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Nuveen Quality Municipal Income Fund

229 hedge funds and large institutions have $813M invested in Nuveen Quality Municipal Income Fund in 2020 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 65 increasing their positions, 48 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 22

35% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 48

12% more capital invested

Capital invested by funds: $727M → $813M (+$85.9M)

8% more funds holding

Funds holding: 212229 (+17)

3.31% more ownership

Funds ownership: 24.61%27.92% (+3.3%)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
229
Holders Change
+17
Holders Change %
+8.02%
% of All Funds
5.05%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.11%
New
42
Increased
65
Reduced
48
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MCM
51
Maryland Capital Management
Maryland
$1.64M +$1.72M +119,271 New
UR
52
USCA RIA
Texas
$1.55M +$1.63M +113,070 New
LPL Financial
53
LPL Financial
California
$1.39M +$95.1K +6,583 +7%
PAG
54
Private Advisor Group
New Jersey
$1.33M -$28.6K -1,978 -2%
First Trust Advisors
55
First Trust Advisors
Illinois
$1.26M -$2.24K -155 -0.2%
Northwestern Mutual Wealth Management
56
Northwestern Mutual Wealth Management
Wisconsin
$1.24M +$749K +51,874 +135%
AA
57
AQR Arbitrage
Connecticut
$1.24M +$1.3M +89,864 New
DLG
58
Daniel L. Goodwin
$1.19M
Baird Financial Group
59
Baird Financial Group
Wisconsin
$1.1M +$30.5K +2,111 +3%
GEM
60
Global Endowment Management
North Carolina
$1.1M
Envestnet Asset Management
61
Envestnet Asset Management
Illinois
$1.07M +$161K +11,142 +17%
PIA
62
Powell Investment Advisors
Florida
$882K +$32.1K +2,222 +4%
MC
63
Moors & Cabot
Massachusetts
$835K +$878K +60,787 New
SMC
64
Smith, Moore & Co
Missouri
$813K -$153K -10,579 -15%
BRWM
65
B. Riley Wealth Management
Tennessee
$773K +$572K +39,604 +237%
Truist Financial
66
Truist Financial
North Carolina
$738K +$199K +13,792 +35%
HCM
67
Hollencrest Capital Management
California
$727K +$35.5K +2,454 +5%
EIP
68
Ellis Investment Partners
Pennsylvania
$726K +$7.86K +544 +1%
PAS
69
Park Avenue Securities
New York
$706K +$3.42K +237 +0.5%
LCM
70
Landscape Capital Management
New Jersey
$692K +$573K +39,659 +370%
WS
71
Wedbush Securities
California
$602K +$60.7K +4,200 +11%
RCA
72
Ranch Capital Advisors
Florida
$582K
SWP
73
Stratos Wealth Partners
Ohio
$570K -$448 -31 -0.1%
CP
74
Camelot Portfolios
Ohio
$570K +$110K +7,624 +23%
MA
75
Mutual Advisors
Nebraska
$562K +$171K +11,806 +41%

NAD Hedge Fund Activity: Q1 2020 in Review

229 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q1 2020, worth a combined $813M — up 12% from $727M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new NAD positions and 22 closed out — a net gain of 20 holders — while 65 added to existing stakes and 48 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $61.5M. The largest seller was Robinson Capital Management, cutting an estimated $6.7M.

  • 229 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q1 2020, up from 212 in Q4 2019.
  • Funds reported $813M of Nuveen Quality Municipal Income Fund stock for Q1 2020, up 12% quarter-over-quarter.
  • 42 funds opened new Nuveen Quality Municipal Income Fund positions in Q1 2020 and 22 closed out, a net change of +20 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q1 2020 was Karpus Investment Management, an estimated $61.5M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q1 2020 was Robinson Capital Management, an estimated $6.7M sold.

Based on aggregated 13F filings for Q1 2020.