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Nuveen Municipal Income

26 hedge funds and large institutions have $6.33M invested in Nuveen Municipal Income in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 5

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

19% more capital invested

Capital invested by funds: $5.31M → $6.33M (+$1.02M)

8% more funds holding

Funds holding: 2426 (+2)

1.19% more ownership

Funds ownership: 5.95%7.14% (+1.2%)

Holders
26
Holders Change
+2
Holders Change %
+8.33%
% of All Funds
0.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
8
Reduced
5
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$1.48M +$1.47M +144,309 +9,621%
LPL Financial
2
LPL Financial
California
$1.08M +$546K +53,780 +102%
Bank of America
3
Bank of America
North Carolina
$616K -$1.26M -123,780 -67%
RJA
4
Raymond James & Associates
Florida
$424K -$8.95K -881 -2%
Morgan Stanley
5
Morgan Stanley
New York
$422K +$47.8K +4,710 +13%
WAM
6
Wolverine Asset Management
Illinois
$325K +$146K +14,374 +81%
LNB
7
Ledyard National Bank
$320K
LCM
8
Landscape Capital Management
New Jersey
$189K +$189K +18,642 New
Wells Fargo
9
Wells Fargo
California
$185K -$39.6K -3,895 -18%
MIG
10
Mariner Investment Group
New York
$180K +$180K +17,763 New
DAS
11
Dynamic Advisor Solutions
Arizona
$163K +$15.2K +1,500 +11%
PAM
12
Peak Asset Management
Colorado
$127K +$127K +12,525 New
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$123K +$124K +12,219 New
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$116K +$2.38K +234 +2%
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$112K +$112K +11,000 New
SSWM
16
Sheets Smith Wealth Management
North Carolina
$107K -$20.3K -2,000 -16%
AG
17
Advisor Group
Arizona
$92K -$58.6K -5,772 -39%
Northwestern Mutual Wealth Management
18
Northwestern Mutual Wealth Management
Wisconsin
$69K
HS
19
Horan Securities
United States
$52K +$50.5K +4,970 New
US Bancorp
20
US Bancorp
Minnesota
$51K
JCM
21
Jacobi Capital Management
Pennsylvania
$45K +$518 +51 +1%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$17K +$91 +9 +0.6%
Fifth Third Bancorp
23
Fifth Third Bancorp
Ohio
$15K
IA
24
IFP Advisors
Florida
$13K +$12.7K +1,250 New
THWM
25
Taylor Hoffman Wealth Management
Virginia
$4K

NMI Hedge Fund Activity: Q4 2018 in Review

26 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q4 2018, worth a combined $6.33M — up 19% from $5.31M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new NMI positions and 5 closed out — a net gain of 2 holders — while 8 added to existing stakes and 5 trimmed.

The largest buyer was 1607 Capital Partners, adding an estimated $1.47M. The largest seller was Bank of America, cutting an estimated $1.26M.

  • 26 institutional investors held Nuveen Municipal Income (NMI) as of Q4 2018, up from 24 in Q3 2018.
  • Funds reported $6.33M of Nuveen Municipal Income stock for Q4 2018, up 19% quarter-over-quarter.
  • 7 funds opened new Nuveen Municipal Income positions in Q4 2018 and 5 closed out, a net change of +2 holders.
  • The largest Nuveen Municipal Income buyer in Q4 2018 was 1607 Capital Partners, an estimated $1.47M added.
  • The largest Nuveen Municipal Income seller in Q4 2018 was Bank of America, an estimated $1.26M sold.

Based on aggregated 13F filings for Q4 2018.