Nuveen Municipal Income
NMI
25 hedge funds and large institutions have $5.86M invested in Nuveen Municipal Income in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 3 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
1% more capital invested
Capital invested by funds: $5.79M → $5.86M (+$72K)
0.06% more ownership
Funds ownership: 5.87% → 5.93% (+0.06%)
11% less funds holding
Funds holding: 28 → 25 (-3)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$285K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$192K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$46.1K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$22.2K |
| 5 |
P
&Partners
Nashville,
Tennessee
|
+$14.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$130K |
| 2 |
PAM
Peak Asset Management
Louisville,
Colorado
|
-$113K |
| 3 |
Morgan Stanley
New York
|
-$108K |
| 4 |
KMWM
Keudell/Morrison Wealth Management
Salem,
Oregon
|
-$48.5K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$47K |
NMI Hedge Fund Activity: Q1 2020 in Review
25 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q1 2020, worth a combined $5.86M — up 1.2% from $5.79M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NMI and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.
The largest buyer was UBS Group, adding an estimated $285K. The largest seller was Bank of America, cutting an estimated $130K.
- 25 institutional investors held Nuveen Municipal Income (NMI) as of Q1 2020, down from 28 in Q4 2019.
- Funds reported $5.86M of Nuveen Municipal Income stock for Q1 2020, up 1.2% quarter-over-quarter.
- 2 funds opened new Nuveen Municipal Income positions in Q1 2020 and 3 closed out, a net change of -1 holder.
- The largest Nuveen Municipal Income buyer in Q1 2020 was UBS Group, an estimated $285K added.
- The largest Nuveen Municipal Income seller in Q1 2020 was Bank of America, an estimated $130K sold.
Based on aggregated 13F filings for Q1 2020.