Nuveen Quality Municipal Income Fund
261 hedge funds and large institutions have $583M invested in Nuveen Quality Municipal Income Fund in 2022 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 78 increasing their positions, 65 reducing their positions, and 26 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 65
15% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 26
1% more funds holding
Funds holding: 259 → 261 (+2)
0.36% less ownership
Funds ownership: 23.06% → 22.71% (-0.36%)
13% less capital invested
Capital invested by funds: $671M → $583M (-$88.6M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$5.46M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.99M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.78M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.93M |
| 5 |
XF
XML Financial
Bethesda,
Maryland
|
+$3.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$28.1M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$8.26M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.88M |
| 4 |
Morgan Stanley
New York
|
-$2.96M |
| 5 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$2.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AW
276
ACG Wealth
Atlanta,
Georgia
| – | -$70K | -5,639 | Closed |
|
|
CCM
277
Chilton Capital Management
Houston,
Texas
| – | -$57K | -4,545 | Closed |
|
|
GLLW
278
Graves Light Lenhart Wealth
Harrisonburg,
Virginia
| – | -$37K | -3,000 | Closed |
|
|
CWP
279
Concord Wealth Partners
Abingdon,
Virginia
| – | -$28K | -2,240 | Closed |
|
|
CI
280
CX Institutional
Auburn,
Indiana
| – | -$25K | -1,993 | Closed |
|
|
FCAS
281
First Command Advisory Services
Fort Worth,
Texas
| – | -$21K | -1,701 | Closed |
|
|
SIAP
282
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
| – | -$12K | -955 | Closed |
|
|
OCM
283
Orion Capital Management
Coronado,
California
| – | -$9K | -752 | Closed |
|
|
AIP
284
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$7K | -600 | Closed |
|
|
VVP
285
Venture Visionary Partners
Sylvania,
Ohio
| – | -$6.41K | -514 | Closed |
|
|
PFGIA
286
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$3K | -203 | Closed |
|
287
Fidelity Investments
Boston,
Massachusetts
| – | +$12 | +1 | New |
|
NAD Hedge Fund Activity: Q3 2022 in Review
261 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q3 2022, worth a combined $583M — down 13% from $671M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new NAD positions and 26 closed out — a net gain of 4 holders — while 78 added to existing stakes and 65 trimmed.
The largest buyer was McGowan Group Asset Management, adding an estimated $5.46M. The largest seller was Rivernorth Capital Management, cutting an estimated $28.1M.
- 261 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q3 2022, up from 259 in Q2 2022.
- Funds reported $583M of Nuveen Quality Municipal Income Fund stock for Q3 2022, down 13% quarter-over-quarter.
- 30 funds opened new Nuveen Quality Municipal Income Fund positions in Q3 2022 and 26 closed out, a net change of +4 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q3 2022 was McGowan Group Asset Management, an estimated $5.46M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q3 2022 was Rivernorth Capital Management, an estimated $28.1M sold.
Based on aggregated 13F filings for Q3 2022.