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Nuveen Select Maturities Municipal Fund

31 hedge funds and large institutions have $10.6M invested in Nuveen Select Maturities Municipal Fund in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

50% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 6

17% more capital invested

Capital invested by funds: $9.05M → $10.6M (+$1.55M)

7% more funds holding

Funds holding: 2931 (+2)

1.07% more ownership

Funds ownership: 7.25%8.32% (+1.1%)

Holders
31
Holders Change
+2
Holders Change %
+6.9%
% of All Funds
0.81%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
9
Reduced
6
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Stifel Financial
1
Stifel Financial
Missouri
$1.7M -$30.3K -3,000 -2%
UBS Group
2
UBS Group
Switzerland
$1.42M -$76.2K -7,542 -5%
Morgan Stanley
3
Morgan Stanley
New York
$1.29M +$265K +26,182 +26%
LPL Financial
4
LPL Financial
California
$985K +$593K +58,673 +159%
JIR
5
James Investment Research
Ohio
$944K
Wells Fargo
6
Wells Fargo
California
$512K +$26.2K +2,597 +5%
Koshinski Asset Management
7
Koshinski Asset Management
Illinois
$353K
Bank of America
8
Bank of America
North Carolina
$338K -$16.2K -1,599 -5%
CBTWT
9
Community Bank & Trust (Waco, Texas)
Texas
$332K +$328K +32,463 New
BFEC
10
Benjamin F. Edwards & Company
Missouri
$310K -$47.8K -4,732 -14%
NCM
11
Narwhal Capital Management
Georgia
$272K
VKH
12
Virtu KCG Holdings
New York
$255K +$149K +14,795 +146%
HK
13
Horizon Kinetics
New York
$220K
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$220K
DC
15
Davenport & Co
Virginia
$173K
HI
16
Hudock Inc
Pennsylvania
$157K +$1.59K +157 +1%
Invesco
17
Invesco
Georgia
$143K -$2.14K -212 -1%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$135K
CB
19
Commerce Bank
Missouri
$133K
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$123K +$104K +10,302 +611%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$122K
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$119K -$12K -1,183 -9%
DDPIC
23
Deroy & Devereaux Private Investment Counsel
Michigan
$118K
NFG
24
Next Financial Group
Texas
$60K
WAM
25
Wolverine Asset Management
Illinois
$56K +$33.5K +3,317 +153%

NIM Hedge Fund Activity: Q4 2015 in Review

31 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q4 2015, worth a combined $10.6M — up 17% from $9.05M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new NIM positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 6 trimmed.

The largest buyer was LPL Financial, adding an estimated $593K. The largest seller was UBS Group, cutting an estimated $76.2K.

  • 31 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q4 2015, up from 29 in Q3 2015.
  • Funds reported $10.6M of Nuveen Select Maturities Municipal Fund stock for Q4 2015, up 17% quarter-over-quarter.
  • 3 funds opened new Nuveen Select Maturities Municipal Fund positions in Q4 2015 and 1 closed out, a net change of +2 holders.
  • The largest Nuveen Select Maturities Municipal Fund buyer in Q4 2015 was LPL Financial, an estimated $593K added.
  • The largest Nuveen Select Maturities Municipal Fund seller in Q4 2015 was UBS Group, an estimated $76.2K sold.

Based on aggregated 13F filings for Q4 2015.