Nuveen Select Maturities Municipal Fund
NIM
58 hedge funds and large institutions have $32.9M invested in Nuveen Select Maturities Municipal Fund in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 3 closing their positions.
244% more capital inflows, than outflows
Capital inflows: $4.2M | Capital outflows: $1.22M
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2.71% more ownership
Funds ownership: 28.45% → 31.16% (+2.7%)
2% more funds holding
Funds holding: 57 → 58 (+1)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tortoise Investment Management
White Plains,
New York
|
+$1.21M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$873K |
| 3 |
1607 Capital Partners
Richmond,
Virginia
|
+$406K |
| 4 |
FCI
Financial Counselors Inc
Overland Park,
Kansas
|
+$342K |
| 5 |
Morgan Stanley
New York
|
+$302K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kestra Advisory Services
Austin,
Texas
|
-$363K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$162K |
| 3 |
NFP Retirement Inc
Aliso Viejo,
California
|
-$112K |
| 4 |
Guggenheim Capital
Chicago,
Illinois
|
-$98.5K |
| 5 |
Patten Group
Chattanooga,
Tennessee
|
-$95.4K |
NIM Hedge Fund Activity: Q3 2023 in Review
58 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q3 2023, worth a combined $32.9M — up 3.1% from $31.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NIM positions and 3 closed out — a net gain of 1 holder — while 18 added to existing stakes and 17 trimmed.
The largest buyer was Tortoise Investment Management, adding an estimated $1.21M. The largest seller was Kestra Advisory Services, exiting entirely with an estimated $363K sold.
- 58 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q3 2023, up from 57 in Q2 2023.
- Funds reported $32.9M of Nuveen Select Maturities Municipal Fund stock for Q3 2023, up 3.1% quarter-over-quarter.
- 4 funds opened new Nuveen Select Maturities Municipal Fund positions in Q3 2023 and 3 closed out, a net change of +1 holder.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q3 2023 was Tortoise Investment Management, an estimated $1.21M added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q3 2023 was Kestra Advisory Services, an estimated $363K sold.
Based on aggregated 13F filings for Q3 2023.