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Nuveen Municipal Income

26 hedge funds and large institutions have $6.68M invested in Nuveen Municipal Income in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more capital invested

Capital invested by funds: $5.96M → $6.68M (+$720K)

0.05% more ownership

Funds ownership: 6.09%6.14% (+0.05%)

0% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 7

4% less funds holding

Funds holding: 2726 (-1)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

Holders
26
Holders Change
-1
Holders Change %
-3.7%
% of All Funds
0.52%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
7
Reduced
7
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$725K +$20.7K +1,805 +3%
Morgan Stanley
2
Morgan Stanley
New York
$692K +$39.4K +3,437 +6%
GC
3
Guggenheim Capital
Illinois
$650K -$20.7K -1,806 -3%
WAM
4
Wakefield Asset Management
Colorado
$467K -$6.74K -588 -1%
P
5
&Partners
Tennessee
$428K +$1.41K +123 +0.3%
RJA
6
Raymond James & Associates
Florida
$388K -$802 -70 -0.2%
LNB
7
Ledyard National Bank
$376K
UBS Group
8
UBS Group
Switzerland
$325K +$6.23K +544 +2%
Wells Fargo
9
Wells Fargo
California
$301K -$28.7K -2,505 -9%
Stifel Financial
10
Stifel Financial
Missouri
$265K +$51.6K +4,500 +25%
SPIA
11
Steward Partners Investment Advisory
New York
$245K
DAS
12
Dynamic Advisor Solutions
Arizona
$221K +$5K +436 +2%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$188K -$13.4K -1,169 -7%
Osaic Holdings
14
Osaic Holdings
Arizona
$183K -$36.9K -3,218 -17%
WS
15
Wedbush Securities
California
$178K
SSWM
16
Sheets Smith Wealth Management
North Carolina
$173K
Bank of America
17
Bank of America
North Carolina
$145K -$6.3K -550 -4%
KMWM
18
Keudell/Morrison Wealth Management
Oregon
$140K
RIA
19
Realta Investment Advisors
Delaware
$137K
LHC
20
Little House Capital
Massachusetts
$130K +$126K +11,000 New
DC
21
Davenport & Co
Virginia
$122K +$118K +10,261 New
US Bancorp
22
US Bancorp
Minnesota
$59K
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$55K
JCM
24
Jacobi Capital Management
Pennsylvania
$54K +$252 +22 +0.5%
AF
25
Advisornet Financial
Minnesota
$18K

NMI Hedge Fund Activity: Q3 2020 in Review

26 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q3 2020, worth a combined $6.68M — up 12% from $5.96M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of NMI and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 7 added.

The largest buyer was Little House Capital, opening a new position worth an estimated $126K. The largest seller was Janney Montgomery Scott, exiting entirely with an estimated $117K sold.

  • 26 institutional investors held Nuveen Municipal Income (NMI) as of Q3 2020, down from 27 in Q2 2020.
  • Funds reported $6.68M of Nuveen Municipal Income stock for Q3 2020, up 12% quarter-over-quarter.
  • 2 funds opened new Nuveen Municipal Income positions in Q3 2020 and 3 closed out, a net change of -1 holder.
  • The largest Nuveen Municipal Income buyer in Q3 2020 was Little House Capital, an estimated $126K added.
  • The largest Nuveen Municipal Income seller in Q3 2020 was Janney Montgomery Scott, an estimated $117K sold.

Based on aggregated 13F filings for Q3 2020.