Nuveen Municipal Income
NMI
28 hedge funds and large institutions have $5.79M invested in Nuveen Municipal Income in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
8% more funds holding
Funds holding: 26 → 28 (+2)
6% more capital invested
Capital invested by funds: $5.46M → $5.79M (+$328K)
0.44% more ownership
Funds ownership: 5.43% → 5.87% (+0.44%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$134K |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
+$114K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$88K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$51.7K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$45.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$93.9K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$27.3K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$4.5K |
| 4 |
FIA
FNY Investment Advisers
New York
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $17K | +$17.6K | +1,547 | New |
|
|
THWM
27
Taylor Hoffman Wealth Management
Richmond,
Virginia
| $5K | – | – | – |
|
|
DSC
28
Duncker Streett & Co
St. Louis,
Missouri
| $4K | +$3.79K | +334 | New |
|
|
FIA
29
FNY Investment Advisers
New York
| – | -$1K | -172 | Closed |
|
NMI Hedge Fund Activity: Q4 2019 in Review
28 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q4 2019, worth a combined $5.79M — up 6% from $5.46M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NMI positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $134K. The largest seller was Bank of America, cutting an estimated $93.9K.
- 28 institutional investors held Nuveen Municipal Income (NMI) as of Q4 2019, up from 26 in Q3 2019.
- Funds reported $5.79M of Nuveen Municipal Income stock for Q4 2019, up 6% quarter-over-quarter.
- 3 funds opened new Nuveen Municipal Income positions in Q4 2019 and 1 closed out, a net change of +2 holders.
- The largest Nuveen Municipal Income buyer in Q4 2019 was Janney Montgomery Scott, an estimated $134K added.
- The largest Nuveen Municipal Income seller in Q4 2019 was Bank of America, an estimated $93.9K sold.
Based on aggregated 13F filings for Q4 2019.