Nuveen Municipal Income
NMI
24 hedge funds and large institutions have $16.5M invested in Nuveen Municipal Income in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 5 closing their positions.
10% more capital invested
Capital invested by funds: $14.9M → $16.5M (+$1.52M)
0.53% more ownership
Funds ownership: 17.28% → 17.8% (+0.53%)
11% less funds holding
Funds holding: 27 → 24 (-3)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$797K |
| 2 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
+$438K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$385K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$228K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
-$573K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$291K |
| 3 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
-$142K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$127K |
| 5 |
RIG
Ramiah Investment Group
Brookfield,
Wisconsin
|
-$120K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$291K | -33,877 | Closed |
|
|
RIA
27
Realta Investment Advisors
Wilmington,
Delaware
| – | -$142K | -15,028 | Closed |
|
|
28
Ameriprise
Minneapolis,
Minnesota
| – | -$127K | -14,763 | Closed |
|
|
RIG
29
Ramiah Investment Group
Brookfield,
Wisconsin
| – | -$120K | -13,996 | Closed |
|
NMI Hedge Fund Activity: Q4 2023 in Review
24 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q4 2023, worth a combined $16.5M — up 10% from $14.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NMI and 2 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 7 added.
The largest buyer was Morgan Stanley, adding an estimated $797K. The largest seller was Wakefield Asset Management, exiting entirely with an estimated $573K sold.
- 24 institutional investors held Nuveen Municipal Income (NMI) as of Q4 2023, down from 27 in Q3 2023.
- Funds reported $16.5M of Nuveen Municipal Income stock for Q4 2023, up 10% quarter-over-quarter.
- 2 funds opened new Nuveen Municipal Income positions in Q4 2023 and 5 closed out, a net change of -3 holders.
- The largest Nuveen Municipal Income buyer in Q4 2023 was Morgan Stanley, an estimated $797K added.
- The largest Nuveen Municipal Income seller in Q4 2023 was Wakefield Asset Management, an estimated $573K sold.
Based on aggregated 13F filings for Q4 2023.