Nuveen Municipal Income
NMI
22 hedge funds and large institutions have $4.12M invested in Nuveen Municipal Income in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
0.81% less ownership
Funds ownership: 4.58% → 3.77% (-0.81%)
4% less funds holding
Funds holding: 23 → 22 (-1)
13% less capital invested
Capital invested by funds: $4.72M → $4.12M (-$602K)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
+$68.1K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$25.2K |
| 3 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
+$25.2K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$21.5K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$14.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$515K |
| 2 |
LPL Financial
San Diego,
California
|
-$414K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$62.7K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$37.9K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$13.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| – | -$1K | -100 | Closed |
|
NMI Hedge Fund Activity: Q2 2016 in Review
22 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q2 2016, worth a combined $4.12M — down 13% from $4.72M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NMI and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 8 added.
The largest buyer was US Bancorp, adding an estimated $68.1K. The largest seller was Capital Investment Advisors, exiting entirely with an estimated $515K sold.
- 22 institutional investors held Nuveen Municipal Income (NMI) as of Q2 2016, down from 23 in Q1 2016.
- Funds reported $4.12M of Nuveen Municipal Income stock for Q2 2016, down 13% quarter-over-quarter.
- 3 funds opened new Nuveen Municipal Income positions in Q2 2016 and 4 closed out, a net change of -1 holder.
- The largest Nuveen Municipal Income buyer in Q2 2016 was US Bancorp, an estimated $68.1K added.
- The largest Nuveen Municipal Income seller in Q2 2016 was Capital Investment Advisors, an estimated $515K sold.
Based on aggregated 13F filings for Q2 2016.