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Nuveen Select Maturities Municipal Fund
NIM

56 hedge funds and large institutions have $42.7M invested in Nuveen Select Maturities Municipal Fund in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 12

30% more capital invested

Capital invested by funds: $32.9M → $42.7M (+$9.83M)

7.72% more ownership

Funds ownership: 31.16% → 38.89% (+7.7%)

3% less funds holding

Funds holding: 58 → 56 (-2)

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

Holders
56
Holders Change
-2
Holders Change %
-3.45%
% of All Funds
0.82%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
19
Reduced
12
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$6.7M
2
TIM
Tortoise Investment Management
New York
+$935K
3
1CP
1607 Capital Partners
Virginia
+$810K
4
GC
Guggenheim Capital
Illinois
+$450K
5
LCM
Landscape Capital Management
New Jersey
+$322K

Top Sellers

Rank Fund Capital Flow
1
WAM
Wakefield Asset Management
Colorado
-$573K
2
JIR
James Investment Research
Ohio
-$348K
3
TJHA
Thomas J. Herzfeld Advisors
Florida
-$251K
4
DC
Davenport & Co
Virginia
-$190K
5
AIM
Anchor Investment Management
South Carolina
-$125K
Name Holding Trade Value Shares
Change 		Change in
Stake
Janney Montgomery Scott
26
Janney Montgomery Scott
Pennsylvania
$199K – – –
Commonwealth Equity Services
27
Commonwealth Equity Services
Massachusetts
$196K -$62.4K -7,209 -24%
ACM
28
Arlington Capital Management
Illinois
$192K +$189K +21,786 New
HKAM
29
Horizon Kinetics Asset Management
New York
$190K – – –
DC
30
Davenport & Co
Virginia
$183K -$190K -22,000 -51%
AWM
31
Avior Wealth Management
Nebraska
$183K -$7.83K -905 -4%
LIG
32
Lokken Investment Group
Delaware
$178K – – –
Koshinski Asset Management
33
Koshinski Asset Management
Illinois
$169K -$58.9K -6,808 -26%
Susquehanna International Group
34
Susquehanna International Group
Pennsylvania
$155K +$4.78K +552 +3%
DAS
35
Dynamic Advisor Solutions
Arizona
$155K +$17K +1,961 +13%
JIR
36
James Investment Research
Ohio
$146K -$348K -40,202 -71%
Northwestern Mutual Wealth Management
37
Northwestern Mutual Wealth Management
Wisconsin
$146K +$49K +5,668 +52%
Osaic Holdings
38
Osaic Holdings
Arizona
$143K +$32.3K +3,738 +30%
RJA
39
Raymond James & Associates
Florida
$126K -$69.2K -8,000 -36%
RJT
40
Raymond James Trust
Florida
$121K – – –
WS
41
Wedbush Securities
California
$115K -$16.5K -1,906 -13%
SWA
42
Sightline Wealth Advisors
Connecticut
$115K +$692 +80 +0.6%
CAPTRUST Financial Advisors
43
CAPTRUST Financial Advisors
North Carolina
$104K +$102K +11,770 New
Truist Financial
44
Truist Financial
North Carolina
$101K – – –
DDPIC
45
Deroy & Devereaux Private Investment Counsel
Michigan
$101K – – –
FPAS
46
Focus Partners Advisor Solutions
Missouri
$96.7K -$57.3K -6,623 -38%
CAM
47
Crestone Asset Management
Colorado
$94.1K – – –
IA
48
IFP Advisors
Florida
$79.2K +$2.99K +346 +4%
BC
49
Barrett & Company
Rhode Island
$52.9K – – –
CT
50
Colonial Trust
South Carolina
$44.1K – – –
1
2
3

NIM Hedge Fund Activity: Q4 2023 in Review

56 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q4 2023, worth a combined $42.7M — up 30% from $32.9M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of NIM and 7 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 19 added.

The largest buyer was Morgan Stanley, adding an estimated $6.7M. The largest seller was Wakefield Asset Management, exiting entirely with an estimated $573K sold.

  • 56 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q4 2023, down from 58 in Q3 2023.
  • Funds reported $42.7M of Nuveen Select Maturities Municipal Fund stock for Q4 2023, up 30% quarter-over-quarter.
  • 7 funds opened new Nuveen Select Maturities Municipal Fund positions in Q4 2023 and 9 closed out, a net change of -2 holders.
  • The largest Nuveen Select Maturities Municipal Fund buyer in Q4 2023 was Morgan Stanley, an estimated $6.7M added.
  • The largest Nuveen Select Maturities Municipal Fund seller in Q4 2023 was Wakefield Asset Management, an estimated $573K sold.

Based on aggregated 13F filings for Q4 2023.