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Nuveen Municipal Income

19 hedge funds and large institutions have $2.94M invested in Nuveen Municipal Income in 2016 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.99% less ownership

Funds ownership: 3.77%2.78% (-0.99%)

14% less funds holding

Funds holding: 2219 (-3)

29% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 7

29% less capital invested

Capital invested by funds: $4.12M → $2.94M (-$1.18M)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 3

Holders
19
Holders Change
-3
Holders Change %
-13.64%
% of All Funds
0.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
5
Reduced
7
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$575K -$56.5K -4,466 -9%
Morgan Stanley
2
Morgan Stanley
New York
$569K -$188K -14,871 -25%
LPL Financial
3
LPL Financial
California
$336K -$2.52K -199 -0.7%
Wells Fargo
4
Wells Fargo
California
$307K +$5.17K +409 +2%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$228K
UBS Group
6
UBS Group
Switzerland
$224K +$191K +15,101 +599%
SSWM
7
Sheets Smith Wealth Management
North Carolina
$184K
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$151K -$2.9K -229 -2%
LNB
9
Ledyard National Bank
$137K
JCM
10
Jacobi Capital Management
Pennsylvania
$53K +$265 +21 +0.5%
US Bancorp
11
US Bancorp
Minnesota
$51K -$43K -3,400 -46%
Bank of America
12
Bank of America
North Carolina
$26K -$38 -3 -0.1%
AG
13
Advisor Group
Arizona
$25K
IA
14
IFP Advisors
Florida
$22K
Creative Planning
15
Creative Planning
Kansas
$19K +$6.32K +500 +52%
Manulife (Manufacturers Life Insurance)
16
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$9K -$52.6K -4,157 -86%
TRCT
17
Tower Research Capital (TRC)
New York
$9K +$2.17K +172 +34%
DSC
18
Duncker Streett & Co
Missouri
$8K
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$5K
CIBC Private Wealth Group
20
CIBC Private Wealth Group
Georgia
-$486K -37,000 Closed
Northwestern Mutual Wealth Management
21
Northwestern Mutual Wealth Management
Wisconsin
-$444K -33,843 Closed
MFS
22
MSI Financial Services
Massachusetts
-$7K -500 Closed

NMI Hedge Fund Activity: Q3 2016 in Review

19 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q3 2016, worth a combined $2.94M — down 29% from $4.12M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of NMI and 0 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 5 added.

The largest buyer was UBS Group, adding an estimated $191K. The largest seller was CIBC Private Wealth Group, exiting entirely with an estimated $486K sold.

  • 19 institutional investors held Nuveen Municipal Income (NMI) as of Q3 2016, down from 22 in Q2 2016.
  • Funds reported $2.94M of Nuveen Municipal Income stock for Q3 2016, down 29% quarter-over-quarter.
  • 0 funds opened new Nuveen Municipal Income positions in Q3 2016 and 3 closed out, a net change of -3 holders.
  • The largest Nuveen Municipal Income buyer in Q3 2016 was UBS Group, an estimated $191K added.
  • The largest Nuveen Municipal Income seller in Q3 2016 was CIBC Private Wealth Group, an estimated $486K sold.

Based on aggregated 13F filings for Q3 2016.