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Nuveen Municipal Income

27 hedge funds and large institutions have $5.96M invested in Nuveen Municipal Income in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

8% more funds holding

Funds holding: 2527 (+2)

2% more capital invested

Capital invested by funds: $5.86M → $5.96M (+$104K)

0.16% more ownership

Funds ownership: 5.93%6.09% (+0.16%)

17% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 6

Holders
27
Holders Change
+2
Holders Change %
+8%
% of All Funds
0.55%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
5
Reduced
6
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$633K +$283 +27 +0%
GC
2
Guggenheim Capital
Illinois
$604K +$74K +7,050 +14%
Morgan Stanley
3
Morgan Stanley
New York
$587K -$242K -23,090 -30%
WAM
4
Wakefield Asset Management
Colorado
$427K +$419K +39,889 New
P
5
&Partners
Tennessee
$385K +$10.2K +970 +3%
RJA
6
Raymond James & Associates
Florida
$350K -$252 -24 -0.1%
LNB
7
Ledyard National Bank
$338K
Wells Fargo
8
Wells Fargo
California
$297K +$67K +6,382 +30%
UBS Group
9
UBS Group
Switzerland
$287K
SPIA
10
Steward Partners Investment Advisory
New York
$221K
Osaic Holdings
11
Osaic Holdings
Arizona
$199K -$42K -4,000 -18%
DAS
12
Dynamic Advisor Solutions
Arizona
$195K
Stifel Financial
13
Stifel Financial
Missouri
$190K +$186K +17,770 New
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$181K -$4.86K -463 -3%
WS
15
Wedbush Securities
California
$160K +$157K +14,979 New
SSWM
16
Sheets Smith Wealth Management
North Carolina
$156K
Bank of America
17
Bank of America
North Carolina
$137K -$24.4K -2,325 -15%
KMWM
18
Keudell/Morrison Wealth Management
Oregon
$126K
RIA
19
Realta Investment Advisors
Delaware
$123K
Janney Montgomery Scott
20
Janney Montgomery Scott
Pennsylvania
$117K
PAG
21
Private Advisor Group
New Jersey
$61K +$59.5K +5,670 New
US Bancorp
22
US Bancorp
Minnesota
$54K
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$50K -$1.42K -135 -3%
JCM
24
Jacobi Capital Management
Pennsylvania
$49K +$252 +24 +0.5%
AF
25
Advisornet Financial
Minnesota
$16K

NMI Hedge Fund Activity: Q2 2020 in Review

27 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q2 2020, worth a combined $5.96M — up 1.8% from $5.86M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new NMI positions and 3 closed out — a net gain of 2 holders — while 5 added to existing stakes and 6 trimmed.

The largest buyer was Wakefield Asset Management, opening a new position worth an estimated $419K. The largest seller was Morgan Stanley, cutting an estimated $242K.

  • 27 institutional investors held Nuveen Municipal Income (NMI) as of Q2 2020, up from 25 in Q1 2020.
  • Funds reported $5.96M of Nuveen Municipal Income stock for Q2 2020, up 1.8% quarter-over-quarter.
  • 5 funds opened new Nuveen Municipal Income positions in Q2 2020 and 3 closed out, a net change of +2 holders.
  • The largest Nuveen Municipal Income buyer in Q2 2020 was Wakefield Asset Management, an estimated $419K added.
  • The largest Nuveen Municipal Income seller in Q2 2020 was Morgan Stanley, an estimated $242K sold.

Based on aggregated 13F filings for Q2 2020.