We are live on ! Find out more
NAD icon

Nuveen Quality Municipal Income Fund
NAD

212 hedge funds and large institutions have $727M invested in Nuveen Quality Municipal Income Fund in 2019 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 69 increasing their positions, 37 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 9

86% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 37

20% more funds holding in top 10

Funds holding in top 10: 5 → 6 (+1)

14% more capital invested

Capital invested by funds: $637M → $727M (+$89.3M)

10% more funds holding

Funds holding: 192 → 212 (+20)

0.42% less ownership

Funds ownership: 25.04% → 24.61% (-0.42%)

Holders
212
Holders Change
+20
Holders Change %
+10.42%
% of All Funds
4.18%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.12%
New
33
Increased
69
Reduced
37
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
+$8.29M
2
RJFSA
Raymond James Financial Services Advisors
Florida
+$4.02M
3
Morgan Stanley
Morgan Stanley
New York
+$2.82M
4
UBS Group
UBS Group
Switzerland
+$2.64M
5
SIA
Sit Investment Associates
Minnesota
+$2.33M

Top Sellers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
-$13.4M
2
COLIM
City of London Investment Management
United Kingdom
-$8.63M
3
BI
Bramshill Investments
Florida
-$8.5M
4
KIM
Karpus Investment Management
New York
-$8.1M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$5.27M
Name Holding Trade Value Shares
Change 		Change in
Stake
Baird Financial Group
51
Baird Financial Group
Wisconsin
$1.14M -$1.13M -78,216 -50%
FM
52
Family Management
New York
$1.13M – – –
Invesco
53
Invesco
Georgia
$1.13M +$129K +8,946 +13%
SMC
54
Smith, Moore & Co
Missouri
$1.02M +$155K +10,720 +18%
Envestnet Asset Management
55
Envestnet Asset Management
Illinois
$974K +$171K +11,857 +22%
PIA
56
Powell Investment Advisors
Florida
$901K +$893K +61,727 New
Citigroup
57
Citigroup
New York
$815K +$694K +47,967 +613%
EIP
58
Ellis Investment Partners
Pennsylvania
$799K +$636 +44 +0.1%
PAS
59
Park Avenue Securities
New York
$747K +$120K +8,267 +19%
HCM
60
Hollencrest Capital Management
California
$736K – – –
IAA
61
Independent Advisor Alliance
North Carolina
$695K +$689K +47,625 New
Creative Planning
62
Creative Planning
Kansas
$688K -$2.34K -162 -0.3%
Koshinski Asset Management
63
Koshinski Asset Management
Illinois
$650K +$643K +44,482 New
RCA
64
Ranch Capital Advisors
Florida
$619K +$29.8K +2,057 +5%
SWP
65
Stratos Wealth Partners
Ohio
$606K -$38.8K -2,683 -6%
Truist Financial
66
Truist Financial
North Carolina
$583K +$187K +12,930 +48%
WS
67
Wedbush Securities
California
$578K – – –
Northwestern Mutual Wealth Management
68
Northwestern Mutual Wealth Management
Wisconsin
$560K +$163K +11,261 +42%
ACP
69
Aviance Capital Partners
Florida
$553K +$2.18K +151 +0.4%
WFI
70
West Family Investments
California
$546K – – –
NL
71
NWAM LLC
Washington
$532K – – –
FHA
72
First Horizon Advisors
Tennessee
$508K – – –
CP
73
Camelot Portfolios
Ohio
$495K +$48.7K +3,369 +11%
EWM
74
Empirical Wealth Management
Washington
$483K +$5.28K +365 +1%
V
75
Veritable
Delaware
$472K – – –
1 2
3
4 5

NAD Hedge Fund Activity: Q4 2019 in Review

212 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q4 2019, worth a combined $727M — up 14% from $637M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new NAD positions and 9 closed out — a net gain of 24 holders — while 69 added to existing stakes and 37 trimmed.

The largest buyer was Wells Fargo, adding an estimated $8.29M. The largest seller was Rivernorth Capital Management, cutting an estimated $13.4M.

  • 212 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q4 2019, up from 192 in Q3 2019.
  • Funds reported $727M of Nuveen Quality Municipal Income Fund stock for Q4 2019, up 14% quarter-over-quarter.
  • 33 funds opened new Nuveen Quality Municipal Income Fund positions in Q4 2019 and 9 closed out, a net change of +24 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q4 2019 was Wells Fargo, an estimated $8.29M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q4 2019 was Rivernorth Capital Management, an estimated $13.4M sold.

Based on aggregated 13F filings for Q4 2019.