Nuveen Multi-Asset Income Fund
NMAI
72 hedge funds and large institutions have $82.2M invested in Nuveen Multi-Asset Income Fund in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 22 reducing their positions, and 15 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 22
1.13% more ownership
Funds ownership: 20.49% → 21.62% (+1.1%)
9% less capital invested
Capital invested by funds: $90.6M → $82.2M (-$8.4M)
10% less funds holding
Funds holding: 80 → 72 (-8)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$11.6M |
| 2 |
Morgan Stanley
New York
|
+$3.88M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.98M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$666K |
| 5 |
Rockefeller Capital Management
New York
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$8.45M |
| 2 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
-$3.06M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$752K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$514K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$478K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
76
Advisory Services Network
Atlanta,
Georgia
| – | -$135K | -10,250 | Closed |
|
|
SWM
77
Spire Wealth Management
Mclean,
Virginia
| – | -$104K | -7,900 | Closed |
|
|
PFGIA
78
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$71K | -5,346 | Closed |
|
79
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$54.7K | -4,092 | -100% |
|
|
MAM
80
Marquette Asset Management
Minneapolis,
Minnesota
| – | -$44K | -3,312 | Closed |
|
81
US Bancorp
Minneapolis,
Minnesota
| – | -$15K | -1,120 | Closed |
|
|
CA
82
CoreCap Advisors
Southfield,
Michigan
| – | -$15K | -1,100 | Closed |
|
|
CFGS
83
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$14.1K | -1,055 | Closed |
|
|
PA
84
Parallel Advisors
San Francisco,
California
| – | -$3K | -212 | Closed |
|
|
CWM
85
Curi Wealth Management
Raleigh,
North Carolina
| – | -$1K | -91 | Closed |
|
NMAI Hedge Fund Activity: Q3 2022 in Review
72 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Nuveen Multi-Asset Income Fund (NMAI) for Q3 2022, worth a combined $82.2M — down 9.3% from $90.6M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NMAI and 7 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 28 added.
The largest buyer was Saba Capital Management, adding an estimated $11.6M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $8.45M sold.
- 72 institutional investors held Nuveen Multi-Asset Income Fund (NMAI) as of Q3 2022, down from 80 in Q2 2022.
- Funds reported $82.2M of Nuveen Multi-Asset Income Fund stock for Q3 2022, down 9.3% quarter-over-quarter.
- 7 funds opened new Nuveen Multi-Asset Income Fund positions in Q3 2022 and 15 closed out, a net change of -8 holders.
- The largest Nuveen Multi-Asset Income Fund buyer in Q3 2022 was Saba Capital Management, an estimated $11.6M added.
- The largest Nuveen Multi-Asset Income Fund seller in Q3 2022 was Penserra Capital Management, an estimated $8.45M sold.
Based on aggregated 13F filings for Q3 2022.