Nuveen Quality Municipal Income Fund
157 hedge funds and large institutions have $337M invested in Nuveen Quality Municipal Income Fund in 2017 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 49 increasing their positions, 43 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
14% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 43
8% more capital invested
Capital invested by funds: $311M → $337M (+$25.8M)
2% more funds holding
Funds holding: 154 → 157 (+3)
0.64% more ownership
Funds ownership: 11.26% → 11.9% (+0.64%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$20.4M |
| 2 |
Morgan Stanley
New York
|
+$4.89M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.25M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.93M |
| 5 |
VanEck Associates
New York
|
+$847K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$4.79M |
| 2 |
JP Morgan Chase
New York
|
-$3.01M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.78M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.47M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.47M |
NAD Hedge Fund Activity: Q2 2017 in Review
157 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2017, worth a combined $337M — up 8.3% from $311M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NAD positions and 9 closed out — a net gain of 5 holders — while 49 added to existing stakes and 43 trimmed.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $20.4M. The largest seller was LPL Financial, cutting an estimated $4.79M.
- 157 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2017, up from 154 in Q1 2017.
- Funds reported $337M of Nuveen Quality Municipal Income Fund stock for Q2 2017, up 8.3% quarter-over-quarter.
- 14 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2017 and 9 closed out, a net change of +5 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $20.4M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q2 2017 was LPL Financial, an estimated $4.79M sold.
Based on aggregated 13F filings for Q2 2017.