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Nuveen Quality Municipal Income Fund

172 hedge funds and large institutions have $542M invested in Nuveen Quality Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 48 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

13% more capital invested

Capital invested by funds: $480M → $542M (+$62.6M)

2.12% more ownership

Funds ownership: 18.09%20.21% (+2.1%)

4% less funds holding

Funds holding: 180172 (-8)

10% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 48

30% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 20

Holders
172
Holders Change
-8
Holders Change %
-4.44%
% of All Funds
3.94%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.16%
New
14
Increased
43
Reduced
48
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PMG
176
ProVise Management Group
Florida
$413 -$37K -2,814 -8%
WAM
177
Weiss Asset Management
Massachusetts
-$860K -65,433 Closed
Millennium Management
178
Millennium Management
New York
-$571K -43,481 Closed
DWM
179
Dakota Wealth Management
Florida
-$242K -18,400 Closed
I
180
IberiaBank
Louisiana
-$223K -16,986 Closed
Citadel Advisors
181
Citadel Advisors
Florida
-$153K -11,627 Closed
CFB
182
Cullen/Frost Bankers
Texas
-$151K -11,499 Closed
AIP
183
Ahrens Investment Partners
Louisiana
-$148K -11,288 Closed
FI
184
FormulaFolio Investments
Michigan
-$146K -11,142 Closed
OC
185
Oppenheimer & Co
New York
-$145K -11,053 Closed
G
186
Gainplan
Michigan
-$140K -10,689 Closed
WDL
187
Well Done LLC
Michigan
-$105K -8,028 Closed
CDIA
188
Capital Directions Investment Advisors
Georgia
-$75K -5,729 Closed
First Manhattan
189
First Manhattan
New York
-$36K -2,746 Closed
CHP
190
Cable Hill Partners
Oregon
-$34K -2,560 Closed
APP
191
Avantax Planning Partners
Iowa
-$27K -2,044 Closed
IWM
192
IHT Wealth Management
Illinois
-$22K -1,670 Closed
JA
193
JOYN Advisors
Georgia
-$19K -1,455 Closed
WC
194
Whitnell & Co
Illinois
-$17K -1,288 Closed
AP
195
Arlington Partners
Alabama
-$14K -1,080 Closed
VIA
196
Vantage Investment Advisors
Pennsylvania
-$8K -643 Closed

NAD Hedge Fund Activity: Q2 2018 in Review

172 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2018, worth a combined $542M — up 13% from $480M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of NAD and 14 opened new positions — a net loss of 6 holders — while 48 trimmed existing stakes and 43 added.

The largest buyer was Karpus Investment Management, adding an estimated $34.1M. The largest seller was Sit Investment Associates, cutting an estimated $5.45M.

  • 172 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2018, down from 180 in Q1 2018.
  • Funds reported $542M of Nuveen Quality Municipal Income Fund stock for Q2 2018, up 13% quarter-over-quarter.
  • 14 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2018 and 20 closed out, a net change of -6 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q2 2018 was Karpus Investment Management, an estimated $34.1M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q2 2018 was Sit Investment Associates, an estimated $5.45M sold.

Based on aggregated 13F filings for Q2 2018.