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Nuveen Quality Municipal Income Fund

229 hedge funds and large institutions have $813M invested in Nuveen Quality Municipal Income Fund in 2020 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 65 increasing their positions, 48 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 22

35% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 48

12% more capital invested

Capital invested by funds: $727M → $813M (+$85.9M)

8% more funds holding

Funds holding: 212229 (+17)

3.31% more ownership

Funds ownership: 24.61%27.92% (+3.3%)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

Holders
229
Holders Change
+17
Holders Change %
+8.02%
% of All Funds
5.05%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.11%
New
42
Increased
65
Reduced
48
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ACS
126
Archford Capital Strategies
Illinois
$228K
DI
127
Diligent Investors
California
$226K +$15K +1,041 +7%
DC
128
Davenport & Co
Virginia
$222K -$6.63K -459 -3%
NEPWA
129
New England Private Wealth Advisors
Massachusetts
$221K
IIA
130
IPG Investment Advisors
California
$219K
WMA
131
Wealth Management Associates
New Jersey
$218K +$448 +31 +0.2%
SBH
132
Segall Bryant & Hamill
Illinois
$209K
APW
133
Aurora Private Wealth
New Jersey
$208K +$218K +15,120 New
KeyBank National Association
134
KeyBank National Association
Ohio
$207K -$11.6K -804 -5%
BIM
135
Bridgecreek Investment Management
Oklahoma
$206K
CRC
136
Curi RMB Capital
Illinois
$206K
GWM
137
Geneos Wealth Management
Colorado
$206K +$347 +24 +0.2%
Mercer Global Advisors
138
Mercer Global Advisors
Colorado
$203K -$35.4K -2,447 -14%
OC
139
Oppenheimer & Co
New York
$199K +$12.4K +858 +6%
TNB
140
Thomasville National Bank
Georgia
$196K
DAM
141
Delta Asset Management
Tennessee
$195K
MFW
142
Meristem Family Wealth
Minnesota
$195K
Rockefeller Capital Management
143
Rockefeller Capital Management
New York
$186K +$187K +12,950 +2,116%
DWT
144
Dorsey & Whitney Trust
South Dakota
$185K
WI
145
Wintrust Investments
Illinois
$181K +$14.4K +1,000 +8%
RJT
146
Raymond James Trust
Florida
$179K -$60.3K -4,176 -24%
BHWM
147
Bar Harbor Wealth Management
New Hampshire
$179K
SPIA
148
Steward Partners Investment Advisory
New York
$177K +$13K +900 +8%
ECM
149
Evergreen Capital Management
Washington
$176K
BAAM
150
Baker Avenue Asset Management
California
$176K +$185K +12,813 New

NAD Hedge Fund Activity: Q1 2020 in Review

229 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q1 2020, worth a combined $813M — up 12% from $727M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new NAD positions and 22 closed out — a net gain of 20 holders — while 65 added to existing stakes and 48 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $61.5M. The largest seller was Robinson Capital Management, cutting an estimated $6.7M.

  • 229 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q1 2020, up from 212 in Q4 2019.
  • Funds reported $813M of Nuveen Quality Municipal Income Fund stock for Q1 2020, up 12% quarter-over-quarter.
  • 42 funds opened new Nuveen Quality Municipal Income Fund positions in Q1 2020 and 22 closed out, a net change of +20 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q1 2020 was Karpus Investment Management, an estimated $61.5M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q1 2020 was Robinson Capital Management, an estimated $6.7M sold.

Based on aggregated 13F filings for Q1 2020.