Nuveen Municipal Income
NMI
17 hedge funds and large institutions have $3.04M invested in Nuveen Municipal Income in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 3 closing their positions.
11% more capital invested
Capital invested by funds: $2.72M → $3.04M (+$313K)
0.44% more ownership
Funds ownership: 2.66% → 3.1% (+0.44%)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
6% less funds holding
Funds holding: 18 → 17 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$785K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$121K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$43K |
| 4 |
LNB
Ledyard National Bank
|
+$41.2K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$39.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$308K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$147K |
| 3 |
Morgan Stanley
New York
|
-$85.1K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$29.1K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$27.6K |
NMI Hedge Fund Activity: Q2 2017 in Review
17 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q2 2017, worth a combined $3.04M — up 11% from $2.72M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NMI and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 5 added.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $785K. The largest seller was LPL Financial, exiting entirely with an estimated $308K sold.
- 17 institutional investors held Nuveen Municipal Income (NMI) as of Q2 2017, down from 18 in Q1 2017.
- Funds reported $3.04M of Nuveen Municipal Income stock for Q2 2017, up 11% quarter-over-quarter.
- 2 funds opened new Nuveen Municipal Income positions in Q2 2017 and 3 closed out, a net change of -1 holder.
- The largest Nuveen Municipal Income buyer in Q2 2017 was Laurion Capital Management, an estimated $785K added.
- The largest Nuveen Municipal Income seller in Q2 2017 was LPL Financial, an estimated $308K sold.
Based on aggregated 13F filings for Q2 2017.