Nuveen Select Maturities Municipal Fund
NIM
32 hedge funds and large institutions have $10.8M invested in Nuveen Select Maturities Municipal Fund in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 7 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
1.09% less ownership
Funds ownership: 9.1% → 8.01% (-1.1%)
3% less funds holding
Funds holding: 33 → 32 (-1)
10% less capital invested
Capital invested by funds: $12M → $10.8M (-$1.2M)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$147K |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$146K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$139K |
| 4 |
MRCM
M&R Capital Management
Summit,
New Jersey
|
+$78.3K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$55.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.1M |
| 2 |
LPL Financial
San Diego,
California
|
-$628K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$206K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$113K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$107K |
NIM Hedge Fund Activity: Q2 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q2 2016, worth a combined $10.8M — down 10% from $12M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NIM and 6 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 11 added.
The largest buyer was Morgan Stanley, adding an estimated $147K. The largest seller was UBS Group, cutting an estimated $1.1M.
- 32 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q2 2016, down from 33 in Q1 2016.
- Funds reported $10.8M of Nuveen Select Maturities Municipal Fund stock for Q2 2016, down 10% quarter-over-quarter.
- 6 funds opened new Nuveen Select Maturities Municipal Fund positions in Q2 2016 and 7 closed out, a net change of -1 holder.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q2 2016 was Morgan Stanley, an estimated $147K added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q2 2016 was UBS Group, an estimated $1.1M sold.
Based on aggregated 13F filings for Q2 2016.