Nuveen Municipal Income
NMI
20 hedge funds and large institutions have $3.36M invested in Nuveen Municipal Income in 2016 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 2 closing their positions.
0.59% less ownership
Funds ownership: 3.77% → 3.18% (-0.59%)
9% less funds holding
Funds holding: 22 → 20 (-2)
18% less capital invested
Capital invested by funds: $4.12M → $3.36M (-$755K)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$191K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$6.32K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.17K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.17K |
| 5 |
JCM
Jacobi Capital Management
Pittston,
Pennsylvania
|
+$265 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$486K |
| 2 |
Morgan Stanley
New York
|
-$188K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$56.5K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$52.6K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
-$43K |
NMI Hedge Fund Activity: Q3 2016 in Review
20 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q3 2016, worth a combined $3.36M — down 18% from $4.12M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NMI and 0 opened new positions — a net loss of 2 holders — while 8 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.
- 20 institutional investors held Nuveen Municipal Income (NMI) as of Q3 2016, down from 22 in Q2 2016.
- Funds reported $3.36M of Nuveen Municipal Income stock for Q3 2016, down 18% quarter-over-quarter.
- 0 funds opened new Nuveen Municipal Income positions in Q3 2016 and 2 closed out, a net change of -2 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.