Nuveen Quality Municipal Income Fund
55 hedge funds and large institutions have $60M invested in Nuveen Quality Municipal Income Fund in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 8 closing their positions.
0.9% less ownership
Funds ownership: 11.78% → 10.87% (-0.9%)
3% less capital invested
Capital invested by funds: $61.6M → $60M (-$1.6M)
11% less funds holding
Funds holding: 62 → 55 (-7)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
51
MUFG Americas
New York
| $5K | – | – | – |
|
|
PSI
52
Pinnacle Summer Investments
Fairfax,
Virginia
| $5K | – | – | – |
|
53
Northern Trust
Chicago,
Illinois
| $4K | +$24.9K | +1,800 | +7% |
|
54
US Bancorp
Minneapolis,
Minnesota
| $1K | -$10.4K | -749 | -91% |
|
|
GCM
55
Gruss Capital Management
New York
| – | -$638K | -47,614 | Closed |
|
|
TC
56
TFS Capital
West Chester,
Pennsylvania
| – | -$427K | -31,866 | Closed |
|
57
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$180K | -13,461 | Closed |
|
58
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$146K | -10,937 | Closed |
|
59
AllianceBernstein
Nashville,
Tennessee
| – | -$41K | -3,044 | Closed |
|
60
Citigroup
New York
| – | -$27K | -2,016 | Closed |
|
|
MAS
61
Madden Advisory Services
Jacksonville,
Florida
| – | -$27K | -2,000 | Closed |
|
|
TRCT
62
Tower Research Capital (TRC)
New York
| – | -$2K | -124 | Closed |
|
NAD Hedge Fund Activity: Q2 2014 in Review
55 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2014, worth a combined $60M — down 2.6% from $61.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NAD and 1 opened new positions — a net loss of 7 holders — while 17 trimmed existing stakes and 14 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $698K. The largest seller was Guggenheim Capital, cutting an estimated $1.6M.
- 55 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2014, down from 62 in Q1 2014.
- Funds reported $60M of Nuveen Quality Municipal Income Fund stock for Q2 2014, down 2.6% quarter-over-quarter.
- 1 fund opened new Nuveen Quality Municipal Income Fund positions in Q2 2014 and 8 closed out, a net change of -7 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q2 2014 was Parametric Portfolio Associates, an estimated $698K added.
- The largest Nuveen Quality Municipal Income Fund seller in Q2 2014 was Guggenheim Capital, an estimated $1.6M sold.
Based on aggregated 13F filings for Q2 2014.