016, worth a combined $12.8M — up 20% from $10.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NIM positions and 1 closed out — a net gain of 8 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $1.43M. The largest seller was Community Bank & Trust (Waco, Texas), cutting an estimated $151K.
- 37 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q4 2016, up from 29 in Q3 2016.
- Funds reported $12.8M of Nuveen Select Maturities Municipal Fund stock for Q4 2016, up 20% quarter-over-quarter.
- 9 funds opened new Nuveen Select Maturities Municipal Fund positions in Q4 2016 and 1 closed out, a net change of +8 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q4 2016 was Bank of America, an estimated $1.43M added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q4 2016 was Community Bank & Trust (Waco, Texas), an estimated $151K sold.
Based on aggregated 13F filings for Q4 2016.