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Nuveen Quality Municipal Income Fund

253 hedge funds and large institutions have $735M invested in Nuveen Quality Municipal Income Fund in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 83 increasing their positions, 65 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 65

5% more capital invested

Capital invested by funds: $700M → $735M (+$35.2M)

1.72% more ownership

Funds ownership: 26.21%27.93% (+1.7%)

0% more funds holding in top 10

Funds holding in top 10: 99 (0)

0% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 18

1% less funds holding

Funds holding: 256253 (-3)

Holders
253
Holders Change
-3
Holders Change %
-1.17%
% of All Funds
3.97%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
18
Increased
83
Reduced
65
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GA
126
GFS Advisors
Texas
$282K
BRWA
127
B. Riley Wealth Advisors
Florida
$276K -$721 -64 -0.3%
Luther King Capital Management (LKCM)
128
Luther King Capital Management (LKCM)
Texas
$273K
CA
129
Claro Advisors
Massachusetts
$273K +$281 +25 +0.1%
CA
130
Cetera Advisors
Colorado
$255K -$23.9K -2,122 -9%
WAAG
131
Wealth Alliance Advisory Group
Kansas
$253K
ICMP
132
Integrated Capital Management (Pennsylvania)
Pennsylvania
$251K +$46.5K +4,132 +23%
DI
133
Diligent Investors
California
$237K +$394 +35 +0.2%
WSFS
134
Wilmington Savings Fund Society
Delaware
$237K
CIA
135
Choate Investment Advisors
Massachusetts
$236K
BIA
136
Beacon Investment Advisors
Maryland
$234K -$51.9K -4,614 -18%
CAM
137
Cresset Asset Management
Illinois
$232K +$53.1K +4,714 +30%
MFG
138
Magnus Financial Group
New York
$231K +$2.34K +208 +1%
FIM
139
Fruth Investment Management
Texas
$228K
CHJWM
140
Carlton Hofferkamp & Jenks Wealth Management
Texas
$220K
Lido Advisors
141
Lido Advisors
California
$219K
CA
142
CoreCap Advisors
Michigan
$219K +$218K +19,405 New
CAPTRUST Financial Advisors
143
CAPTRUST Financial Advisors
North Carolina
$210K -$65.1K -5,778 -24%
QCIG
144
Quad-Cities Investment Group
Iowa
$209K +$1.46K +130 +0.7%
WTC
145
WhitTier Trust Company
Nevada
$205K -$40.1K -3,561 -16%
IWM
146
IHT Wealth Management
Illinois
$204K +$40.5K +3,595 +25%
JSW
147
Journey Strategic Wealth
New Jersey
$203K
KA
148
Kercheville Advisors
Texas
$202K
IC
149
IEQ Capital
California
$195K +$195K +17,334 New
SPWG
150
Sage Private Wealth Group
Illinois
$189K

NAD Hedge Fund Activity: Q2 2023 in Review

253 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2023, worth a combined $735M — up 5% from $700M a quarter earlier.

Fund positioning in NAD was balanced in Q2 2023: 18 funds opened new positions, 18 closed out, 83 added to existing stakes and 65 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $33.1M. The largest seller was Guggenheim Capital, cutting an estimated $15.7M.

  • 253 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2023, down from 256 in Q1 2023.
  • Funds reported $735M of Nuveen Quality Municipal Income Fund stock for Q2 2023, up 5% quarter-over-quarter.
  • 18 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2023 and 18 closed out, a net change of 0 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q2 2023 was Karpus Investment Management, an estimated $33.1M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q2 2023 was Guggenheim Capital, an estimated $15.7M sold.

Based on aggregated 13F filings for Q2 2023.