Nuveen Municipal Income
NMI
20 hedge funds and large institutions have $4.87M invested in Nuveen Municipal Income in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
45% more capital invested
Capital invested by funds: $3.36M → $4.87M (+$1.51M)
1.39% more ownership
Funds ownership: 3.48% → 4.87% (+1.4%)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
5% less funds holding
Funds holding: 21 → 20 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.94M |
| 2 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$141K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$18.6K |
| 4 |
Morgan Stanley
New York
|
+$11.5K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$5.65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$257K |
| 2 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$141K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$102K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$39.9K |
NMI Hedge Fund Activity: Q1 2018 in Review
20 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q1 2018, worth a combined $4.87M — up 45% from $3.36M a quarter earlier.
Fund positioning in NMI was balanced in Q1 2018: 2 funds opened new positions, 2 closed out, 8 added to existing stakes and 2 trimmed.
The largest buyer was Bank of America, adding an estimated $1.94M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $257K sold.
- 20 institutional investors held Nuveen Municipal Income (NMI) as of Q1 2018, down from 21 in Q4 2017.
- Funds reported $4.87M of Nuveen Municipal Income stock for Q1 2018, up 45% quarter-over-quarter.
- 2 funds opened new Nuveen Municipal Income positions in Q1 2018 and 2 closed out, a net change of 0 holders.
- The largest Nuveen Municipal Income buyer in Q1 2018 was Bank of America, an estimated $1.94M added.
- The largest Nuveen Municipal Income seller in Q1 2018 was Laurion Capital Management, an estimated $257K sold.
Based on aggregated 13F filings for Q1 2018.