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Nuveen Municipal Income

21 hedge funds and large institutions have $3.79M invested in Nuveen Municipal Income in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 1

167% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 3

25% more capital invested

Capital invested by funds: $3.04M → $3.79M (+$759K)

24% more funds holding

Funds holding: 1721 (+4)

0.85% more ownership

Funds ownership: 3.1%3.95% (+0.85%)

Holders
21
Holders Change
+4
Holders Change %
+23.53%
% of All Funds
0.52%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
8
Reduced
3
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LCM
1
Laurion Capital Management
New York
$968K +$228K +19,471 +30%
RJA
2
Raymond James & Associates
Florida
$428K -$4.53K -387 -1%
Morgan Stanley
3
Morgan Stanley
New York
$406K +$23.4K +2,000 +6%
Wells Fargo
4
Wells Fargo
California
$388K +$63.4K +5,419 +19%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$218K
UBS Group
6
UBS Group
Switzerland
$200K +$86.1K +7,362 +74%
LNB
7
Ledyard National Bank
$194K +$30.4K +2,600 +18%
SSWM
8
Sheets Smith Wealth Management
North Carolina
$145K
YP
9
Yellowstone Partners
Idaho
$144K +$146K +12,470 New
CRC
10
Curi RMB Capital
Illinois
$117K +$118K +10,118 New
LPL Financial
11
LPL Financial
California
$116K +$118K +10,092 New
Bank of America
12
Bank of America
North Carolina
$111K +$35.1K +3,000 +45%
Northwestern Mutual Wealth Management
13
Northwestern Mutual Wealth Management
Wisconsin
$107K -$58.2K -4,979 -35%
AG
14
Advisor Group
Arizona
$83K +$20.3K +1,735 +32%
US Bancorp
15
US Bancorp
Minnesota
$58K
JCM
16
Jacobi Capital Management
Pennsylvania
$49K +$269 +23 +0.5%
WAM
17
Wolverine Asset Management
Illinois
$24K +$24.9K +2,125 New
Fifth Third Bancorp
18
Fifth Third Bancorp
Ohio
$17K +$17.5K +1,500 New
IA
19
IFP Advisors
Florida
$14K -$5.3K -453 -27%
DSC
20
Duncker Streett & Co
Missouri
$4K
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$4K
Creative Planning
22
Creative Planning
Kansas
-$17K -1,455 Closed

NMI Hedge Fund Activity: Q3 2017 in Review

21 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q3 2017, worth a combined $3.79M — up 25% from $3.04M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new NMI positions and 1 closed out — a net gain of 4 holders — while 8 added to existing stakes and 3 trimmed.

The largest buyer was Laurion Capital Management, adding an estimated $228K. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $58.2K.

  • 21 institutional investors held Nuveen Municipal Income (NMI) as of Q3 2017, up from 17 in Q2 2017.
  • Funds reported $3.79M of Nuveen Municipal Income stock for Q3 2017, up 25% quarter-over-quarter.
  • 5 funds opened new Nuveen Municipal Income positions in Q3 2017 and 1 closed out, a net change of +4 holders.
  • The largest Nuveen Municipal Income buyer in Q3 2017 was Laurion Capital Management, an estimated $228K added.
  • The largest Nuveen Municipal Income seller in Q3 2017 was Northwestern Mutual Wealth Management, an estimated $58.2K sold.

Based on aggregated 13F filings for Q3 2017.