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Nuveen Quality Municipal Income Fund

271 hedge funds and large institutions have $948M invested in Nuveen Quality Municipal Income Fund in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 96 increasing their positions, 72 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 72

27% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 22

1% more funds holding

Funds holding: 268271 (+3)

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

4% less capital invested

Capital invested by funds: $985M → $948M (-$36.9M)

1.38% less ownership

Funds ownership: 36.73%35.35% (-1.4%)

Holders
271
Holders Change
+3
Holders Change %
+1.12%
% of All Funds
3.9%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
28
Increased
96
Reduced
72
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CWP
126
CFM Wealth Partners
Texas
$367K
RJT
127
Raymond James Trust
Florida
$354K +$15.1K +1,333 +5%
IWC
128
Integrated Wealth Concepts
Massachusetts
$348K +$17.3K +1,530 +5%
BFEC
129
Benjamin F. Edwards & Company
Missouri
$347K
EIP
130
Ellis Investment Partners
Pennsylvania
$345K +$226 +20 +0.1%
EW
131
Element Wealth
Mississippi
$344K
FAG
132
Fortitude Advisory Group
Washington
$339K +$5.98K +529 +2%
ACA
133
Ackerman Capital Advisors
Texas
$307K +$303K +26,829 New
IFG
134
Independent Financial Group
California
$301K +$1.19K +105 +0.4%
WMA
135
Wealth Management Associates
New Jersey
$294K -$2.79K -247 -1%
WFS
136
Widmann Financial Services
Maryland
$291K -$13.2K -1,167 -4%
Nomura Holdings
137
Nomura Holdings
Japan
$289K +$57K +5,050 +25%
PCA
138
Peddock Capital Advisors
Massachusetts
$288K
WAAG
139
Wealth Alliance Advisory Group
Kansas
$286K
Carson Wealth (CWM LLC)
140
Carson Wealth (CWM LLC)
Nebraska
$285K +$222K +19,679 +381%
MIM
141
Meixler Investment Management
Arizona
$281K -$87K -7,700 -24%
CAM
142
Cresset Asset Management
Illinois
$280K +$29.1K +2,579 +12%
MCA
143
MSH Capital Advisors
Arizona
$264K +$75.4K +6,672 +41%
KCIC
144
Kuhn & Co Investment Counsel
Illinois
$260K +$77.8K +6,887 +44%
HCM
145
Hollencrest Capital Management
California
$258K
DWM
146
Drive Wealth Management
Utah
$253K
CHA
147
Carmichael Hill & Associates
Maryland
$251K +$68.6K +6,076 +38%
SQA
148
Simon Quick Advisors
New Jersey
$249K +$31.2K +2,764 +15%
CFGSD
149
Compass Financial Group (South Dakota)
South Dakota
$247K +$734 +65 +0.3%
Wealth Enhancement Advisory Services
150
Wealth Enhancement Advisory Services
Minnesota
$246K +$53.8K +4,761 +29%

NAD Hedge Fund Activity: Q1 2024 in Review

271 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q1 2024, worth a combined $948M — down 3.7% from $985M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new NAD positions and 22 closed out — a net gain of 6 holders — while 96 added to existing stakes and 72 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $11.4M. The largest seller was Morgan Stanley, cutting an estimated $54.2M.

  • 271 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q1 2024, up from 268 in Q4 2023.
  • Funds reported $948M of Nuveen Quality Municipal Income Fund stock for Q1 2024, down 3.7% quarter-over-quarter.
  • 28 funds opened new Nuveen Quality Municipal Income Fund positions in Q1 2024 and 22 closed out, a net change of +6 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q1 2024 was Karpus Investment Management, an estimated $11.4M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $54.2M sold.

Based on aggregated 13F filings for Q1 2024.