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Nuveen Quality Municipal Income Fund

253 hedge funds and large institutions have $735M invested in Nuveen Quality Municipal Income Fund in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 83 increasing their positions, 65 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 65

5% more capital invested

Capital invested by funds: $700M → $735M (+$35.2M)

1.72% more ownership

Funds ownership: 26.21%27.93% (+1.7%)

0% more funds holding in top 10

Funds holding in top 10: 99 (0)

0% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 18

1% less funds holding

Funds holding: 256253 (-3)

Holders
253
Holders Change
-3
Holders Change %
-1.17%
% of All Funds
3.97%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
18
Increased
83
Reduced
65
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AIFAIM
201
American Institute for Advanced Investment Management
Arizona
$121K
BIA
202
Barry Investment Advisors
Massachusetts
$121K -$132K -11,755 -52%
SA
203
Strategic Advisors
New York
$119K +$119K +10,589 New
EAM
204
Evanson Asset Management
California
$116K
DC
205
Davenport & Co
Virginia
$114K -$3.52K -313 -3%
KeyBank National Association
206
KeyBank National Association
Ohio
$114K
VC
207
Vestor Capital
Illinois
$105K
Fifth Third Bancorp
208
Fifth Third Bancorp
Ohio
$98.8K +$31.5K +2,794 +47%
HIA
209
Harbor Investment Advisory
Maryland
$95.4K
OA
210
Operose Advisors
Wisconsin
$84.8K
AA
211
Ancora Advisors
Ohio
$83.4K
DAM
212
Delta Asset Management
Tennessee
$78.9K
TH
213
TCTC Holdings
Texas
$77K
WT
214
Whittier Trust
California
$71.7K
PTC
215
Private Trust Company
Ohio
$68.5K
IGWM
216
ICA Group Wealth Management
Colorado
$65K
CFGS
217
Concourse Financial Group Securities
Alabama
$63.7K
Carson Wealth (CWM LLC)
218
Carson Wealth (CWM LLC)
Nebraska
$62K +$5.78K +513 +10%
US Bancorp
219
US Bancorp
Minnesota
$61.4K
SSB
220
Sandy Spring Bank
Maryland
$59.8K -$132K -11,766 -69%
CFD
221
Creative Financial Designs
Indiana
$58.5K
CSPIA
222
Cary Street Partners Investment Advisory
Virginia
$58.3K +$39.4K +3,500 +209%
TCM
223
Tradewinds Capital Management
Washington
$56.6K
FCMT
224
Founders Capital Management (Texas)
Texas
$56.4K
AF
225
Advisornet Financial
Minnesota
$50.1K -$4.5K -400 -8%

NAD Hedge Fund Activity: Q2 2023 in Review

253 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2023, worth a combined $735M — up 5% from $700M a quarter earlier.

Fund positioning in NAD was balanced in Q2 2023: 18 funds opened new positions, 18 closed out, 83 added to existing stakes and 65 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $33.1M. The largest seller was Guggenheim Capital, cutting an estimated $15.7M.

  • 253 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2023, down from 256 in Q1 2023.
  • Funds reported $735M of Nuveen Quality Municipal Income Fund stock for Q2 2023, up 5% quarter-over-quarter.
  • 18 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2023 and 18 closed out, a net change of 0 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q2 2023 was Karpus Investment Management, an estimated $33.1M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q2 2023 was Guggenheim Capital, an estimated $15.7M sold.

Based on aggregated 13F filings for Q2 2023.