Nuveen Municipal Income
NMI
18 hedge funds and large institutions have $2.72M invested in Nuveen Municipal Income in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 3 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
0.9% less ownership
Funds ownership: 3.56% → 2.66% (-0.9%)
10% less funds holding
Funds holding: 20 → 18 (-2)
18% less capital invested
Capital invested by funds: $3.32M → $2.72M (-$596K)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$65K |
| 2 |
Morgan Stanley
New York
|
+$30.6K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$30K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
+$11.5K |
| 5 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
+$1.15K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$410K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$184K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$138K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$79.4K |
| 5 |
LPL Financial
San Diego,
California
|
-$66.1K |
NMI Hedge Fund Activity: Q1 2017 in Review
18 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q1 2017, worth a combined $2.72M — down 18% from $3.32M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NMI and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Wells Fargo, adding an estimated $65K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $410K sold.
- 18 institutional investors held Nuveen Municipal Income (NMI) as of Q1 2017, down from 20 in Q4 2016.
- Funds reported $2.72M of Nuveen Municipal Income stock for Q1 2017, down 18% quarter-over-quarter.
- 1 fund opened new Nuveen Municipal Income positions in Q1 2017 and 3 closed out, a net change of -2 holders.
- The largest Nuveen Municipal Income buyer in Q1 2017 was Wells Fargo, an estimated $65K added.
- The largest Nuveen Municipal Income seller in Q1 2017 was Curi RMB Capital, an estimated $410K sold.
Based on aggregated 13F filings for Q1 2017.