We are live on ! Find out more
NAD icon

Nuveen Quality Municipal Income Fund
NAD

212 hedge funds and large institutions have $855M invested in Nuveen Quality Municipal Income Fund in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 70 increasing their positions, 44 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 44

5% more capital invested

Capital invested by funds: $813M → $855M (+$42.1M)

0.85% more ownership

Funds ownership: 27.92% → 28.78% (+0.85%)

0% more funds holding in top 10

Funds holding in top 10: 5 → 5 (0)

7% less funds holding

Funds holding: 229 → 212 (-17)

45% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 31

Holders
212
Holders Change
-17
Holders Change %
-7.42%
% of All Funds
4.35%
Holding in Top 10
5
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.1%
New
17
Increased
70
Reduced
44
Closed
31
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$31.6M
2
RCM
Rivernorth Capital Management
Florida
+$15.3M
3
BI
Bramshill Investments
Florida
+$15.1M
4
GC
Guggenheim Capital
Illinois
+$12.7M
5
SIA
Sit Investment Associates
Minnesota
+$6.9M

Top Sellers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
-$19.4M
2
Morgan Stanley
Morgan Stanley
New York
-$10.2M
3
OA
Oxbow Advisors
Texas
-$9.47M
4
Wells Fargo
Wells Fargo
California
-$6.42M
5
1CP
1607 Capital Partners
Virginia
-$5.69M
Name Holding Trade Value Shares
Change 		Change in
Stake
SBH
126
Segall Bryant & Hamill
Illinois
$213K – – –
KeyBank National Association
127
KeyBank National Association
Ohio
$211K – – –
Mercer Global Advisors
128
Mercer Global Advisors
Colorado
$211K +$3.55K +260 +2%
BIM
129
Bridgecreek Investment Management
Oklahoma
$210K – – –
CRC
130
Curi RMB Capital
Illinois
$210K – – –
BFEC
131
Benjamin F. Edwards & Company
Missouri
$208K -$80.5K -5,900 -28%
OC
132
Oppenheimer & Co
New York
$205K +$750 +55 +0.4%
MFW
133
Meristem Family Wealth
Minnesota
$199K – – –
MM
134
Main Management
California
$196K +$157K +11,500 +460%
TNB
135
Thomasville National Bank
Georgia
$192K – – –
WI
136
Wintrust Investments
Illinois
$190K +$5.25K +385 +3%
DWT
137
Dorsey & Whitney Trust
South Dakota
$189K – – –
BHWM
138
Bar Harbor Wealth Management
New Hampshire
$183K – – –
BRWM
139
B. Riley Wealth Management
Tennessee
$182K -$591K -43,353 -77%
RJT
140
Raymond James Trust
Florida
$182K – – –
IAN
141
Integrated Advisors Network
Texas
$182K +$177K +13,000 New
BAAM
142
Baker Avenue Asset Management
California
$180K – – –
CBTWT
143
Community Bank & Trust (Waco, Texas)
Texas
$179K – – –
ECM
144
Evergreen Capital Management
Washington
$179K – – –
CWS
145
Cypress Wealth Services
California
$177K – – –
IFG
146
Independent Financial Group
California
$172K – – –
APSP
147
Asset Planning Services (Pennsylvania)
Pennsylvania
$168K +$164K +12,000 New
HR
148
Hardy Reed
Mississippi
$164K – – –
TW
149
Transform Wealth
Colorado
$163K – – –
FAAS
150
First Allied Advisory Services
California
$162K +$158K +11,573 New
4 5
6
7 8

NAD Hedge Fund Activity: Q2 2020 in Review

212 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2020, worth a combined $855M — up 5.2% from $813M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of NAD and 17 opened new positions — a net loss of 14 holders — while 44 trimmed existing stakes and 70 added.

The largest buyer was BlackRock, opening a new position worth an estimated $31.6M. The largest seller was Karpus Investment Management, cutting an estimated $19.4M.

  • 212 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2020, down from 229 in Q1 2020.
  • Funds reported $855M of Nuveen Quality Municipal Income Fund stock for Q2 2020, up 5.2% quarter-over-quarter.
  • 17 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2020 and 31 closed out, a net change of -14 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q2 2020 was BlackRock, an estimated $31.6M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q2 2020 was Karpus Investment Management, an estimated $19.4M sold.

Based on aggregated 13F filings for Q2 2020.