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Nuveen Quality Municipal Income Fund

271 hedge funds and large institutions have $948M invested in Nuveen Quality Municipal Income Fund in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 96 increasing their positions, 72 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 72

27% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 22

1% more funds holding

Funds holding: 268271 (+3)

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

4% less capital invested

Capital invested by funds: $985M → $948M (-$36.9M)

1.38% less ownership

Funds ownership: 36.73%35.35% (-1.4%)

Holders
271
Holders Change
+3
Holders Change %
+1.12%
% of All Funds
3.9%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
28
Increased
96
Reduced
72
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CA
101
Claro Advisors
Massachusetts
$616K -$4.64K -411 -0.8%
JSW
102
Journey Strategic Wealth
New Jersey
$584K -$23.6K -2,089 -4%
Corient Private Wealth
103
Corient Private Wealth
Florida
$569K +$5.72K +506 +1%
IA
104
IFP Advisors
Florida
$563K -$232K -20,527 -29%
RIA
105
Realta Investment Advisors
Delaware
$560K
Comerica Bank
106
Comerica Bank
Texas
$557K +$55K +4,871 +11%
PCM
107
Parsons Capital Management
Rhode Island
$543K -$13.6K -1,200 -2%
Truist Financial
108
Truist Financial
North Carolina
$543K
RA
109
RFG Advisory
Alabama
$524K +$1.97K +174 +0.4%
BIA
110
Barry Investment Advisors
Massachusetts
$499K -$23K -2,036 -4%
WFA
111
Wellspring Financial Advisors
Ohio
$492K +$112K +9,900 +30%
CIA
112
Concurrent Investment Advisors
Florida
$491K -$25.5K -2,255 -5%
RVPG
113
Relative Value Partners Group
$475K -$10.9K -962 -2%
CL
114
Choreo LLC
Illinois
$465K +$458K +40,548 New
PS
115
Portfolio Strategies
New York
$458K
SMC
116
Smith, Moore & Co
Missouri
$444K +$438K +38,745 New
Brown Advisory
117
Brown Advisory
Maryland
$429K +$98.2K +8,693 +30%
SCM
118
Sterneck Capital Management
Missouri
$409K -$424K -37,576 -51%
GC
119
Gould Capital
Washington
$408K -$4.33K -383 -1%
MWM
120
Melfa Wealth Management
Massachusetts
$394K
SWM
121
Spire Wealth Management
Virginia
$387K -$6.03K -534 -2%
ICMP
122
Integrated Capital Management (Pennsylvania)
Pennsylvania
$381K +$71.5K +6,326 +24%
Walleye Capital
123
Walleye Capital
New York
$380K +$374K +33,151 New
DADC
124
D.A. Davidson & Co
Montana
$372K
SWM
125
Silverlake Wealth Management
Vermont
$370K +$77.1K +6,824 +27%

NAD Hedge Fund Activity: Q1 2024 in Review

271 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q1 2024, worth a combined $948M — down 3.7% from $985M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new NAD positions and 22 closed out — a net gain of 6 holders — while 96 added to existing stakes and 72 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $11.4M. The largest seller was Morgan Stanley, cutting an estimated $54.2M.

  • 271 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q1 2024, up from 268 in Q4 2023.
  • Funds reported $948M of Nuveen Quality Municipal Income Fund stock for Q1 2024, down 3.7% quarter-over-quarter.
  • 28 funds opened new Nuveen Quality Municipal Income Fund positions in Q1 2024 and 22 closed out, a net change of +6 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q1 2024 was Karpus Investment Management, an estimated $11.4M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $54.2M sold.

Based on aggregated 13F filings for Q1 2024.