Nuveen Quality Municipal Income Fund
271 hedge funds and large institutions have $594M invested in Nuveen Quality Municipal Income Fund in 2025 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 87 increasing their positions, 72 reducing their positions, and 29 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 72
7% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 29
1% less funds holding
Funds holding: 274 → 271 (-3)
2.2% less ownership
Funds ownership: 23.97% → 21.77% (-2.2%)
6% less capital invested
Capital invested by funds: $632M → $594M (-$37.7M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$5.12M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.14M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.17M |
| 4 |
GA
GFS Advisors
Houston,
Texas
|
+$1.08M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$29.5M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$13.3M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$9.16M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.77M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$4.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
JP Morgan Chase
New York
| – | -$9.66K | -856 | Closed |
|
NAD Hedge Fund Activity: Q3 2025 in Review
271 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q3 2025, worth a combined $594M — down 6% from $632M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of NAD and 27 opened new positions — a net loss of 2 holders — while 72 trimmed existing stakes and 87 added.
The largest buyer was Raymond James Financial, adding an estimated $5.12M. The largest seller was Rivernorth Capital Management, cutting an estimated $29.5M.
- 271 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q3 2025, down from 274 in Q2 2025.
- Funds reported $594M of Nuveen Quality Municipal Income Fund stock for Q3 2025, down 6% quarter-over-quarter.
- 27 funds opened new Nuveen Quality Municipal Income Fund positions in Q3 2025 and 29 closed out, a net change of -2 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q3 2025 was Raymond James Financial, an estimated $5.12M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q3 2025 was Rivernorth Capital Management, an estimated $29.5M sold.
Based on aggregated 13F filings for Q3 2025.