Nuveen Select Maturities Municipal Fund
NIM
36 hedge funds and large institutions have $20M invested in Nuveen Select Maturities Municipal Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 3 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
8% more capital invested
Capital invested by funds: $18.5M → $20M (+$1.47M)
1.16% more ownership
Funds ownership: 14.26% → 15.42% (+1.2%)
0% more funds holding
Funds holding: 36 → 36 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$961K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$359K |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$320K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$261K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
-$407K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$168K |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$111K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$104K |
| 5 |
DSC
Duncker Streett & Co
St. Louis,
Missouri
|
-$31K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SS
26
Sunbelt Securities
Houston,
Texas
| $117K | +$117K | +11,265 | New |
|
|
WA
27
Winfield Associates
Cleveland,
Ohio
| $114K | +$114K | +11,000 | New |
|
28
Baird Financial Group
Milwaukee,
Wisconsin
| $111K | – | – | – |
|
|
SPC
29
Sigma Planning Corp
Ann Arbor,
Michigan
| $107K | -$111K | -10,650 | -51% |
|
|
MRCM
30
M&R Capital Management
Summit,
New Jersey
| $75K | – | – | – |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| $69K | – | – | – |
|
|
BEI
32
Benjamin Edwards Inc
Clayton,
Missouri
| $66K | +$957 | +92 | +1% |
|
|
RIA
33
Realta Investment Advisors
Wilmington,
Delaware
| $60K | – | – | – |
|
|
JCM
34
Jacobi Capital Management
Pittston,
Pennsylvania
| $36K | +$104 | +10 | +0.3% |
|
|
SPIA
35
Steward Partners Investment Advisory
New York
| $31K | – | – | – |
|
|
IRC
36
Investors Research Corp
Atlanta,
Georgia
| $13K | – | – | – |
|
|
37
Koshinski Asset Management
Decatur,
Illinois
| – | -$407K | -39,008 | Closed |
|
|
DSC
38
Duncker Streett & Co
St. Louis,
Missouri
| – | -$31K | -3,000 | Closed |
|
|
IWA
39
IBEX Wealth Advisors
Bedminster,
New Jersey
| – | -$12K | -1,200 | Closed |
|
NIM Hedge Fund Activity: Q3 2019 in Review
36 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q3 2019, worth a combined $20M — up 8% from $18.5M a quarter earlier.
Fund positioning in NIM was balanced in Q3 2019: 3 funds opened new positions, 3 closed out, 11 added to existing stakes and 6 trimmed.
The largest buyer was NewEdge Advisors, opening a new position worth an estimated $961K. The largest seller was Koshinski Asset Management, exiting entirely with an estimated $407K sold.
- 36 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $20M of Nuveen Select Maturities Municipal Fund stock for Q3 2019, up 8% quarter-over-quarter.
- 3 funds opened new Nuveen Select Maturities Municipal Fund positions in Q3 2019 and 3 closed out, a net change of 0 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q3 2019 was NewEdge Advisors, an estimated $961K added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q3 2019 was Koshinski Asset Management, an estimated $407K sold.
Based on aggregated 13F filings for Q3 2019.