Nuveen Municipal Income
NMI
29 hedge funds and large institutions have $14.5M invested in Nuveen Municipal Income in 2025 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
12% more funds holding
Funds holding: 26 → 29 (+3)
10% more capital invested
Capital invested by funds: $13.1M → $14.5M (+$1.36M)
1.3% more ownership
Funds ownership: 12.89% → 14.19% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jones Financial Companies
Des Peres,
Missouri
|
+$1.03M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$263K |
| 3 |
P
&Partners
Nashville,
Tennessee
|
+$138K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$129K |
| 5 |
APA
Astoria Portfolio Advisors
New York
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$214K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$117K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$56.8K |
| 4 |
Morgan Stanley
New York
|
-$48.1K |
| 5 |
SPF
South Plains Financial
Lubbock,
Texas
|
-$38.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
26
Steward Partners Investment Advisory
New York
| $37.2K | +$37.5K | +3,750 | New |
|
|
HIA
27
Harbor Investment Advisory
Lutherville,
Maryland
| $29.5K | – | – | – |
|
28
Rockefeller Capital Management
New York
| $21.7K | – | – | – |
|
|
WA
29
Westfuller Advisors
New York
| $190 | – | – | – |
|
|
SPF
30
South Plains Financial
Lubbock,
Texas
| – | -$38.1K | -3,845 | Closed |
|
|
AAS
31
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$19.8K | -2,000 | Closed |
|
NMI Hedge Fund Activity: Q4 2025 in Review
29 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q4 2025, worth a combined $14.5M — up 10% from $13.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NMI positions and 2 closed out — a net gain of 4 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Jones Financial Companies, adding an estimated $1.03M. The largest seller was Kestra Advisory Services, cutting an estimated $214K.
- 29 institutional investors held Nuveen Municipal Income (NMI) as of Q4 2025, up from 26 in Q3 2025.
- Funds reported $14.5M of Nuveen Municipal Income stock for Q4 2025, up 10% quarter-over-quarter.
- 6 funds opened new Nuveen Municipal Income positions in Q4 2025 and 2 closed out, a net change of +4 holders.
- The largest Nuveen Municipal Income buyer in Q4 2025 was Jones Financial Companies, an estimated $1.03M added.
- The largest Nuveen Municipal Income seller in Q4 2025 was Kestra Advisory Services, an estimated $214K sold.
Based on aggregated 13F filings for Q4 2025.