Nuveen Select Maturities Municipal Fund
NIM
40 hedge funds and large institutions have $17.2M invested in Nuveen Select Maturities Municipal Fund in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 9 closing their positions.
10% more capital invested
Capital invested by funds: $15.6M → $17.2M (+$1.6M)
1.32% more ownership
Funds ownership: 13.12% → 14.44% (+1.3%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
7% less funds holding
Funds holding: 43 → 40 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.41M |
| 2 |
RVPG
Relative Value Partners Group
|
+$510K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$379K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$369K |
| 5 |
DWT
Dorsey & Whitney Trust
Sioux Falls,
South Dakota
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$800K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$422K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$305K |
| 4 |
PAS
Park Avenue Securities
New York
|
-$224K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$202K |
NIM Hedge Fund Activity: Q4 2018 in Review
40 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q4 2018, worth a combined $17.2M — up 10% from $15.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NIM and 6 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 10 added.
The largest buyer was 1607 Capital Partners, adding an estimated $2.41M. The largest seller was Bank of America, cutting an estimated $800K.
- 40 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q4 2018, down from 43 in Q3 2018.
- Funds reported $17.2M of Nuveen Select Maturities Municipal Fund stock for Q4 2018, up 10% quarter-over-quarter.
- 6 funds opened new Nuveen Select Maturities Municipal Fund positions in Q4 2018 and 9 closed out, a net change of -3 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q4 2018 was 1607 Capital Partners, an estimated $2.41M added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q4 2018 was Bank of America, an estimated $800K sold.
Based on aggregated 13F filings for Q4 2018.