Nuveen Select Maturities Municipal Fund
NIM
38 hedge funds and large institutions have $21.8M invested in Nuveen Select Maturities Municipal Fund in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 3 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
0.45% less ownership
Funds ownership: 17.16% → 16.71% (-0.45%)
5% less funds holding
Funds holding: 40 → 38 (-2)
32% less capital inflows, than outflows
Capital inflows: $1.25M | Capital outflows: $1.83M
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$426K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$287K |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
+$223K |
| 4 |
Davenport & Co
Richmond,
Virginia
|
+$131K |
| 5 |
Anchor Investment Management
Columbia,
South Carolina
|
+$82.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1607 Capital Partners
Richmond,
Virginia
|
-$1.17M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$251K |
| 3 |
Goldman Sachs
New York
|
-$128K |
| 4 |
1776 Wealth
Atlanta,
Georgia
|
-$95K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$40.5K |
NIM Hedge Fund Activity: Q3 2020 in Review
38 of the 4,972 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q3 2020, worth a combined $21.8M — down 0.19% from $21.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NIM and 1 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 12 added.
The largest buyer was Royal Bank of Canada, adding an estimated $426K. The largest seller was 1607 Capital Partners, cutting an estimated $1.17M.
- 38 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q3 2020, down from 40 in Q2 2020.
- Funds reported $21.8M of Nuveen Select Maturities Municipal Fund stock for Q3 2020, down 0.19% quarter-over-quarter.
- 1 fund opened new Nuveen Select Maturities Municipal Fund positions in Q3 2020 and 3 closed out, a net change of -2 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q3 2020 was Royal Bank of Canada, an estimated $426K added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q3 2020 was 1607 Capital Partners, an estimated $1.17M sold.
Based on aggregated 13F filings for Q3 2020.