Nuveen Select Maturities Municipal Fund
NIM
57 hedge funds and large institutions have $32M invested in Nuveen Select Maturities Municipal Fund in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 5 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
3% more capital invested
Capital invested by funds: $31.1M → $32M (+$959K)
0.6% more ownership
Funds ownership: 27.52% → 28.13% (+0.6%)
3% less funds holding
Funds holding: 59 → 57 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$645K |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$606K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$574K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$403K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$596K |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
-$308K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$278K |
| 4 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$182K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$150K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CT
51
Colonial Trust
Spartanburg,
South Carolina
| $46.1K | – | – | – |
|
|
ASN
52
Advisory Services Network
Atlanta,
Georgia
| $41.6K | +$214 | +23 | +0.5% |
|
|
MRCM
53
M&R Capital Management
Summit,
New Jersey
| $30.5K | – | – | – |
|
|
TJHA
54
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $12.4K | +$2.04K | +220 | +20% |
|
|
FCT
55
First Community Trust
Dubuque,
Iowa
| $7.94K | – | – | – |
|
56
Commonwealth Equity Services
Waltham,
Massachusetts
| $294 | +$1.51K | +163 | +0.5% |
|
|
57
Koshinski Asset Management
Decatur,
Illinois
| – | -$308K | -34,008 | Closed |
|
|
ACM
58
Arlington Capital Management
Arlington Heights,
Illinois
| – | -$182K | -20,079 | Closed |
|
|
59
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$150K | -16,599 | Closed |
|
|
WP
60
Woodline Partners
San Francisco,
California
| – | -$140K | -15,400 | Closed |
|
|
MSCM
61
McElhenny Sheffield Capital Management
Dallas,
Texas
| – | -$39.9K | -4,400 | Closed |
|
|
FIA
62
FNY Investment Advisers
New York
| – | +$929 | +100 | New |
|
NIM Hedge Fund Activity: Q1 2023 in Review
57 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q1 2023, worth a combined $32M — up 3.1% from $31.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NIM and 3 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 20 added.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $645K. The largest seller was Morgan Stanley, cutting an estimated $596K.
- 57 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q1 2023, down from 59 in Q4 2022.
- Funds reported $32M of Nuveen Select Maturities Municipal Fund stock for Q1 2023, up 3.1% quarter-over-quarter.
- 3 funds opened new Nuveen Select Maturities Municipal Fund positions in Q1 2023 and 5 closed out, a net change of -2 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q1 2023 was Hennion & Walsh Asset Management, an estimated $645K added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q1 2023 was Morgan Stanley, an estimated $596K sold.
Based on aggregated 13F filings for Q1 2023.