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Nuveen Quality Municipal Income Fund

271 hedge funds and large institutions have $948M invested in Nuveen Quality Municipal Income Fund in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 96 increasing their positions, 72 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 72

27% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 22

1% more funds holding

Funds holding: 268271 (+3)

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

4% less capital invested

Capital invested by funds: $985M → $948M (-$36.9M)

1.38% less ownership

Funds ownership: 36.73%35.35% (-1.4%)

Holders
271
Holders Change
+3
Holders Change %
+1.12%
% of All Funds
3.9%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
28
Increased
96
Reduced
72
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
XF
76
XML Financial
Maryland
$1.4M -$217K -19,203 -14%
AWM
77
Avior Wealth Management
Nebraska
$1.36M +$222K +19,648 +20%
Janney Montgomery Scott
78
Janney Montgomery Scott
Pennsylvania
$1.36M -$78.6K -6,962 -6%
RP
79
Riverbridge Partners
Minnesota
$1.34M +$35.7K +3,158 +3%
WAOTB
80
Wealth Advisors of Tampa Bay
Florida
$1.33M +$565K +50,000 +76%
AGA
81
Arkos Global Advisors
Texas
$1.33M
HKAM
82
Horizon Kinetics Asset Management
New York
$1.3M -$625K -55,365 -33%
PAG
83
Private Advisor Group
New Jersey
$1.24M +$14.9K +1,315 +1%
Mariner
84
Mariner
Kansas
$1.1M +$21.2K +1,877 +2%
MPW
85
Melone Private Wealth
Michigan
$1.06M +$7.81K +691 +0.8%
MGAM
86
McGowan Group Asset Management
Texas
$1.05M +$1.03M +91,536 New
Cerity Partners
87
Cerity Partners
New York
$990K -$11.3K -1,000 -1%
GWMR
88
GC Wealth Management RIA
Massachusetts
$904K -$133K -11,761 -13%
GM
89
GeoWealth Management
Illinois
$884K -$153K -13,551 -15%
ASN
90
Advisory Services Network
Georgia
$877K +$12.9K +1,143 +2%
SWP
91
Stratos Wealth Partners
Ohio
$864K -$559K -49,458 -40%
CCWA
92
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$805K -$184K -16,251 -19%
Bank of New York Mellon
93
Bank of New York Mellon
New York
$789K -$146K -12,906 -16%
NA
94
NewEdge Advisors
Louisiana
$768K +$204K +18,049 +37%
OC
95
Oppenheimer & Co
New York
$743K
CGA
96
Crescent Grove Advisors
Illinois
$677K +$665K +58,890 New
Northwestern Mutual Wealth Management
97
Northwestern Mutual Wealth Management
Wisconsin
$662K -$62K -5,492 -9%
SPIA
98
Steward Partners Investment Advisory
New York
$661K +$45.9K +4,062 +8%
BWM
99
BNC Wealth Management
Oregon
$638K
Bank of Montreal
100
Bank of Montreal
Ontario, Canada
$616K -$145K -12,804 -21%

NAD Hedge Fund Activity: Q1 2024 in Review

271 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q1 2024, worth a combined $948M — down 3.7% from $985M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new NAD positions and 22 closed out — a net gain of 6 holders — while 96 added to existing stakes and 72 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $11.4M. The largest seller was Morgan Stanley, cutting an estimated $54.2M.

  • 271 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q1 2024, up from 268 in Q4 2023.
  • Funds reported $948M of Nuveen Quality Municipal Income Fund stock for Q1 2024, down 3.7% quarter-over-quarter.
  • 28 funds opened new Nuveen Quality Municipal Income Fund positions in Q1 2024 and 22 closed out, a net change of +6 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q1 2024 was Karpus Investment Management, an estimated $11.4M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $54.2M sold.

Based on aggregated 13F filings for Q1 2024.