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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
FFA
101
First Foundation Advisors
California
$328K +$19K +1,313 +6%
Mariner
102
Mariner
Kansas
$327K +$63.2K +4,372 +23%
CA
103
Cetera Advisors
Colorado
$312K +$173K +12,000 +112%
FIM
104
Fruth Investment Management
Texas
$308K +$324K +22,435 New
SPC
105
Sigma Planning Corp
Michigan
$302K +$20.9K +1,449 +7%
TJHA
106
Thomas J. Herzfeld Advisors
Florida
$298K +$314K +21,711 New
CCP
107
Cardan Capital Partners
Colorado
$291K
QCIG
108
Quad-Cities Investment Group
Iowa
$290K +$1.89K +131 +0.6%
MAFM
109
Mid Atlantic Financial Management
Pennsylvania
$288K -$2.89K -200 -0.9%
CIA
110
Choate Investment Advisors
Massachusetts
$287K
BFEC
111
Benjamin F. Edwards & Company
Missouri
$285K -$47.1K -3,263 -14%
KP
112
Keel Point
Alabama
$285K +$39.3K +2,719 +15%
Koshinski Asset Management
113
Koshinski Asset Management
Illinois
$275K -$354K -24,500 -55%
MWM
114
Merriman Wealth Management
Washington
$275K +$289K +20,000 New
CAN
115
Cetera Advisor Networks
California
$265K -$71.8K -4,967 -20%
AC
116
Avestar Capital
New York
$265K
SWM
117
SeaCrest Wealth Management
New York
$265K +$79K +5,466 +40%
SBIA
118
Sheaff Brock Investment Advisors
Indiana
$252K -$25.8K -1,785 -9%
BFC
119
Bedel Financial Consulting
Indiana
$251K
SCM
120
Stordahl Capital Management
Colorado
$245K
SCA
121
Snowden Capital Advisors
New York
$236K +$838 +58 +0.3%
AT
122
Arden Trust
Delaware
$235K
CAM
123
Cresset Asset Management
Illinois
$235K +$246K +17,044 New
Fifth Third Bancorp
124
Fifth Third Bancorp
Ohio
$231K +$7.09K +491 +3%
CT
125
Caldwell Trust
Florida
$229K

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.