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Nuveen Quality Municipal Income Fund

271 hedge funds and large institutions have $948M invested in Nuveen Quality Municipal Income Fund in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 96 increasing their positions, 72 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 72

27% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 22

1% more funds holding

Funds holding: 268271 (+3)

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

4% less capital invested

Capital invested by funds: $985M → $948M (-$36.9M)

1.38% less ownership

Funds ownership: 36.73%35.35% (-1.4%)

Holders
271
Holders Change
+3
Holders Change %
+1.12%
% of All Funds
3.9%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
28
Increased
96
Reduced
72
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
26
Advisors Asset Management
Colorado
$6.13M +$481K +42,566 +9%
Stifel Financial
27
Stifel Financial
Missouri
$5.89M +$521K +46,092 +10%
PCM
28
Penserra Capital Management
California
$5.84M +$1.04M +92,132 +22%
Rockefeller Capital Management
29
Rockefeller Capital Management
New York
$5.56M +$238K +21,032 +5%
DWM
30
Dakota Wealth Management
Florida
$5.53M +$72.8K +6,441 +1%
LCM
31
Landscape Capital Management
New Jersey
$5.48M -$1.89M -167,172 -26%
LPL Financial
32
LPL Financial
California
$5.4M +$400K +35,420 +8%
RJA
33
Raymond James & Associates
Florida
$5.3M -$19.7K -1,743 -0.4%
COLIM
34
City of London Investment Management
United Kingdom
$5.25M +$1.7M +150,699 +49%
Envestnet Asset Management
35
Envestnet Asset Management
Illinois
$5.07M +$319K +28,272 +7%
Commonwealth Equity Services
36
Commonwealth Equity Services
Massachusetts
$4.91M -$729K -64,577 -13%
TWP
37
Tyche Wealth Partners
Texas
$4.83M +$160K +14,205 +3%
Baird Financial Group
38
Baird Financial Group
Wisconsin
$4.8M -$1.33K -118 -0%
NMC
39
Nine Masts Capital
Hong Kong
$4.59M +$4.52M +400,360 New
CIA
40
Capital Investment Advisors
Georgia
$4.36M +$13.3K +1,180 +0.3%
FPCP
41
Fort Point Capital Partners
California
$4.28M +$3.35M +296,273 +386%
RC
42
Rareview Capital
Nevada
$4.14M +$202K +17,906 +5%
MSL
43
Mackay Shields LLC
New York
$4.08M +$4.03M +356,454 New
GA
44
GFS Advisors
Texas
$3.86M -$226K -20,000 -6%
LA
45
LM Advisors
California
$3.77M +$90.6K +8,024 +2%
TIM
46
Tortoise Investment Management
New York
$3.68M -$489K -43,283 -12%
Allianz Asset Management
47
Allianz Asset Management
Germany
$3.45M
Cetera Investment Advisers
48
Cetera Investment Advisers
Illinois
$3.36M +$2.96M +262,101 +833%
Ameriprise
49
Ameriprise
Minnesota
$3.12M -$1.69M -149,212 -35%
Osaic Holdings
50
Osaic Holdings
Arizona
$3M +$328K +29,044 +12%

NAD Hedge Fund Activity: Q1 2024 in Review

271 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q1 2024, worth a combined $948M — down 3.7% from $985M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new NAD positions and 22 closed out — a net gain of 6 holders — while 96 added to existing stakes and 72 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $11.4M. The largest seller was Morgan Stanley, cutting an estimated $54.2M.

  • 271 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q1 2024, up from 268 in Q4 2023.
  • Funds reported $948M of Nuveen Quality Municipal Income Fund stock for Q1 2024, down 3.7% quarter-over-quarter.
  • 28 funds opened new Nuveen Quality Municipal Income Fund positions in Q1 2024 and 22 closed out, a net change of +6 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q1 2024 was Karpus Investment Management, an estimated $11.4M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $54.2M sold.

Based on aggregated 13F filings for Q1 2024.