We are live on ! Find out more
NIM icon

Nuveen Select Maturities Municipal Fund
NIM

40 hedge funds and large institutions have $16.9M invested in Nuveen Select Maturities Municipal Fund in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.75% less ownership

Funds ownership: 15.19% → 14.44% (-0.75%)

9% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 11

9% less funds holding

Funds holding: 44 → 40 (-4)

40% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 10

58% less capital invested

Capital invested by funds: $40.6M → $16.9M (-$23.7M)

Holders
40
Holders Change
-4
Holders Change %
-9.09%
% of All Funds
0.89%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
10
Reduced
11
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
1CP
1607 Capital Partners
Virginia
+$2.41M
2
RVPG
Relative Value Partners Group
+$510K
3
Wells Fargo
Wells Fargo
California
+$379K
4
NA
NewEdge Advisors
Louisiana
+$369K
5
DWT
Dorsey & Whitney Trust
South Dakota
+$170K

Top Sellers

Rank Fund Capital Flow
1
CWM
Cornerstone Wealth Management
Missouri
-$24.9M
2
Bank of America
Bank of America
North Carolina
-$800K
3
RJFSA
Raymond James Financial Services Advisors
Florida
-$422K
4
RCM
Rivernorth Capital Management
Florida
-$305K
5
PAS
Park Avenue Securities
New York
-$224K
Name Holding Trade Value Shares
Change 		Change in
Stake
LTFS
26
Ladenburg Thalmann Financial Services
Florida
$132K +$19 +2 +0%
HH
27
Hilltop Holdings
Texas
$126K +$6.93K +726 +6%
Susquehanna International Group
28
Susquehanna International Group
Pennsylvania
$121K -$92.4K -9,690 -43%
KIM
29
Karpus Investment Management
New York
$117K -$96.3K -10,095 -45%
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$116K – – –
DDPIC
31
Deroy & Devereaux Private Investment Counsel
Michigan
$110K – – –
Baird Financial Group
32
Baird Financial Group
Wisconsin
$103K – – –
IA
33
IFP Advisors
Florida
$77K – – –
MRCM
34
M&R Capital Management
New Jersey
$70K – – –
SF
35
Synovus Financial
Georgia
$50K +$50.4K +5,283 New
AIC
36
Ameritas Investment Company
Nebraska
$34K +$33.4K +3,500 New
JCM
37
Jacobi Capital Management
Pennsylvania
$33K +$134 +14 +0.4%
DSC
38
Duncker Streett & Co
Missouri
$29K – – –
GWA
39
Guidant Wealth Advisors
Illinois
$14K – – –
NA
40
NewEdge Advisors
Louisiana
$372 +$369K +38,724 New
CWM
41
Cornerstone Wealth Management
Missouri
– -$24.9M -257,007 Closed
RJFSA
42
Raymond James Financial Services Advisors
Florida
– -$422K -44,096 Closed
RCM
43
Rivernorth Capital Management
Florida
– -$305K -31,835 Closed
PAS
44
Park Avenue Securities
New York
– -$224K -23,218 Closed
Envestnet Asset Management
45
Envestnet Asset Management
Illinois
– -$202K -21,120 Closed
BTS
46
BB&T Securities
Virginia
– -$100K -10,500 Closed
SWP
47
Stratos Wealth Partners
Ohio
– -$36K -3,773 Closed
SPIA
48
Steward Partners Investment Advisory
New York
– -$29K -3,000 Closed
HI
49
Hudock Inc
Pennsylvania
– -$25K -2,636 Closed
Northwestern Mutual Wealth Management
50
Northwestern Mutual Wealth Management
Wisconsin
– -$12K -1,294 Closed
1
2

NIM Hedge Fund Activity: Q4 2018 in Review

40 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q4 2018, worth a combined $16.9M — down 58% from $40.6M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of NIM and 6 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 10 added.

The largest buyer was 1607 Capital Partners, adding an estimated $2.41M. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $24.9M sold.

  • 40 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q4 2018, down from 44 in Q3 2018.
  • Funds reported $16.9M of Nuveen Select Maturities Municipal Fund stock for Q4 2018, down 58% quarter-over-quarter.
  • 6 funds opened new Nuveen Select Maturities Municipal Fund positions in Q4 2018 and 10 closed out, a net change of -4 holders.
  • The largest Nuveen Select Maturities Municipal Fund buyer in Q4 2018 was 1607 Capital Partners, an estimated $2.41M added.
  • The largest Nuveen Select Maturities Municipal Fund seller in Q4 2018 was Cornerstone Wealth Management, an estimated $24.9M sold.

Based on aggregated 13F filings for Q4 2018.