Nuveen Select Maturities Municipal Fund
NIM
38 hedge funds and large institutions have $14M invested in Nuveen Select Maturities Municipal Fund in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 2 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
0.54% less ownership
Funds ownership: 11.72% → 11.18% (-0.54%)
3% less capital invested
Capital invested by funds: $14.5M → $14M (-$431K)
3% less funds holding
Funds holding: 39 → 38 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$78K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$57.9K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$49.7K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$41.2K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$23.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$308K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$173K |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
-$158K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$102K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$76.2K |
NIM Hedge Fund Activity: Q2 2017 in Review
38 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q2 2017, worth a combined $14M — down 3% from $14.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NIM and 1 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 11 added.
The largest buyer was Morgan Stanley, adding an estimated $78K. The largest seller was LPL Financial, cutting an estimated $308K.
- 38 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q2 2017, down from 39 in Q1 2017.
- Funds reported $14M of Nuveen Select Maturities Municipal Fund stock for Q2 2017, down 3% quarter-over-quarter.
- 1 fund opened new Nuveen Select Maturities Municipal Fund positions in Q2 2017 and 2 closed out, a net change of -1 holder.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q2 2017 was Morgan Stanley, an estimated $78K added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q2 2017 was LPL Financial, an estimated $308K sold.
Based on aggregated 13F filings for Q2 2017.