We are live on ! Find out more
NAD icon

Nuveen Quality Municipal Income Fund
NAD

212 hedge funds and large institutions have $855M invested in Nuveen Quality Municipal Income Fund in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 70 increasing their positions, 44 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 44

5% more capital invested

Capital invested by funds: $813M → $855M (+$42.1M)

0.85% more ownership

Funds ownership: 27.92% → 28.78% (+0.85%)

0% more funds holding in top 10

Funds holding in top 10: 5 → 5 (0)

7% less funds holding

Funds holding: 229 → 212 (-17)

45% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 31

Holders
212
Holders Change
-17
Holders Change %
-7.42%
% of All Funds
4.35%
Holding in Top 10
5
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.1%
New
17
Increased
70
Reduced
44
Closed
31
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$31.6M
2
RCM
Rivernorth Capital Management
Florida
+$15.3M
3
BI
Bramshill Investments
Florida
+$15.1M
4
GC
Guggenheim Capital
Illinois
+$12.7M
5
SIA
Sit Investment Associates
Minnesota
+$6.9M

Top Sellers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
-$19.4M
2
Morgan Stanley
Morgan Stanley
New York
-$10.2M
3
OA
Oxbow Advisors
Texas
-$9.47M
4
Wells Fargo
Wells Fargo
California
-$6.42M
5
1CP
1607 Capital Partners
Virginia
-$5.69M
Name Holding Trade Value Shares
Change 		Change in
Stake
MAFM
101
Mid Atlantic Financial Management
Pennsylvania
$308K +$13.6K +1,000 +5%
WFA
102
Wellspring Financial Advisors
Ohio
$300K -$80.5K -5,900 -22%
QCIG
103
Quad-Cities Investment Group
Iowa
$298K +$2K +147 +0.7%
CIA
104
Choate Investment Advisors
Massachusetts
$293K – – –
Koshinski Asset Management
105
Koshinski Asset Management
Illinois
$280K – – –
AC
106
Avestar Capital
New York
$273K +$4.09K +300 +2%
CAN
107
Cetera Advisor Networks
California
$271K – – –
SWM
108
SeaCrest Wealth Management
New York
$271K +$941 +69 +0.4%
KP
109
Keel Point
Alabama
$267K -$23.4K -1,719 -8%
SCM
110
Stordahl Capital Management
Colorado
$267K – – –
MFG
111
Magnus Financial Group
New York
$266K +$259K +19,000 New
SBIA
112
Sheaff Brock Investment Advisors
Indiana
$257K – – –
BFC
113
Bedel Financial Consulting
Indiana
$256K – – –
DC
114
Davenport & Co
Virginia
$251K +$24.6K +1,803 +11%
MML Investors Services
115
MML Investors Services
Massachusetts
$245K -$94.3K -6,911 -28%
SCA
116
Snowden Capital Advisors
New York
$242K +$1.39K +102 +0.6%
AT
117
Arden Trust
Delaware
$240K – – –
Fifth Third Bancorp
118
Fifth Third Bancorp
Ohio
$235K – – –
CT
119
Caldwell Trust
Florida
$233K – – –
ACS
120
Archford Capital Strategies
Illinois
$233K – – –
NEPWA
121
New England Private Wealth Advisors
Massachusetts
$225K – – –
IIA
122
IPG Investment Advisors
California
$224K – – –
WMA
123
Wealth Management Associates
New Jersey
$223K +$709 +52 +0.3%
RA
124
Riverstone Advisors
Texas
$222K +$53.2K +3,900 +33%
Rockefeller Capital Management
125
Rockefeller Capital Management
New York
$221K +$30K +2,200 +16%
3 4
5
6 7

NAD Hedge Fund Activity: Q2 2020 in Review

212 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2020, worth a combined $855M — up 5.2% from $813M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of NAD and 17 opened new positions — a net loss of 14 holders — while 44 trimmed existing stakes and 70 added.

The largest buyer was BlackRock, opening a new position worth an estimated $31.6M. The largest seller was Karpus Investment Management, cutting an estimated $19.4M.

  • 212 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2020, down from 229 in Q1 2020.
  • Funds reported $855M of Nuveen Quality Municipal Income Fund stock for Q2 2020, up 5.2% quarter-over-quarter.
  • 17 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2020 and 31 closed out, a net change of -14 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q2 2020 was BlackRock, an estimated $31.6M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q2 2020 was Karpus Investment Management, an estimated $19.4M sold.

Based on aggregated 13F filings for Q2 2020.