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Nuveen Quality Municipal Income Fund

172 hedge funds and large institutions have $542M invested in Nuveen Quality Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 48 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

13% more capital invested

Capital invested by funds: $480M → $542M (+$62.6M)

2.12% more ownership

Funds ownership: 18.09%20.21% (+2.1%)

4% less funds holding

Funds holding: 180172 (-8)

10% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 48

30% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 20

Holders
172
Holders Change
-8
Holders Change %
-4.44%
% of All Funds
3.94%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.16%
New
14
Increased
43
Reduced
48
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GWM
101
Geneos Wealth Management
Colorado
$222K +$368 +28 +0.2%
Cetera Investment Advisers
102
Cetera Investment Advisers
Illinois
$217K +$213K +16,229 New
NEPWA
103
New England Private Wealth Advisors
Massachusetts
$214K
IIA
104
IPG Investment Advisors
California
$212K
AWA
105
AmeriServ Wealth Advisors
Pennsylvania
$206K
GBA
106
Garrison Bradford & Associates
New York
$203K
CRC
107
Curi RMB Capital
Illinois
$199K
DADC
108
D.A. Davidson & Co
Montana
$189K
DAM
109
Delta Asset Management
Tennessee
$188K
DI
110
Diligent Investors
California
$188K +$39.9K +3,033 +27%
ECM
111
Evergreen Capital Management
Washington
$183K
TNB
112
Thomasville National Bank
Georgia
$182K
DWT
113
Dorsey & Whitney Trust
South Dakota
$180K
Citigroup
114
Citigroup
New York
$175K -$89.3K -6,789 -34%
BHWM
115
Bar Harbor Wealth Management
New Hampshire
$173K
NFC
116
Northeast Financial Consultants
Connecticut
$173K
CWS
117
Cypress Wealth Services
California
$168K
PWPS
118
Pinnacle Wealth Planning Services
Ohio
$166K -$1.97K -150 -1%
Lido Advisors
119
Lido Advisors
California
$164K
RJT
120
Raymond James Trust
Florida
$163K
BB
121
Busey Bank
Illinois
$161K +$159K +12,086 New
V
122
Veritable
Delaware
$158K +$18.4K +1,400 +13%
CBTWT
123
Community Bank & Trust (Waco, Texas)
Texas
$156K -$4.16K -316 -3%
NSIM
124
North Star Investment Management
Illinois
$147K
SIM
125
Sonora Investment Management
Arizona
$144K

NAD Hedge Fund Activity: Q2 2018 in Review

172 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2018, worth a combined $542M — up 13% from $480M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of NAD and 14 opened new positions — a net loss of 6 holders — while 48 trimmed existing stakes and 43 added.

The largest buyer was Karpus Investment Management, adding an estimated $34.1M. The largest seller was Sit Investment Associates, cutting an estimated $5.45M.

  • 172 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2018, down from 180 in Q1 2018.
  • Funds reported $542M of Nuveen Quality Municipal Income Fund stock for Q2 2018, up 13% quarter-over-quarter.
  • 14 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2018 and 20 closed out, a net change of -6 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q2 2018 was Karpus Investment Management, an estimated $34.1M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q2 2018 was Sit Investment Associates, an estimated $5.45M sold.

Based on aggregated 13F filings for Q2 2018.