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Nuveen Municipal Income

21 hedge funds and large institutions have $3.36M invested in Nuveen Municipal Income in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 4

0% more funds holding

Funds holding: 2121 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

0.47% less ownership

Funds ownership: 3.95%3.48% (-0.47%)

12% less capital invested

Capital invested by funds: $3.79M → $3.36M (-$437K)

Holders
21
Holders Change
Holders Change %
0%
% of All Funds
0.48%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
7
Reduced
4
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$487K +$57.5K +4,960 +13%
Wells Fargo
2
Wells Fargo
California
$462K +$72K +6,214 +18%
Morgan Stanley
3
Morgan Stanley
New York
$458K +$50.6K +4,367 +12%
LNB
4
Ledyard National Bank
$313K +$119K +10,300 +61%
LCM
5
Laurion Capital Management
New York
$257K -$717K -61,881 -74%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$219K
YP
7
Yellowstone Partners
Idaho
$159K +$15.1K +1,300 +10%
SSWM
8
Sheets Smith Wealth Management
North Carolina
$146K
LNC
9
Lincoln National Corp
Pennsylvania
$141K +$141K +12,154 New
UBS Group
10
UBS Group
Switzerland
$139K -$61.6K -5,315 -31%
LPL Financial
11
LPL Financial
California
$117K +$209 +18 +0.2%
Bank of America
12
Bank of America
North Carolina
$99K -$12.8K -1,100 -11%
Northwestern Mutual Wealth Management
13
Northwestern Mutual Wealth Management
Wisconsin
$96K -$11.4K -980 -11%
AG
14
Advisor Group
Arizona
$84K
US Bancorp
15
US Bancorp
Minnesota
$58K
JCM
16
Jacobi Capital Management
Pennsylvania
$50K +$278 +24 +0.6%
GWM
17
Geneos Wealth Management
Colorado
$42K +$42.3K +3,650 New
Fifth Third Bancorp
18
Fifth Third Bancorp
Ohio
$17K
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$5K
THWM
20
Taylor Hoffman Wealth Management
Virginia
$5K +$4.64K +400 New
DSC
21
Duncker Streett & Co
Missouri
$4K
CRC
22
Curi RMB Capital
Illinois
-$117K -10,118 Closed
WAM
23
Wolverine Asset Management
Illinois
-$24K -2,125 Closed
IA
24
IFP Advisors
Florida
-$14K -1,250 Closed

NMI Hedge Fund Activity: Q4 2017 in Review

21 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q4 2017, worth a combined $3.36M — down 12% from $3.79M a quarter earlier.

Fund positioning in NMI was balanced in Q4 2017: 3 funds opened new positions, 3 closed out, 7 added to existing stakes and 4 trimmed.

The largest buyer was Lincoln National Corp, opening a new position worth an estimated $141K. The largest seller was Laurion Capital Management, cutting an estimated $717K.

  • 21 institutional investors held Nuveen Municipal Income (NMI) as of Q4 2017, unchanged from Q3 2017.
  • Funds reported $3.36M of Nuveen Municipal Income stock for Q4 2017, down 12% quarter-over-quarter.
  • 3 funds opened new Nuveen Municipal Income positions in Q4 2017 and 3 closed out, a net change of 0 holders.
  • The largest Nuveen Municipal Income buyer in Q4 2017 was Lincoln National Corp, an estimated $141K added.
  • The largest Nuveen Municipal Income seller in Q4 2017 was Laurion Capital Management, an estimated $717K sold.

Based on aggregated 13F filings for Q4 2017.