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Nuveen Quality Municipal Income Fund

172 hedge funds and large institutions have $542M invested in Nuveen Quality Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 48 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

13% more capital invested

Capital invested by funds: $480M → $542M (+$62.6M)

2.12% more ownership

Funds ownership: 18.09%20.21% (+2.1%)

4% less funds holding

Funds holding: 180172 (-8)

10% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 48

30% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 20

Holders
172
Holders Change
-8
Holders Change %
-4.44%
% of All Funds
3.94%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.16%
New
14
Increased
43
Reduced
48
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
26
Invesco
Georgia
$2.73M +$608K +46,218 +29%
PAM
27
PT Asset Management
Illinois
$2.44M
JWA
28
JFS Wealth Advisors
Pennsylvania
$2.41M +$31K +2,355 +1%
HFA
29
Huber Financial Advisors
Illinois
$2.4M +$303 +23 +0%
1832 Asset Management
30
1832 Asset Management
Ontario, Canada
$2.26M
NCMW
31
Northern Capital Management (Wisconsin)
Wisconsin
$2.23M +$108K +8,205 +5%
TCM
32
Tradewinds Capital Management
Washington
$2.06M -$55.2K -4,194 -3%
CIA
33
Capital Investment Advisors
Georgia
$1.78M -$20.9K -1,591 -1%
RJFSA
34
Raymond James Financial Services Advisors
Florida
$1.69M -$26.9K -2,044 -2%
Commonwealth Equity Services
35
Commonwealth Equity Services
Massachusetts
$1.64M -$212K -16,083 -12%
Cambridge Investment Research Advisors
36
Cambridge Investment Research Advisors
Iowa
$1.58M +$7.08K +538 +0.5%
LTFS
37
Ladenburg Thalmann Financial Services
Florida
$1.51M
HK
38
Horizon Kinetics
New York
$1.49M
LCM
39
Landscape Capital Management
New Jersey
$1.42M -$1.31M -99,396 -48%
FFA
40
First Foundation Advisors
California
$1.3M -$142K -10,805 -10%
ICA
41
Infrastructure Capital Advisors
New York
$1.22M
DLG
42
Daniel L. Goodwin
$1.15M
VCM
43
Vivaldi Capital Management
Illinois
$1.11M +$40.8K +3,102 +4%
Ameriprise
44
Ameriprise
Minnesota
$1.07M -$85.3K -6,483 -7%
BF
45
BOK Financial
Oklahoma
$1.04M +$1.02M +77,895 New
GLA
46
Great Lakes Advisors
Illinois
$1.03M -$94.1K -7,150 -8%
Northwestern Mutual Wealth Management
47
Northwestern Mutual Wealth Management
Wisconsin
$1.02M -$8.73K -664 -0.9%
BFEC
48
Benjamin F. Edwards & Company
Missouri
$1M +$35.2K +2,677 +4%
LPL Financial
49
LPL Financial
California
$985K -$55.6K -4,229 -5%
UCFA
50
United Capital Financial Advisors
Texas
$912K -$13.2K -1,000 -1%

NAD Hedge Fund Activity: Q2 2018 in Review

172 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2018, worth a combined $542M — up 13% from $480M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of NAD and 14 opened new positions — a net loss of 6 holders — while 48 trimmed existing stakes and 43 added.

The largest buyer was Karpus Investment Management, adding an estimated $34.1M. The largest seller was Sit Investment Associates, cutting an estimated $5.45M.

  • 172 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2018, down from 180 in Q1 2018.
  • Funds reported $542M of Nuveen Quality Municipal Income Fund stock for Q2 2018, up 13% quarter-over-quarter.
  • 14 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2018 and 20 closed out, a net change of -6 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q2 2018 was Karpus Investment Management, an estimated $34.1M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q2 2018 was Sit Investment Associates, an estimated $5.45M sold.

Based on aggregated 13F filings for Q2 2018.