Nuveen Quality Municipal Income Fund
58 hedge funds and large institutions have $50.3M invested in Nuveen Quality Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
12% more funds holding
Funds holding: 52 → 58 (+6)
1.34% less ownership
Funds ownership: 10.39% → 9.06% (-1.3%)
13% less capital invested
Capital invested by funds: $58.1M → $50.3M (-$7.82M)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
51
Stancorp Investment Advisers
Portland,
Oregon
| $11K | – | – | – |
|
|
BC
52
Bartlett & Co
Cincinnati,
Ohio
| $9K | – | – | – |
|
53
Citigroup
New York
| $7K | +$7.33K | +512 | New |
|
|
MA
54
MUFG Americas
New York
| $6K | +$916 | +64 | +19% |
|
|
ASN
55
Advisory Services Network
Atlanta,
Georgia
| $5K | – | – | – |
|
|
EWM
56
Evercore Wealth Management
New York
| $5K | +$4.77K | +333 | New |
|
57
Northern Trust
Chicago,
Illinois
| $4K | – | – | – |
|
|
VC
58
Vicus Capital
State College,
Pennsylvania
| $247 | – | – | – |
|
|
MGAM
59
McGowan Group Asset Management
Dallas,
Texas
| – | -$10.1M | -706,632 | Closed |
|
60
AQR Capital Management
Greenwich,
Connecticut
| – | -$1.07M | -74,678 | Closed |
|
61
US Bancorp
Minneapolis,
Minnesota
| – | -$11K | -750 | Closed |
|
NAD Hedge Fund Activity: Q1 2015 in Review
58 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q1 2015, worth a combined $50.3M — down 13% from $58.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NAD positions and 3 closed out — a net gain of 6 holders — while 19 added to existing stakes and 14 trimmed.
The largest buyer was Mariner Investment Group, opening a new position worth an estimated $1.3M. The largest seller was McGowan Group Asset Management, exiting entirely with an estimated $10.1M sold.
- 58 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q1 2015, up from 52 in Q4 2014.
- Funds reported $50.3M of Nuveen Quality Municipal Income Fund stock for Q1 2015, down 13% quarter-over-quarter.
- 9 funds opened new Nuveen Quality Municipal Income Fund positions in Q1 2015 and 3 closed out, a net change of +6 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q1 2015 was Mariner Investment Group, an estimated $1.3M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q1 2015 was McGowan Group Asset Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2015.