Nuveen Select Maturities Municipal Fund
NIM
38 hedge funds and large institutions have $13.6M invested in Nuveen Select Maturities Municipal Fund in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
9% more funds holding
Funds holding: 35 → 38 (+3)
0.05% less ownership
Funds ownership: 11.02% → 10.96% (-0.05%)
4% less capital invested
Capital invested by funds: $14.1M → $13.6M (-$544K)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$187K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$166K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$159K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$156K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$139K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$277K |
| 2 |
CBTWT
Community Bank & Trust (Waco, Texas)
Waco,
Texas
|
-$180K |
| 3 |
GP
Geneva Partners
Lake Geneva,
Wisconsin
|
-$145K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$121K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$120K |
NIM Hedge Fund Activity: Q4 2017 in Review
38 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q4 2017, worth a combined $13.6M — down 3.8% from $14.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NIM positions and 5 closed out — a net gain of 3 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $187K. The largest seller was Financial & Investment Management Group, exiting entirely with an estimated $277K sold.
- 38 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q4 2017, up from 35 in Q3 2017.
- Funds reported $13.6M of Nuveen Select Maturities Municipal Fund stock for Q4 2017, down 3.8% quarter-over-quarter.
- 8 funds opened new Nuveen Select Maturities Municipal Fund positions in Q4 2017 and 5 closed out, a net change of +3 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q4 2017 was Raymond James Financial Services Advisors, an estimated $187K added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q4 2017 was Financial & Investment Management Group, an estimated $277K sold.
Based on aggregated 13F filings for Q4 2017.