Nuveen Select Maturities Municipal Fund
NIM
35 hedge funds and large institutions have $14.1M invested in Nuveen Select Maturities Municipal Fund in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 4 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
1% more capital invested
Capital invested by funds: $14M → $14.1M (+$103K)
0.16% less ownership
Funds ownership: 11.18% → 11.02% (-0.16%)
8% less funds holding
Funds holding: 38 → 35 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$132K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$95K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$83.3K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$35.9K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$24.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$268K |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$159K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$147K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$79.1K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$39.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
LPL Financial
San Diego,
California
| $141K | +$10.4K | +1,015 | +8% |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $138K | – | – | – |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| $120K | -$3.08K | -300 | -3% |
|
|
DDPIC
29
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
| $119K | – | – | – |
|
30
Baird Financial Group
Milwaukee,
Wisconsin
| $110K | – | – | – |
|
|
HI
31
Hudock Inc
Williamsport,
Pennsylvania
| $77K | +$215 | +21 | +0.3% |
|
|
MRCM
32
M&R Capital Management
Summit,
New Jersey
| $75K | – | – | – |
|
|
DSC
33
Duncker Streett & Co
St. Louis,
Missouri
| $67K | – | – | – |
|
34
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $50K | – | – | – |
|
|
JCM
35
Jacobi Capital Management
Pittston,
Pennsylvania
| $45K | +$174 | +17 | +0.4% |
|
|
CRC
36
Curi RMB Capital
Chicago,
Illinois
| – | -$268K | -26,591 | Closed |
|
|
DA
37
Doliver Advisors
Houston,
Texas
| – | -$147K | -14,616 | Closed |
|
|
DADC
38
D.A. Davidson & Co
Great Falls,
Montana
| – | -$9K | -900 | Closed |
|
39
Creative Planning
Overland Park,
Kansas
| – | -$7K | -734 | Closed |
|
NIM Hedge Fund Activity: Q3 2017 in Review
35 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q3 2017, worth a combined $14.1M — up 0.74% from $14M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NIM and 1 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 13 added.
The largest buyer was Morgan Stanley, adding an estimated $132K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $268K sold.
- 35 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q3 2017, down from 38 in Q2 2017.
- Funds reported $14.1M of Nuveen Select Maturities Municipal Fund stock for Q3 2017, up 0.74% quarter-over-quarter.
- 1 fund opened new Nuveen Select Maturities Municipal Fund positions in Q3 2017 and 4 closed out, a net change of -3 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q3 2017 was Morgan Stanley, an estimated $132K added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q3 2017 was Curi RMB Capital, an estimated $268K sold.
Based on aggregated 13F filings for Q3 2017.