Nuveen Municipal Income
NMI
31 hedge funds and large institutions have $6.64M invested in Nuveen Municipal Income in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
19% more funds holding
Funds holding: 26 → 31 (+5)
5% more capital invested
Capital invested by funds: $6.33M → $6.64M (+$309K)
0.17% less ownership
Funds ownership: 7.14% → 6.97% (-0.17%)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$288K |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
+$220K |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$117K |
| 4 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$28.8K |
| 5 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$325K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$214K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$189K |
| 4 |
LPL Financial
San Diego,
California
|
-$136K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$92.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
26
Advisornet Financial
Minnetonka,
Minnesota
| $16K | +$16K | +1,500 | New |
|
|
DSC
27
Duncker Streett & Co
St. Louis,
Missouri
| $4K | – | – | – |
|
|
THWM
28
Taylor Hoffman Wealth Management
Richmond,
Virginia
| $4K | – | – | – |
|
29
Bank of Montreal
Toronto,
Ontario, Canada
| $4K | +$4.27K | +400 | New |
|
30
UBS Group
Zurich,
Switzerland
| $2K | +$1.92K | +180 | New |
|
|
FIA
31
FNY Investment Advisers
New York
| $1K | +$1.51K | +142 | New |
|
|
WAM
32
Wolverine Asset Management
Chicago,
Illinois
| – | -$325K | -32,101 | Closed |
|
|
LCM
33
Landscape Capital Management
Englewood,
New Jersey
| – | -$189K | -18,642 | Closed |
|
|
IA
34
IFP Advisors
Tampa,
Florida
| – | -$13K | -1,250 | Closed |
|
NMI Hedge Fund Activity: Q1 2019 in Review
31 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q1 2019, worth a combined $6.64M — up 4.9% from $6.33M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NMI positions and 3 closed out — a net gain of 5 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $288K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $325K sold.
- 31 institutional investors held Nuveen Municipal Income (NMI) as of Q1 2019, up from 26 in Q4 2018.
- Funds reported $6.64M of Nuveen Municipal Income stock for Q1 2019, up 4.9% quarter-over-quarter.
- 8 funds opened new Nuveen Municipal Income positions in Q1 2019 and 3 closed out, a net change of +5 holders.
- The largest Nuveen Municipal Income buyer in Q1 2019 was Morgan Stanley, an estimated $288K added.
- The largest Nuveen Municipal Income seller in Q1 2019 was Wolverine Asset Management, an estimated $325K sold.
Based on aggregated 13F filings for Q1 2019.