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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
RCA
176
Ranch Capital Advisors
Florida
$135K
Lido Advisors
177
Lido Advisors
California
$133K -$69K -6,343 -33%
Neuberger Berman Group
178
Neuberger Berman Group
New York
$132K +$142K +13,059 New
BHWM
179
Bar Harbor Wealth Management
New Hampshire
$132K
KWS
180
Keystone Wealth Services
California
$128K
SFG
181
StrategIQ Financial Group
Indiana
$125K
ACA
182
Aptus Capital Advisors
Alabama
$123K +$132K +12,158 New
AAS
183
Ameritas Advisory Services
Nebraska
$123K +$133K +12,246 New
DWM
184
Drive Wealth Management
Utah
$120K +$128K +11,750 New
KWM
185
Kingsview Wealth Management
Oregon
$119K -$4.4K -404 -3%
SCA
186
SMH Capital Advisors
Texas
$119K +$892 +82 +0.7%
MCA
187
MSH Capital Advisors
Arizona
$119K +$127K +11,690 New
TIAA Trust, National Association
188
TIAA Trust, National Association
North Carolina
$118K +$126K +11,598 New
JP Morgan Chase
189
JP Morgan Chase
New York
$117K +$126K +11,543 New
Jane Street
190
Jane Street
New York
$117K +$126K +11,534 New
KPWS
191
Kestra Private Wealth Services
Texas
$116K
PFS
192
Prospera Financial Services
Texas
$115K +$403 +37 +0.3%
IAA
193
Ironsides Asset Advisors
North Carolina
$114K +$122K +11,240 New
NSIM
194
North Star Investment Management
Illinois
$112K
Koshinski Asset Management
195
Koshinski Asset Management
Illinois
$111K +$76 +7 +0.1%
BIA
196
Barry Investment Advisors
Massachusetts
$109K +$76 +7 +0.1%
TSS
197
Two Sigma Securities
New York
$107K +$115K +10,559 New
MC
198
Moors & Cabot
Massachusetts
$106K -$67.5K -6,200 -37%
EAM
199
Evanson Asset Management
California
$104K
PMG
200
ProVise Management Group
Florida
$103K -$65.3K -6,000 -37%

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.