Nuveen Municipal Income
NMI
26 hedge funds and large institutions have $6.68M invested in Nuveen Municipal Income in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 3 closing their positions.
12% more capital invested
Capital invested by funds: $5.96M → $6.68M (+$720K)
0.05% more ownership
Funds ownership: 6.09% → 6.14% (+0.05%)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
4% less funds holding
Funds holding: 27 → 26 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LHC
Little House Capital
Braintree,
Massachusetts
|
+$126K |
| 2 |
DC
Davenport & Co
Richmond,
Virginia
|
+$118K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$51.6K |
| 4 |
Morgan Stanley
New York
|
+$39.4K |
| 5 |
LPL Financial
San Diego,
California
|
+$20.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$117K |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$61K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$36.9K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$28.7K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$20.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $18K | – | – | – |
|
|
27
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$117K | -10,950 | Closed |
|
|
PAG
28
Private Advisor Group
Morristown,
New Jersey
| – | -$61K | -5,670 | Closed |
|
|
THWM
29
Taylor Hoffman Wealth Management
Richmond,
Virginia
| – | -$4K | -400 | Closed |
|
NMI Hedge Fund Activity: Q3 2020 in Review
26 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q3 2020, worth a combined $6.68M — up 12% from $5.96M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NMI and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 7 added.
The largest buyer was Little House Capital, opening a new position worth an estimated $126K. The largest seller was Janney Montgomery Scott, exiting entirely with an estimated $117K sold.
- 26 institutional investors held Nuveen Municipal Income (NMI) as of Q3 2020, down from 27 in Q2 2020.
- Funds reported $6.68M of Nuveen Municipal Income stock for Q3 2020, up 12% quarter-over-quarter.
- 2 funds opened new Nuveen Municipal Income positions in Q3 2020 and 3 closed out, a net change of -1 holder.
- The largest Nuveen Municipal Income buyer in Q3 2020 was Little House Capital, an estimated $126K added.
- The largest Nuveen Municipal Income seller in Q3 2020 was Janney Montgomery Scott, an estimated $117K sold.
Based on aggregated 13F filings for Q3 2020.