Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Nuveen Mun Income Fd Inc (NMI)

35 + Investors. Track Smart Money conviction in NMI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
5Q ▲
Buyers last Q
57%

Smart Money Signals — NMI

Based on 35 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added NMI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
35 hedge funds hold NMI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +40% more funds vs a year ago

fund count last 6Q
+10 new funds entered over the past year (+40% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 57% buying

16 buying12 selling
Last quarter: 16 funds bought or added vs 12 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~4 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 6 → 5 → 4. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 17% medium ■ 29% new
19 out of 35 hedge funds have held NMI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~4 new funds/quarter

5 → 4 → 6 → 5 → 4 new funds/Q
New funds entering each quarter: 4 → 6 → 5 → 4. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 57% veterans vs 37% newcomers

■ 57% veterans ■ 6% 1-2yr ■ 37% new
Entry-cohort mix of 35 holders: 20 (57%) are 2+ year veterans, 2 entered 1–2 years ago, and 13 (37%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
8 of 35 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in NMI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NMI

In 2026 Q2, 16 hedge funds were net buyers of NMI (4 opened a new position, 12 added to an existing one), while 12 reduced or exited (9 trimmed, 3 sold completely) — a 57% buyer ratio, indicating a slight buying edge. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 52% of total institutional value in NMI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 35.

Hedge Fund Ownership: NMI

How many hedge funds hold NMI — quarterly history vs. share price
Quarterly hedge fund ownership of NMI vs. share price

Market Analysis: NMI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NMI

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: NMI
35 + Investors

Track Smart Money conviction in NMI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 35 34 2.94%
13F Shares 2M 2M 9.21%
Total Value $22M $19M 16.69%
New Positions 4 5 -1
Increased Positions 12 10 +2
Closed Positions 3 0 +3
Reduced Positions 9 9 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NMI

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

35 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NMI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NMI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Fortitude Advisory Group L.L.C. 0.11% 26,920 $297K
2 Hennion & Walsh Asset Management, Inc. 0.07% 209,716 $2.3M
3 URS Advisory LLC 0.06% 10,264 $113K
4 WESPAC Advisors, LLC 0.05% 10,000 $110K
5 World Investment Advisors 0.05% 276,683 $2.9M
6 Astoria Portfolio Advisors LLC. 0.02% 11,824 $130K
7 Apollon Financial, LLC 0.02% 15,600 $172K
8 Jacobi Capital Management LLC 0.01% 27,374 $302K
9 Private Trust Co NA 0.01% 10,000 $110K
10 Guggenheim Capital LLC 0.01% 121,328 $1.3M
11 Avior Wealth Management, LLC 0.01% 20,370 $224K
12 OneDigital Investment Advisors LLC 0.00% 37,115 $409K
13 Jones Financial Companies Lllp 0.00% 736,580 $8.1M
14 Harbor Investment Advisory, LLC 0.00% 2,975 $33K
15 Kestra Advisory Services, LLC 0.00% 24,705 $272K
16 Osaic Holdings, INC. 0.00% 48,568 $535K
17 Cetera Investment Advisers 0.00% 55,383 $610K
18 Arax Advisory Partners 0.00% 6,360 $70K
19 Ameritas Advisory Services, LLC 0.00% 2,000 $22K
20 Truist Financial Corp 0.00% 25,996 $286K
21 Commonwealth Equity Services, LLC 0.00% 24,667 $272K
22 LPL Financial LLC 0.00% 90,085 $993K
23 Steward Partners Investment Advisory, LLC 0.00% 3,300 $36K
24 Envestnet Asset Management Inc 0.00% 33,948 $374K
25 Wells Fargo & Company/Mn 0.00% 36,800 $406K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Nuveen Mun Income Fd Inc (NMI)

What does the Smart Money Trend signal show for NMI?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added NMI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NMI?

Slight buying edge — 57% buying: Last quarter: 16 funds bought or added vs 12 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NMI holders?

Elite ownership — 52% AUM from top-100 funds: 8 of 35 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in NMI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NMI?

54% of holders stayed for 2+ years: 19 out of 35 hedge funds have held NMI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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