Nuveen Municipal Income
NMI
27 hedge funds and large institutions have $5.96M invested in Nuveen Municipal Income in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
8% more funds holding
Funds holding: 25 → 27 (+2)
2% more capital invested
Capital invested by funds: $5.86M → $5.96M (+$104K)
0.16% more ownership
Funds ownership: 5.93% → 6.09% (+0.16%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
+$419K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$186K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$157K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$74K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$67K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$242K |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$150K |
| 3 |
LHC
Little House Capital
Braintree,
Massachusetts
|
-$124K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$42K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$24.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $16K | – | – | – |
|
|
THWM
27
Taylor Hoffman Wealth Management
Richmond,
Virginia
| $4K | +$4.2K | +400 | New |
|
|
UCFA
28
United Capital Financial Advisors
Irving,
Texas
| – | -$150K | -13,260 | Closed |
|
|
LHC
29
Little House Capital
Braintree,
Massachusetts
| – | -$124K | -11,000 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$3K | -257 | Closed |
|
NMI Hedge Fund Activity: Q2 2020 in Review
27 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q2 2020, worth a combined $5.96M — up 1.8% from $5.86M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NMI positions and 3 closed out — a net gain of 2 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Wakefield Asset Management, opening a new position worth an estimated $419K. The largest seller was Morgan Stanley, cutting an estimated $242K.
- 27 institutional investors held Nuveen Municipal Income (NMI) as of Q2 2020, up from 25 in Q1 2020.
- Funds reported $5.96M of Nuveen Municipal Income stock for Q2 2020, up 1.8% quarter-over-quarter.
- 5 funds opened new Nuveen Municipal Income positions in Q2 2020 and 3 closed out, a net change of +2 holders.
- The largest Nuveen Municipal Income buyer in Q2 2020 was Wakefield Asset Management, an estimated $419K added.
- The largest Nuveen Municipal Income seller in Q2 2020 was Morgan Stanley, an estimated $242K sold.
Based on aggregated 13F filings for Q2 2020.