Nuveen Quality Municipal Income Fund
244 hedge funds and large institutions have $880M invested in Nuveen Quality Municipal Income Fund in 2021 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 92 increasing their positions, 38 reducing their positions, and 24 closing their positions.
142% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 38
50% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 24
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
8% more capital invested
Capital invested by funds: $813M → $880M (+$67.5M)
5% more funds holding
Funds holding: 233 → 244 (+11)
1.81% less ownership
Funds ownership: 25.37% → 23.56% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$9.24M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$8.83M |
| 3 |
Morgan Stanley
New York
|
+$5.61M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$5.09M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$44.6M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$3.49M |
| 3 |
RVPG
Relative Value Partners Group
|
-$3.17M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.44M |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$984K |
NAD Hedge Fund Activity: Q2 2021 in Review
244 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2021, worth a combined $880M — up 8.3% from $813M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new NAD positions and 24 closed out — a net gain of 12 holders — while 92 added to existing stakes and 38 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $9.24M. The largest seller was Karpus Investment Management, cutting an estimated $44.6M.
- 244 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2021, up from 233 in Q1 2021.
- Funds reported $880M of Nuveen Quality Municipal Income Fund stock for Q2 2021, up 8.3% quarter-over-quarter.
- 36 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2021 and 24 closed out, a net change of +12 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q2 2021 was Bramshill Investments, an estimated $9.24M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q2 2021 was Karpus Investment Management, an estimated $44.6M sold.
Based on aggregated 13F filings for Q2 2021.