Nuveen Quality Municipal Income Fund
148 hedge funds and large institutions have $370M invested in Nuveen Quality Municipal Income Fund in 2016 Q3 according to their latest regulatory filings, with 92 funds opening new positions, 48 increasing their positions, 3 reducing their positions, and 4 closing their positions.
2,200% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 4
1,500% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 3
649% more capital invested
Capital invested by funds: $49.4M → $370M (+$321M)
147% more funds holding
Funds holding: 60 → 148 (+88)
4.05% more ownership
Funds ownership: 8.12% → 12.18% (+4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$48.7M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$39.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$20.1M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$17.9M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$959K |
| 2 |
NIM
Northeast Investment Management
Boston,
Massachusetts
|
-$315K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$215K |
| 4 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$176K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$170K |
NAD Hedge Fund Activity: Q3 2016 in Review
148 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q3 2016, worth a combined $370M — up 649% from $49.4M a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new NAD positions and 4 closed out — a net gain of 88 holders — while 48 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $48.7M. The largest seller was Northwestern Mutual Wealth Management, exiting entirely with an estimated $959K sold.
- 148 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q3 2016, up from 60 in Q2 2016.
- Funds reported $370M of Nuveen Quality Municipal Income Fund stock for Q3 2016, up 649% quarter-over-quarter.
- 92 funds opened new Nuveen Quality Municipal Income Fund positions in Q3 2016 and 4 closed out, a net change of +88 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q3 2016 was Morgan Stanley, an estimated $48.7M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q3 2016 was Northwestern Mutual Wealth Management, an estimated $959K sold.
Based on aggregated 13F filings for Q3 2016.