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Nuveen Municipal Income

29 hedge funds and large institutions have $6.15M invested in Nuveen Municipal Income in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 7

1.09% less ownership

Funds ownership: 6.96%5.87% (-1.1%)

12% less funds holding

Funds holding: 3329 (-4)

15% less capital invested

Capital invested by funds: $7.27M → $6.15M (-$1.12M)

57% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 7

Holders
29
Holders Change
-4
Holders Change %
-12.12%
% of All Funds
0.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
8
Reduced
7
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$702K -$21.8K -1,921 -3%
LPL Financial
2
LPL Financial
California
$599K -$96.5K -8,488 -14%
GC
3
Guggenheim Capital
Illinois
$584K -$23.5K -2,068 -4%
WAM
4
Wakefield Asset Management
Colorado
$505K +$30.2K +2,658 +6%
P
5
&Partners
Tennessee
$468K +$65.8K +5,783 +16%
UBS Group
6
UBS Group
Switzerland
$327K -$22.5K -1,979 -6%
SPIA
7
Steward Partners Investment Advisory
New York
$268K +$32.9K +2,889 +14%
Stifel Financial
8
Stifel Financial
Missouri
$255K
OIA
9
OneDigital Investment Advisors
Kansas
$231K +$230K +20,208 New
WS
10
Wedbush Securities
California
$213K
Wells Fargo
11
Wells Fargo
California
$204K -$59.7K -5,250 -23%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$181K -$59.3K -5,214 -25%
RIA
13
Realta Investment Advisors
Delaware
$172K +$40K +3,520 +31%
RJA
14
Raymond James & Associates
Florida
$168K +$421 +37 +0.3%
SSWM
15
Sheets Smith Wealth Management
North Carolina
$167K
KAS
16
Kestra Advisory Services
Texas
$167K +$11.5K +1,012 +7%
Bank of America
17
Bank of America
North Carolina
$154K
NRI
18
NFP Retirement Inc
California
$144K +$819 +72 +0.6%
KMWM
19
Keudell/Morrison Wealth Management
Oregon
$135K
DC
20
Davenport & Co
Virginia
$117K
Osaic Holdings
21
Osaic Holdings
Arizona
$114K -$56.6K -4,980 -33%
US Bancorp
22
US Bancorp
Minnesota
$57K
HI
23
Harbour Investments
Wisconsin
$57K +$56.9K +5,000 New
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$54K
JCM
25
Jacobi Capital Management
Pennsylvania
$53K +$171 +15 +0.3%

NMI Hedge Fund Activity: Q1 2021 in Review

29 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Nuveen Municipal Income (NMI) for Q1 2021, worth a combined $6.15M — down 15% from $7.27M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of NMI and 3 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 8 added.

The largest buyer was OneDigital Investment Advisors, opening a new position worth an estimated $230K. The largest seller was Biltmore Family Office, exiting entirely with an estimated $775K sold.

  • 29 institutional investors held Nuveen Municipal Income (NMI) as of Q1 2021, down from 33 in Q4 2020.
  • Funds reported $6.15M of Nuveen Municipal Income stock for Q1 2021, down 15% quarter-over-quarter.
  • 3 funds opened new Nuveen Municipal Income positions in Q1 2021 and 7 closed out, a net change of -4 holders.
  • The largest Nuveen Municipal Income buyer in Q1 2021 was OneDigital Investment Advisors, an estimated $230K added.
  • The largest Nuveen Municipal Income seller in Q1 2021 was Biltmore Family Office, an estimated $775K sold.

Based on aggregated 13F filings for Q1 2021.