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Nuveen Quality Municipal Income Fund

247 hedge funds and large institutions have $728M invested in Nuveen Quality Municipal Income Fund in 2023 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 70 increasing their positions, 88 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.66% more ownership

Funds ownership: 27.93%30.59% (+2.7%)

0% more funds holding in top 10

Funds holding in top 10: 99 (0)

1% less capital invested

Capital invested by funds: $735M → $728M (-$7.4M)

2% less funds holding

Funds holding: 253247 (-6)

10% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 30

20% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 88

Holders
247
Holders Change
-6
Holders Change %
-2.37%
% of All Funds
3.92%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
27
Increased
70
Reduced
88
Closed
30
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WMA
126
Wealth Management Associates
New Jersey
$258K
WAAG
127
Wealth Alliance Advisory Group
Kansas
$253K +$27.3K +2,511 +11%
Luther King Capital Management (LKCM)
128
Luther King Capital Management (LKCM)
Texas
$246K
IC
129
IEQ Capital
California
$243K +$72.5K +6,662 +38%
CAM
130
Cresset Asset Management
Illinois
$239K +$32.9K +3,024 +15%
DI
131
Diligent Investors
California
$234K +$22.2K +2,036 +10%
HCM
132
Hollencrest Capital Management
California
$228K -$55.5K -5,100 -18%
MML Investors Services
133
MML Investors Services
Massachusetts
$228K -$47.8K -4,389 -16%
BRWA
134
B. Riley Wealth Advisors
Florida
$226K -$23.3K -2,142 -9%
PFA
135
Pathway Financial Advisers
Indiana
$224K +$240K +22,051 New
CA
136
Claro Advisors
Massachusetts
$222K -$24.7K -2,274 -9%
WSFS
137
Wilmington Savings Fund Society
Delaware
$213K
CIA
138
Choate Investment Advisors
Massachusetts
$212K
MFG
139
Magnus Financial Group
New York
$210K +$2.3K +211 +1%
FM
140
Family Management
New York
$210K -$69.3K -6,364 -24%
FIM
141
Fruth Investment Management
Texas
$205K
BIA
142
Beacon Investment Advisors
Maryland
$202K -$8.64K -794 -4%
AWM
143
AE Wealth Management
Kansas
$200K -$79.1K -7,270 -27%
CA
144
CoreCap Advisors
Michigan
$196K -$1.01K -93 -0.5%
Wealth Enhancement Advisory Services
145
Wealth Enhancement Advisory Services
Minnesota
$193K +$208K +19,070 New
QCIG
146
Quad-Cities Investment Group
Iowa
$189K +$1.52K +140 +0.8%
AAS
147
Avantax Advisory Services
Texas
$187K +$201K +18,433 New
CAPTRUST Financial Advisors
148
CAPTRUST Financial Advisors
North Carolina
$185K -$3.99K -367 -2%
WTC
149
WhitTier Trust Company
Nevada
$185K
CA
150
Cetera Advisors
Colorado
$182K -$50.9K -4,680 -21%

NAD Hedge Fund Activity: Q3 2023 in Review

247 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q3 2023, worth a combined $728M — down 1% from $735M a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of NAD and 27 opened new positions — a net loss of 3 holders — while 88 trimmed existing stakes and 70 added.

The largest buyer was Karpus Investment Management, adding an estimated $25.8M. The largest seller was Rivernorth Capital Management, cutting an estimated $15.9M.

  • 247 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q3 2023, down from 253 in Q2 2023.
  • Funds reported $728M of Nuveen Quality Municipal Income Fund stock for Q3 2023, down 1% quarter-over-quarter.
  • 27 funds opened new Nuveen Quality Municipal Income Fund positions in Q3 2023 and 30 closed out, a net change of -3 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q3 2023 was Karpus Investment Management, an estimated $25.8M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q3 2023 was Rivernorth Capital Management, an estimated $15.9M sold.

Based on aggregated 13F filings for Q3 2023.