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Nuveen Quality Municipal Income Fund

247 hedge funds and large institutions have $728M invested in Nuveen Quality Municipal Income Fund in 2023 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 70 increasing their positions, 88 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.66% more ownership

Funds ownership: 27.93%30.59% (+2.7%)

0% more funds holding in top 10

Funds holding in top 10: 99 (0)

1% less capital invested

Capital invested by funds: $735M → $728M (-$7.4M)

2% less funds holding

Funds holding: 253247 (-6)

10% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 30

20% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 88

Holders
247
Holders Change
-6
Holders Change %
-2.37%
% of All Funds
3.92%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
27
Increased
70
Reduced
88
Closed
30
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
IAN
101
Integrated Advisors Network
Texas
$372K
TW
102
Transform Wealth
Colorado
$371K -$328K -30,100 -45%
JSW
103
Journey Strategic Wealth
New Jersey
$359K +$189K +17,373 +97%
CFGSD
104
Compass Financial Group (South Dakota)
South Dakota
$356K +$2.11K +194 +0.6%
MWM
105
Melfa Wealth Management
Massachusetts
$348K -$14.1K -1,294 -4%
FPCP
106
Fort Point Capital Partners
California
$340K +$203K +18,691 +126%
First Trust Advisors
107
First Trust Advisors
Illinois
$340K -$68K -6,252 -16%
WFA
108
Wellspring Financial Advisors
Ohio
$335K
WAOTB
109
Wealth Advisors of Tampa Bay
Florida
$328K +$176K +16,162 +100%
OA
110
Oxbow Advisors
Texas
$327K -$20.2K -1,853 -5%
CWP
111
CFM Wealth Partners
Texas
$324K
DADC
112
D.A. Davidson & Co
Montana
$323K -$49K -4,506 -12%
EW
113
Element Wealth
Mississippi
$315K -$2.17K -199 -0.6%
BFEC
114
Benjamin F. Edwards & Company
Missouri
$302K -$21.8K -2,000 -6%
MFG
115
Merit Financial Group
Georgia
$302K +$3.69K +339 +1%
SFS
116
Sowell Financial Services
Arkansas
$300K +$653 +60 +0.2%
AGA
117
Arkos Global Advisors
Texas
$296K +$317K +29,154 New
SS
118
Sunbelt Securities
Texas
$291K -$64.7K -5,948 -17%
IFG
119
Independent Financial Group
California
$277K +$15.3K +1,402 +5%
SPIA
120
Steward Partners Investment Advisory
New York
$277K -$8.17K -751 -3%
Cetera Investment Advisers
121
Cetera Investment Advisers
Illinois
$275K -$10.2K -939 -3%
FAG
122
Fortitude Advisory Group
Washington
$273K +$9.62K +884 +3%
RJT
123
Raymond James Trust
Florida
$263K -$70.7K -6,501 -20%
ICMP
124
Integrated Capital Management (Pennsylvania)
Pennsylvania
$262K +$38.8K +3,561 +16%
CAM
125
Crestone Asset Management
Colorado
$260K +$279K +25,594 New

NAD Hedge Fund Activity: Q3 2023 in Review

247 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q3 2023, worth a combined $728M — down 1% from $735M a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of NAD and 27 opened new positions — a net loss of 3 holders — while 88 trimmed existing stakes and 70 added.

The largest buyer was Karpus Investment Management, adding an estimated $25.8M. The largest seller was Rivernorth Capital Management, cutting an estimated $15.9M.

  • 247 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q3 2023, down from 253 in Q2 2023.
  • Funds reported $728M of Nuveen Quality Municipal Income Fund stock for Q3 2023, down 1% quarter-over-quarter.
  • 27 funds opened new Nuveen Quality Municipal Income Fund positions in Q3 2023 and 30 closed out, a net change of -3 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q3 2023 was Karpus Investment Management, an estimated $25.8M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q3 2023 was Rivernorth Capital Management, an estimated $15.9M sold.

Based on aggregated 13F filings for Q3 2023.