Nuveen Quality Municipal Income Fund
55 hedge funds and large institutions have $58.5M invested in Nuveen Quality Municipal Income Fund in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 6 closing their positions.
0% more funds holding
Funds holding: 55 → 55 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0.26% less ownership
Funds ownership: 11.76% → 11.5% (-0.26%)
7% less capital invested
Capital invested by funds: $63.2M → $58.5M (-$4.71M)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.05M |
| 2 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$1.1M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$945K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$741K |
| 5 |
FTCM
Fir Tree Capital Management
New York
|
+$726K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$4.56M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.14M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.01M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$916K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$832K |
NAD Hedge Fund Activity: Q3 2013 in Review
55 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q3 2013, worth a combined $58.5M — down 7.5% from $63.2M a quarter earlier.
Fund positioning in NAD was balanced in Q3 2013: 6 funds opened new positions, 6 closed out, 12 added to existing stakes and 18 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.05M. The largest seller was Invesco, cutting an estimated $4.56M.
- 55 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $58.5M of Nuveen Quality Municipal Income Fund stock for Q3 2013, down 7.5% quarter-over-quarter.
- 6 funds opened new Nuveen Quality Municipal Income Fund positions in Q3 2013 and 6 closed out, a net change of 0 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q3 2013 was Rivernorth Capital Management, an estimated $4.05M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q3 2013 was Invesco, an estimated $4.56M sold.
Based on aggregated 13F filings for Q3 2013.