Nuveen Municipal Income
NMI
26 hedge funds and large institutions have $5.46M invested in Nuveen Municipal Income in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 5 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
7% more capital invested
Capital invested by funds: $5.1M → $5.46M (+$355K)
0.11% more ownership
Funds ownership: 5.32% → 5.43% (+0.11%)
13% less funds holding
Funds holding: 30 → 26 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
P
&Partners
Nashville,
Tennessee
|
+$359K |
| 2 |
Morgan Stanley
New York
|
+$148K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$76.2K |
| 4 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
+$34.2K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$5.71K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$134K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$124K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$92K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$77K |
| 5 |
LPL Financial
San Diego,
California
|
-$65.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
26
FNY Investment Advisers
New York
| $1K | +$114 | +10 | +6% |
|
|
27
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$124K | -11,000 | Closed |
|
|
28
UBS Group
Zurich,
Switzerland
| – | -$92K | -8,222 | Closed |
|
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$77K | -6,832 | Closed |
|
30
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$4K | -400 | Closed |
|
|
DSC
31
Duncker Streett & Co
St. Louis,
Missouri
| – | -$4K | -334 | Closed |
|
NMI Hedge Fund Activity: Q3 2019 in Review
26 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q3 2019, worth a combined $5.46M — up 7% from $5.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NMI and 1 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 9 added.
The largest buyer was &Partners, opening a new position worth an estimated $359K. The largest seller was Wells Fargo, cutting an estimated $134K.
- 26 institutional investors held Nuveen Municipal Income (NMI) as of Q3 2019, down from 30 in Q2 2019.
- Funds reported $5.46M of Nuveen Municipal Income stock for Q3 2019, up 7% quarter-over-quarter.
- 1 fund opened new Nuveen Municipal Income positions in Q3 2019 and 5 closed out, a net change of -4 holders.
- The largest Nuveen Municipal Income buyer in Q3 2019 was &Partners, an estimated $359K added.
- The largest Nuveen Municipal Income seller in Q3 2019 was Wells Fargo, an estimated $134K sold.
Based on aggregated 13F filings for Q3 2019.