Nuveen Municipal Income
NMI
18 hedge funds and large institutions have $3.02M invested in Nuveen Municipal Income in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, reducing their positions, and 6 closing their positions.
9% more capital invested
Capital invested by funds: $2.77M → $3.02M (+$256K)
0.53% more ownership
Funds ownership: 3.12% → 3.65% (+0.53%)
22% less funds holding
Funds holding: 23 → 18 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$259K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$215K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$196K |
| 4 |
LPL Financial
San Diego,
California
|
+$94.2K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$79.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Courier Capital
Buffalo,
New York
|
-$346K |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$120K |
| 3 |
VCM
Vigilant Capital Management
Portland,
Maine
|
-$46K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$10K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10K |
NMI Hedge Fund Activity: Q3 2013 in Review
18 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q3 2013, worth a combined $3.02M — up 9.3% from $2.77M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NMI and 1 opened new positions — a net loss of 5 holders — while 0 trimmed existing stakes and 8 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $259K. The largest seller was Courier Capital, exiting entirely with an estimated $346K sold.
- 18 institutional investors held Nuveen Municipal Income (NMI) as of Q3 2013, down from 23 in Q2 2013.
- Funds reported $3.02M of Nuveen Municipal Income stock for Q3 2013, up 9.3% quarter-over-quarter.
- 1 fund opened new Nuveen Municipal Income positions in Q3 2013 and 6 closed out, a net change of -5 holders.
- The largest Nuveen Municipal Income buyer in Q3 2013 was Goldman Sachs, an estimated $259K added.
- The largest Nuveen Municipal Income seller in Q3 2013 was Courier Capital, an estimated $346K sold.
Based on aggregated 13F filings for Q3 2013.