Nuveen Municipal Income
NMI
23 hedge funds and large institutions have $15.7M invested in Nuveen Municipal Income in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 5 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
0.12% less ownership
Funds ownership: 17.06% → 16.94% (-0.12%)
3% less capital invested
Capital invested by funds: $16.2M → $15.7M (-$410K)
18% less funds holding
Funds holding: 28 → 23 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$695K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$274K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$59.6K |
| 4 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$32.8K |
| 5 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
+$31.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$508K |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
-$312K |
| 3 |
LPL Financial
San Diego,
California
|
-$117K |
| 4 |
KFS
Kaizen Financial Strategies
Campbell,
California
|
-$72.2K |
| 5 |
EE
EWG Elevate
Roseville,
California
|
-$72.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Rockefeller Capital Management
New York
| – | -$18K | -2,000 | Closed |
|
|
AF
27
Advisornet Financial
Minnetonka,
Minnesota
| – | -$6.76K | -712 | Closed |
|
|
RBC
28
Romano Brothers & Co
Evanston,
Illinois
| – | -$6.58K | -700 | Closed |
|
NMI Hedge Fund Activity: Q1 2023 in Review
23 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q1 2023, worth a combined $15.7M — down 2.5% from $16.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NMI and 0 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $695K. The largest seller was 1607 Capital Partners, cutting an estimated $508K.
- 23 institutional investors held Nuveen Municipal Income (NMI) as of Q1 2023, down from 28 in Q4 2022.
- Funds reported $15.7M of Nuveen Municipal Income stock for Q1 2023, down 2.5% quarter-over-quarter.
- 0 funds opened new Nuveen Municipal Income positions in Q1 2023 and 5 closed out, a net change of -5 holders.
- The largest Nuveen Municipal Income buyer in Q1 2023 was Hennion & Walsh Asset Management, an estimated $695K added.
- The largest Nuveen Municipal Income seller in Q1 2023 was 1607 Capital Partners, an estimated $508K sold.
Based on aggregated 13F filings for Q1 2023.