Nuveen Select Maturities Municipal Fund
NIM
37 hedge funds and large institutions have $18M invested in Nuveen Select Maturities Municipal Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 7 closing their positions.
7% more capital invested
Capital invested by funds: $16.9M → $18M (+$1.13M)
0.38% more ownership
Funds ownership: 14.44% → 14.82% (+0.38%)
8% less funds holding
Funds holding: 40 → 37 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.91M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$396K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$41.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$26.9K |
| 5 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$25.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$463K |
| 2 |
Morgan Stanley
New York
|
-$459K |
| 3 |
LPL Financial
San Diego,
California
|
-$143K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$121K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$117K |
NIM Hedge Fund Activity: Q1 2019 in Review
37 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q1 2019, worth a combined $18M — up 6.7% from $16.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NIM and 5 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 7 added.
The largest buyer was 1607 Capital Partners, adding an estimated $1.91M. The largest seller was Bank of America, cutting an estimated $463K.
- 37 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q1 2019, down from 40 in Q4 2018.
- Funds reported $18M of Nuveen Select Maturities Municipal Fund stock for Q1 2019, up 6.7% quarter-over-quarter.
- 5 funds opened new Nuveen Select Maturities Municipal Fund positions in Q1 2019 and 7 closed out, a net change of -2 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q1 2019 was 1607 Capital Partners, an estimated $1.91M added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q1 2019 was Bank of America, an estimated $463K sold.
Based on aggregated 13F filings for Q1 2019.