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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
KeyBank National Association
201
KeyBank National Association
Ohio
$102K
VAG
202
VisionPoint Advisory Group
Texas
$100K -$33.6K -3,089 -24%
VC
203
Vestor Capital
Illinois
$94K
OA
204
Operose Advisors
Wisconsin
$76.3K
AA
205
Ancora Advisors
Ohio
$75K
FGAM
206
Financial Gravity Asset Management
Texas
$73.3K +$21.8K +2,001 New
PTC
207
Private Trust Company
Ohio
$72.1K +$11.2K +1,031 +17%
DAM
208
Delta Asset Management
Tennessee
$71K
TH
209
TCTC Holdings
Texas
$69.3K
Fifth Third Bancorp
210
Fifth Third Bancorp
Ohio
$60.5K -$30.4K -2,794 -32%
CFGS
211
Concourse Financial Group Securities
Alabama
$57.3K
US Bancorp
212
US Bancorp
Minnesota
$55.3K
CFD
213
Creative Financial Designs
Indiana
$52.7K
Carson Wealth (CWM LLC)
214
Carson Wealth (CWM LLC)
Nebraska
$51K -$5.46K -502 -9%
TCM
215
Tradewinds Capital Management
Washington
$50.9K
SSB
216
Sandy Spring Bank
Maryland
$50.7K -$3.27K -301 -6%
FCMT
217
Founders Capital Management (Texas)
Texas
$50.7K
SL
218
Salomon & Ludwin
Virginia
$50.7K +$54.4K +5,000 New
JMF
219
Johnson Midwest Financial
Iowa
$40.6K +$120 +11 +0.3%
Creative Planning
220
Creative Planning
Kansas
$40.1K +$43K +3,951 New
BAAM
221
Baker Avenue Asset Management
California
$35.4K
Bessemer Group
222
Bessemer Group
New Jersey
$34K +$1.92K +176 +6%
PA
223
Parallel Advisors
California
$32.6K
HCM
224
Highlander Capital Management
New Jersey
$31K
Legacy Financial Group (Iowa)
225
Legacy Financial Group (Iowa)
Iowa
$29.8K +$32K +2,942 New

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.