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Nuveen Quality Municipal Income Fund

229 hedge funds and large institutions have $813M invested in Nuveen Quality Municipal Income Fund in 2020 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 65 increasing their positions, 48 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 22

35% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 48

12% more capital invested

Capital invested by funds: $727M → $813M (+$85.9M)

8% more funds holding

Funds holding: 212229 (+17)

3.31% more ownership

Funds ownership: 24.61%27.92% (+3.3%)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
229
Holders Change
+17
Holders Change %
+8.02%
% of All Funds
5.05%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.11%
New
42
Increased
65
Reduced
48
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DSC
226
Duncker Streett & Co
Missouri
$1K
NL
227
NWAM LLC
Washington
$501
TI
228
tru Independence
Oregon
$83
Fiera Capital (Canada)
229
Fiera Capital (Canada)
Quebec, Canada
-$4.84M -331,626 Closed
IAN
230
Integrated Advisors Network
Texas
-$1.81M -123,675 Closed
IAA
231
Independent Advisor Alliance
North Carolina
-$695K -47,625 Closed
FHA
232
First Horizon Advisors
Tennessee
-$508K -34,850 Closed
SS
233
Sunbelt Securities
Texas
-$445K -30,509 Closed
Bank of New York Mellon
234
Bank of New York Mellon
New York
-$395K -27,082 Closed
G
235
Gainplan
Michigan
-$395K -27,046 Closed
GT
236
Glenview Trust
Kentucky
-$272K -18,600 Closed
TC
237
Truvestments Capital
Florida
-$266K -18,250 Closed
PCM
238
Prelude Capital Management
New York
-$255K -17,484 Closed
PFO
239
Pathstone Family Office
New Jersey
-$2.23M -15,239 Closed
PWPS
240
Pinnacle Wealth Planning Services
Ohio
-$204K -13,995 Closed
CA
241
Calton & Associates
Florida
-$198K -13,530 Closed
MOS
242
MGO One Seven
Ohio
-$194K -13,309 Closed
PWP
243
Personal Wealth Partners
Minnesota
-$29K -1,993 Closed
ASN
244
Advisory Services Network
Georgia
-$28K -1,940 Closed
TA
245
TFG Advisers
Michigan
-$28K -1,930 Closed
Bank of Montreal
246
Bank of Montreal
Ontario, Canada
-$27K -1,865 Closed
ACM
247
Anfield Capital Management
California
-$25K -1,690 Closed
MIM
248
Macroview Investment Management
Maryland
-$24K -1,639 Closed
BRC
249
Bell Rock Capital
Delaware
-$13K -926 Closed
JP Morgan Chase
250
JP Morgan Chase
New York
-$10K -680 Closed

NAD Hedge Fund Activity: Q1 2020 in Review

229 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q1 2020, worth a combined $813M — up 12% from $727M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new NAD positions and 22 closed out — a net gain of 20 holders — while 65 added to existing stakes and 48 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $61.5M. The largest seller was Robinson Capital Management, cutting an estimated $6.7M.

  • 229 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q1 2020, up from 212 in Q4 2019.
  • Funds reported $813M of Nuveen Quality Municipal Income Fund stock for Q1 2020, up 12% quarter-over-quarter.
  • 42 funds opened new Nuveen Quality Municipal Income Fund positions in Q1 2020 and 22 closed out, a net change of +20 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q1 2020 was Karpus Investment Management, an estimated $61.5M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q1 2020 was Robinson Capital Management, an estimated $6.7M sold.

Based on aggregated 13F filings for Q1 2020.