Nuveen Select Maturities Municipal Fund
NIM
56 hedge funds and large institutions have $36.5M invested in Nuveen Select Maturities Municipal Fund in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 9 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
11% more capital invested
Capital invested by funds: $32.9M → $36.5M (+$3.63M)
2.08% more ownership
Funds ownership: 31.16% → 33.24% (+2.1%)
3% less funds holding
Funds holding: 58 → 56 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$935K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$810K |
| 3 |
Morgan Stanley
New York
|
+$616K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$450K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$322K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
-$573K |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$348K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$251K |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
-$190K |
| 5 |
AIM
Anchor Investment Management
Columbia,
South Carolina
|
-$125K |
NIM Hedge Fund Activity: Q4 2023 in Review
56 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Nuveen Select Maturities Municipal Fund (NIM) for Q4 2023, worth a combined $36.5M — up 11% from $32.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NIM and 7 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 19 added.
The largest buyer was Tortoise Investment Management, adding an estimated $935K. The largest seller was Wakefield Asset Management, exiting entirely with an estimated $573K sold.
- 56 institutional investors held Nuveen Select Maturities Municipal Fund (NIM) as of Q4 2023, down from 58 in Q3 2023.
- Funds reported $36.5M of Nuveen Select Maturities Municipal Fund stock for Q4 2023, up 11% quarter-over-quarter.
- 7 funds opened new Nuveen Select Maturities Municipal Fund positions in Q4 2023 and 9 closed out, a net change of -2 holders.
- The largest Nuveen Select Maturities Municipal Fund buyer in Q4 2023 was Tortoise Investment Management, an estimated $935K added.
- The largest Nuveen Select Maturities Municipal Fund seller in Q4 2023 was Wakefield Asset Management, an estimated $573K sold.
Based on aggregated 13F filings for Q4 2023.