Nuveen Quality Municipal Income Fund
182 hedge funds and large institutions have $661M invested in Nuveen Quality Municipal Income Fund in 2019 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 61 increasing their positions, 31 reducing their positions, and 18 closing their positions.
97% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 31
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
1.16% more ownership
Funds ownership: 24.28% → 25.44% (+1.2%)
0% more funds holding
Funds holding: 182 → 182 (0)
1% less capital invested
Capital invested by funds: $666M → $661M (-$4.78M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$12.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$11.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.53M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$4.37M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$10.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.04M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.83M |
| 4 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$1.87M |
| 5 |
Morgan Stanley
New York
|
-$1.41M |
NAD Hedge Fund Activity: Q2 2019 in Review
182 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2019, worth a combined $661M — down 0.72% from $666M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NAD positions and 18 closed out — a net gain of 3 holders — while 61 added to existing stakes and 31 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $12.6M. The largest seller was Eaton Vance Management, exiting entirely with an estimated $10.9M sold.
- 182 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $661M of Nuveen Quality Municipal Income Fund stock for Q2 2019, down 0.72% quarter-over-quarter.
- 21 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2019 and 18 closed out, a net change of +3 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q2 2019 was Karpus Investment Management, an estimated $12.6M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q2 2019 was Eaton Vance Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2019.