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Nuveen Quality Municipal Income Fund

285 hedge funds and large institutions have $909M invested in Nuveen Quality Municipal Income Fund in 2024 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 108 increasing their positions, 64 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 64

46% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 24

3% more funds holding

Funds holding: 276285 (+9)

3.95% less ownership

Funds ownership: 35.37%31.41% (-4%)

7% less capital invested

Capital invested by funds: $974M → $909M (-$65M)

20% less funds holding in top 10

Funds holding in top 10: 108 (-2)

Holders
285
Holders Change
+9
Holders Change %
+3.26%
% of All Funds
4.09%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.11%
New
35
Increased
108
Reduced
64
Closed
24
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CWP
101
CFM Wealth Partners
Texas
$631K +$228K +18,961 +59%
OCM
102
Orleans Capital Management
Louisiana
$630K +$610K +50,850 New
RA
103
RFG Advisory
Alabama
$598K +$2.88K +240 +0.5%
Truist Financial
104
Truist Financial
North Carolina
$586K
Corient Private Wealth
105
Corient Private Wealth
Florida
$586K -$28.5K -2,373 -5%
CAM
106
Cresset Asset Management
Illinois
$571K -$99.8K -8,311 -15%
SF
107
Summit Financial
New Jersey
$566K -$65.3K -5,437 -11%
ICMP
108
Integrated Capital Management (Pennsylvania)
Pennsylvania
$564K +$13K +1,087 +2%
G
109
GenTrust
Florida
$560K +$540K +44,950 New
MG
110
Marex Group
$557K +$104K +8,671 +24%
Kovitz Investment Group Partners
111
Kovitz Investment Group Partners
Illinois
$540K +$523K +43,593 New
SWM
112
Silverlake Wealth Management
Vermont
$535K +$131K +10,940 +34%
JSW
113
Journey Strategic Wealth
New Jersey
$534K +$24K +2,000 +5%
PS
114
Portfolio Strategies
New York
$495K
Comerica Bank
115
Comerica Bank
Texas
$483K +$19.3K +1,610 +4%
MWM
116
Melfa Wealth Management
Massachusetts
$469K +$42K +3,500 +10%
BIA
117
Barry Investment Advisors
Massachusetts
$454K +$2.42K +202 +0.6%
WFA
118
Wellspring Financial Advisors
Ohio
$441K -$292K -24,300 -41%
PI
119
PFG Investments
New York
$421K +$408K +34,000 New
GC
120
Gould Capital
Washington
$418K -$20.7K -1,728 -5%
FAG
121
Fortitude Advisory Group
Washington
$405K +$13K +1,086 +3%
Millennium Management
122
Millennium Management
New York
$397K +$385K +32,032 New
BEI
123
Benjamin Edwards Inc
Missouri
$387K +$376K +31,297 New
WAAG
124
Wealth Alliance Advisory Group
Kansas
$385K +$45.9K +3,824 +14%
KCIC
125
Kuhn & Co Investment Counsel
Illinois
$383K +$10.7K +890 +3%

NAD Hedge Fund Activity: Q3 2024 in Review

285 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q3 2024, worth a combined $909M — down 6.7% from $974M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new NAD positions and 24 closed out — a net gain of 11 holders — while 108 added to existing stakes and 64 trimmed.

The largest buyer was Bramshill Investments, adding an estimated $15.4M. The largest seller was Karpus Investment Management, cutting an estimated $65.7M.

  • 285 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q3 2024, up from 276 in Q2 2024.
  • Funds reported $909M of Nuveen Quality Municipal Income Fund stock for Q3 2024, down 6.7% quarter-over-quarter.
  • 35 funds opened new Nuveen Quality Municipal Income Fund positions in Q3 2024 and 24 closed out, a net change of +11 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q3 2024 was Bramshill Investments, an estimated $15.4M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q3 2024 was Karpus Investment Management, an estimated $65.7M sold.

Based on aggregated 13F filings for Q3 2024.