Nuveen Quality Municipal Income Fund
52 hedge funds and large institutions have $58.1M invested in Nuveen Quality Municipal Income Fund in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 10 closing their positions.
10% more capital invested
Capital invested by funds: $52.9M → $58.1M (+$5.2M)
0.59% more ownership
Funds ownership: 9.8% → 10.39% (+0.59%)
5% less funds holding
Funds holding: 55 → 52 (-3)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$430K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$345K |
| 3 |
Morgan Stanley
New York
|
+$301K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$183K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.95M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.93M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.35M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$944K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$296K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
51
Advisory Services Network
Atlanta,
Georgia
| $5K | +$4.81K | +340 | New |
|
52
Northern Trust
Chicago,
Illinois
| $4K | – | – | – |
|
|
DA
53
Doliver Advisors
Houston,
Texas
| – | -$268K | -19,330 | Closed |
|
|
RJA
54
Raymond James & Associates
St Petersburg,
Florida
| – | -$227K | -16,380 | Closed |
|
|
LCM
55
Landscape Capital Management
Englewood,
New Jersey
| – | -$178K | -12,861 | Closed |
|
56
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$145K | -10,458 | Closed |
|
|
VKH
57
Virtu KCG Holdings
New York
| – | -$140K | -10,133 | Closed |
|
58
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$25K | -1,800 | Closed |
|
|
BPBT
59
Boston Private Bank & Trust
Boston,
Massachusetts
| – | -$23K | -1,650 | Closed |
|
|
TWA
60
TCI Wealth Advisors
Tucson,
Arizona
| – | -$15K | -1,072 | Closed |
|
|
CA
61
CapWealth Advisors
Franklin,
Tennessee
| – | -$12K | -900 | Closed |
|
|
EWM
62
Evercore Wealth Management
New York
| – | -$5K | -333 | Closed |
|
NAD Hedge Fund Activity: Q4 2014 in Review
52 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q4 2014, worth a combined $58.1M — up 9.8% from $52.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NAD and 8 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 8 added.
The largest buyer was Stratos Wealth Partners, opening a new position worth an estimated $430K. The largest seller was Guggenheim Capital, cutting an estimated $1.95M.
- 52 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q4 2014, down from 55 in Q3 2014.
- Funds reported $58.1M of Nuveen Quality Municipal Income Fund stock for Q4 2014, up 9.8% quarter-over-quarter.
- 8 funds opened new Nuveen Quality Municipal Income Fund positions in Q4 2014 and 10 closed out, a net change of -2 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q4 2014 was Stratos Wealth Partners, an estimated $430K added.
- The largest Nuveen Quality Municipal Income Fund seller in Q4 2014 was Guggenheim Capital, an estimated $1.95M sold.
Based on aggregated 13F filings for Q4 2014.