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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
CBTWT
151
Community Bank & Trust (Waco, Texas)
Texas
$175K +$14.2K +982 +8%
CWS
152
Cypress Wealth Services
California
$174K
IFG
153
Independent Financial Group
California
$168K +$177K +12,238 New
RA
154
Riverstone Advisors
Texas
$164K +$172K +11,900 New
SMH
155
Sanders Morris Harris
Texas
$161K +$13.9K +964 +6%
HR
156
Hardy Reed
Mississippi
$160K
TW
157
Transform Wealth
Colorado
$160K +$318 +22 +0.2%
Lido Advisors
158
Lido Advisors
California
$157K
NFC
159
Northeast Financial Consultants
Connecticut
$151K
NSIM
160
North Star Investment Management
Illinois
$151K
SIM
161
Sonora Investment Management
Arizona
$149K
DWM
162
Doyle Wealth Management
Florida
$146K
SCA
163
SMH Capital Advisors
Texas
$143K +$520 +36 +0.3%
MWM
164
Meridian Wealth Management
Kentucky
$143K +$151K +10,434 New
EAM
165
Evanson Asset Management
California
$141K
RIA
166
Realta Investment Advisors
Delaware
$137K
AF
167
Advisornet Financial
Minnesota
$133K -$24.7K -1,707 -15%
VC
168
Vestor Capital
Illinois
$128K
CHA
169
Carmichael Hill & Associates
Maryland
$122K +$22.4K +1,550 +21%
FIA
170
FNY Investment Advisers
New York
$119K -$95.7K -6,622 -43%
SFS
171
Sowell Financial Services
Arkansas
$108K +$520 +36 +0.5%
AIM
172
Arcadia Investment Management
Michigan
$101K
WAP
173
Wealthcare Advisory Partners
Pennsylvania
$98K +$14.5K +1,004 +16%
CFB
174
Cullen/Frost Bankers
Texas
$88K
Carson Wealth (CWM LLC)
175
Carson Wealth (CWM LLC)
Nebraska
$83K

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.