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Nuveen Quality Municipal Income Fund

253 hedge funds and large institutions have $735M invested in Nuveen Quality Municipal Income Fund in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 83 increasing their positions, 65 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 65

5% more capital invested

Capital invested by funds: $700M → $735M (+$35.2M)

1.72% more ownership

Funds ownership: 26.21%27.93% (+1.7%)

0% more funds holding in top 10

Funds holding in top 10: 99 (0)

0% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 18

1% less funds holding

Funds holding: 256253 (-3)

Holders
253
Holders Change
-3
Holders Change %
-1.17%
% of All Funds
3.97%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
18
Increased
83
Reduced
65
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MWM
101
Melfa Wealth Management
Massachusetts
$402K +$99.3K +8,821 +33%
CFGSD
102
Compass Financial Group (South Dakota)
South Dakota
$393K +$2.14K +190 +0.5%
SS
103
Sunbelt Securities
Texas
$391K -$3.99K -354 -1%
RA
104
RFG Advisory
Alabama
$385K +$14.9K +1,325 +4%
OA
105
Oxbow Advisors
Texas
$385K +$11.7K +1,040 +3%
AGM
106
Alpine Global Management
New York
$372K +$372K +33,032 New
WFA
107
Wellspring Financial Advisors
Ohio
$372K +$214K +19,000 +136%
RJT
108
Raymond James Trust
Florida
$365K
CWP
109
CFM Wealth Partners
Texas
$361K
BFEC
110
Benjamin F. Edwards & Company
Missouri
$358K
EW
111
Element Wealth
Mississippi
$352K -$11 -1 -0%
CWM
112
Centurion Wealth Management
Virginia
$352K +$3.34K +297 +1%
BAM
113
Belpointe Asset Management
Nevada
$343K -$1.83M -162,688 -84%
SFS
114
Sowell Financial Services
Arkansas
$333K +$676 +60 +0.2%
MFG
115
Merit Financial Group
Georgia
$332K +$331K +29,416 New
Cetera Investment Advisers
116
Cetera Investment Advisers
Illinois
$317K -$209K -18,573 -40%
SPIA
117
Steward Partners Investment Advisory
New York
$316K -$21.6K -1,917 -6%
HCM
118
Hollencrest Capital Management
California
$311K -$101K -8,936 -24%
FM
119
Family Management
New York
$305K -$62.9K -5,587 -17%
AWM
120
AE Wealth Management
Kansas
$304K +$90.6K +8,051 +43%
Cerity Partners
121
Cerity Partners
New York
$303K +$67.7K +6,014 +29%
MML Investors Services
122
MML Investors Services
Massachusetts
$303K -$4.72K -419 -2%
FAG
123
Fortitude Advisory Group
Washington
$293K
IFG
124
Independent Financial Group
California
$292K +$12.3K +1,094 +4%
WMA
125
Wealth Management Associates
New Jersey
$287K

NAD Hedge Fund Activity: Q2 2023 in Review

253 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2023, worth a combined $735M — up 5% from $700M a quarter earlier.

Fund positioning in NAD was balanced in Q2 2023: 18 funds opened new positions, 18 closed out, 83 added to existing stakes and 65 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $33.1M. The largest seller was Guggenheim Capital, cutting an estimated $15.7M.

  • 253 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2023, down from 256 in Q1 2023.
  • Funds reported $735M of Nuveen Quality Municipal Income Fund stock for Q2 2023, up 5% quarter-over-quarter.
  • 18 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2023 and 18 closed out, a net change of 0 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q2 2023 was Karpus Investment Management, an estimated $33.1M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q2 2023 was Guggenheim Capital, an estimated $15.7M sold.

Based on aggregated 13F filings for Q2 2023.