Nuveen Municipal Income
NMI
30 hedge funds and large institutions have $13.4M invested in Nuveen Municipal Income in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 4 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
8% more capital invested
Capital invested by funds: $12.4M → $13.4M (+$996K)
1.51% more ownership
Funds ownership: 13.86% → 15.37% (+1.5%)
3% less funds holding
Funds holding: 31 → 30 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.53M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$365K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$201K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$195K |
| 5 |
KFS
Kaizen Financial Strategies
Campbell,
California
|
+$71.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$131K |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$104K |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
-$93K |
| 4 |
LPL Financial
San Diego,
California
|
-$77.9K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$47.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $14K | -$25.8K | -2,785 | -64% |
|
|
TIM
27
Tortoise Investment Management
White Plains,
New York
| $9K | – | – | – |
|
|
AF
28
Advisornet Financial
Minnetonka,
Minnesota
| $6K | – | – | – |
|
|
RCM
29
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| $4K | +$3.71K | +400 | New |
|
|
ACA
30
Ackerman Capital Advisors
Dallas,
Texas
| – | -$104K | -11,284 | Closed |
|
|
31
Mercer Global Advisors
Denver,
Colorado
| – | -$93K | -10,000 | Closed |
|
32
US Bancorp
Minneapolis,
Minnesota
| – | -$21K | -2,280 | Closed |
|
33
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$14K | -1,500 | Closed |
|
NMI Hedge Fund Activity: Q3 2022 in Review
30 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q3 2022, worth a combined $13.4M — up 8% from $12.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NMI and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 10 added.
The largest buyer was 1607 Capital Partners, adding an estimated $1.53M. The largest seller was Wells Fargo, cutting an estimated $131K.
- 30 institutional investors held Nuveen Municipal Income (NMI) as of Q3 2022, down from 31 in Q2 2022.
- Funds reported $13.4M of Nuveen Municipal Income stock for Q3 2022, up 8% quarter-over-quarter.
- 3 funds opened new Nuveen Municipal Income positions in Q3 2022 and 4 closed out, a net change of -1 holder.
- The largest Nuveen Municipal Income buyer in Q3 2022 was 1607 Capital Partners, an estimated $1.53M added.
- The largest Nuveen Municipal Income seller in Q3 2022 was Wells Fargo, an estimated $131K sold.
Based on aggregated 13F filings for Q3 2022.