Nuveen Select Maturities Municipal Fund
NIM
24 hedge funds and large institutions have $9.8M invested in Nuveen Select Maturities Municipal Fund in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 3 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
0.74% less ownership
Funds ownership: 6.95% → 6.2% (-0.74%)
8% less funds holding
Funds holding: 26 → 24 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
82% less capital inflows, than outflows
Capital inflows: $218K | Capital outflows: $1.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$141K |
| 2 |
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$30.1K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$26.7K |
| 4 |
Citigroup
New York
|
+$18.2K |
| 5 |
Hudock Inc
Williamsport,
Pennsylvania
|
+$846 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$300K |
| 2 |
Morgan Stanley
New York
|
-$272K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$259K |
| 4 |
Virtu KCG Holdings
New York
|
-$163K |
| 5 |
National Planning Corporation
El Segundo,
California
|
-$107K |
NIM Hedge Fund Activity: Q1 2015 in Review
24 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q1 2015, worth a combined $9.8M — down 8.7% from $10.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NIM and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Royal Bank of Canada, opening a new position worth an estimated $141K. The largest seller was Bank of America, cutting an estimated $300K.
- 24 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q1 2015, down from 26 in Q4 2014.
- Funds reported $9.8M of Nuveen Select Maturities Municipal Fund stock for Q1 2015, down 8.7% quarter-over-quarter.
- 1 fund opened new Nuveen Select Maturities Municipal Fund positions in Q1 2015 and 3 closed out, a net change of -2 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q1 2015 was Royal Bank of Canada, an estimated $141K added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q1 2015 was Bank of America, an estimated $300K sold.
Based on aggregated 13F filings for Q1 2015.