Nuveen Municipal Income
NMI
26 hedge funds and large institutions have $6.33M invested in Nuveen Municipal Income in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 5 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
19% more capital invested
Capital invested by funds: $5.31M → $6.33M (+$1.02M)
8% more funds holding
Funds holding: 24 → 26 (+2)
1.19% more ownership
Funds ownership: 5.95% → 7.14% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.47M |
| 2 |
LPL Financial
San Diego,
California
|
+$546K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$189K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$180K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.26M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$437K |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$107K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$58.6K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$39.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DSC
26
Duncker Streett & Co
St. Louis,
Missouri
| $3K | – | – | – |
|
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$437K | -42,760 | Closed |
|
|
28
Koshinski Asset Management
Decatur,
Illinois
| – | -$107K | -10,500 | Closed |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| – | -$37K | -3,650 | Closed |
|
|
CFA
30
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$4K | -435 | Closed |
|
NMI Hedge Fund Activity: Q4 2018 in Review
26 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q4 2018, worth a combined $6.33M — up 19% from $5.31M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NMI positions and 5 closed out — a net gain of 2 holders — while 8 added to existing stakes and 5 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $1.47M. The largest seller was Bank of America, cutting an estimated $1.26M.
- 26 institutional investors held Nuveen Municipal Income (NMI) as of Q4 2018, up from 24 in Q3 2018.
- Funds reported $6.33M of Nuveen Municipal Income stock for Q4 2018, up 19% quarter-over-quarter.
- 7 funds opened new Nuveen Municipal Income positions in Q4 2018 and 5 closed out, a net change of +2 holders.
- The largest Nuveen Municipal Income buyer in Q4 2018 was 1607 Capital Partners, an estimated $1.47M added.
- The largest Nuveen Municipal Income seller in Q4 2018 was Bank of America, an estimated $1.26M sold.
Based on aggregated 13F filings for Q4 2018.