We are live on ! Find out more
NAD icon

Nuveen Quality Municipal Income Fund
NAD

60 hedge funds and large institutions have $49.4M invested in Nuveen Quality Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

14% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 14

5% more funds holding

Funds holding: 57 → 60 (+3)

4% more capital invested

Capital invested by funds: $47.7M → $49.4M (+$1.75M)

0.18% less ownership

Funds ownership: 8.31% → 8.12% (-0.18%)

Holders
60
Holders Change
+3
Holders Change %
+5.26%
% of All Funds
1.6%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
16
Reduced
14
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$1.17M
2
GC
Guggenheim Capital
Illinois
+$1.04M
3
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$777K
4
TC
TFS Capital
Pennsylvania
+$344K
5
SWP
Stratos Wealth Partners
Ohio
+$310K

Top Sellers

Rank Fund Capital Flow
1
PPA
Parametric Portfolio Associates
Washington
-$4.02M
2
Morgan Stanley
Morgan Stanley
New York
-$831K
3
LPL Financial
LPL Financial
California
-$381K
4
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
-$313K
5
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
-$222K
Name Holding Trade Value Shares
Change 		Change in
Stake
TC
26
TFS Capital
Pennsylvania
$350K +$344K +22,406 New
NIM
27
Northeast Investment Management
Massachusetts
$315K +$309K +20,133 New
DC
28
Davenport & Co
Virginia
$313K -$154K -10,000 -33%
Stifel Financial
29
Stifel Financial
Missouri
$278K +$1.14K +74 +0.4%
HCM
30
Hollencrest Capital Management
California
$241K – – –
VKH
31
Virtu KCG Holdings
New York
$215K +$211K +13,720 New
IA
32
IFP Advisors
Florida
$208K +$202K +13,128 +6,564%
GEM
33
Global Endowment Management
North Carolina
$207K – – –
DA
34
Doliver Advisors
Texas
$206K +$202K +13,180 New
YP
35
Yellowstone Partners
Idaho
$179K – – –
LCM
36
Laurion Capital Management
New York
$178K -$163K -10,598 -48%
SMH
37
Sanders Morris Harris
Texas
$176K +$173K +11,273 New
MFS
38
MSI Financial Services
Massachusetts
$174K -$32.2K -2,099 -16%
MAM
39
Marquette Asset Management
Minnesota
$174K – – –
KeyBank National Association
40
KeyBank National Association
Ohio
$165K – – –
Cambridge Investment Research Advisors
41
Cambridge Investment Research Advisors
Iowa
$157K +$154K +10,039 New
SIA
42
Sit Investment Associates
Minnesota
$156K – – –
SSB
43
Sandy Spring Bank
Maryland
$139K – – –
AG
44
Advisor Group
Arizona
$105K +$104K +6,775 New
SIM
45
Sonora Investment Management
Arizona
$96.2K – – –
Bank of Montreal
46
Bank of Montreal
Ontario, Canada
$78K – – –
US Bancorp
47
US Bancorp
Minnesota
$70K – – –
SNT
48
Security National Trust
West Virginia
$63K – – –
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
$61K – – –
GWM
50
Geneos Wealth Management
Colorado
$56K +$399 +26 +0.7%
1
2
3

NAD Hedge Fund Activity: Q2 2016 in Review

60 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2016, worth a combined $49.4M — up 3.7% from $47.7M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new NAD positions and 6 closed out — a net gain of 3 holders — while 16 added to existing stakes and 14 trimmed.

The largest buyer was Bank of America, adding an estimated $1.17M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $4.02M sold.

  • 60 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2016, up from 57 in Q1 2016.
  • Funds reported $49.4M of Nuveen Quality Municipal Income Fund stock for Q2 2016, up 3.7% quarter-over-quarter.
  • 9 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2016 and 6 closed out, a net change of +3 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q2 2016 was Bank of America, an estimated $1.17M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q2 2016 was Parametric Portfolio Associates, an estimated $4.02M sold.

Based on aggregated 13F filings for Q2 2016.