Nuveen Municipal Income
NMI
20 hedge funds and large institutions have $3.32M invested in Nuveen Municipal Income in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
13% more capital invested
Capital invested by funds: $2.94M → $3.32M (+$381K)
5% more funds holding
Funds holding: 19 → 20 (+1)
0.78% more ownership
Funds ownership: 2.78% → 3.56% (+0.78%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$431K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$211K |
| 3 |
LCM
Laurion Capital Management
New York
|
+$145K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$78.7K |
| 5 |
LPL Financial
San Diego,
California
|
+$38.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$83.9K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$38.6K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$14.3K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$9K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$9K |
NMI Hedge Fund Activity: Q4 2016 in Review
20 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q4 2016, worth a combined $3.32M — up 13% from $2.94M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NMI positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $431K. The largest seller was Morgan Stanley, cutting an estimated $83.9K.
- 20 institutional investors held Nuveen Municipal Income (NMI) as of Q4 2016, up from 19 in Q3 2016.
- Funds reported $3.32M of Nuveen Municipal Income stock for Q4 2016, up 13% quarter-over-quarter.
- 3 funds opened new Nuveen Municipal Income positions in Q4 2016 and 2 closed out, a net change of +1 holder.
- The largest Nuveen Municipal Income buyer in Q4 2016 was Curi RMB Capital, an estimated $431K added.
- The largest Nuveen Municipal Income seller in Q4 2016 was Morgan Stanley, an estimated $83.9K sold.
Based on aggregated 13F filings for Q4 2016.