Nuveen Quality Municipal Income Fund
62 hedge funds and large institutions have $61.6M invested in Nuveen Quality Municipal Income Fund in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
3% more funds holding
Funds holding: 60 → 62 (+2)
0.67% less ownership
Funds ownership: 12.45% → 11.78% (-0.67%)
40% less capital inflows, than outflows
Capital inflows: $5.17M | Capital outflows: $8.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
+$1.39M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$808K |
| 3 |
Parametric Portfolio Associates
Seattle,
Washington
|
+$719K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$426K |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
+$278K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$3.1M |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
-$1.35M |
| 3 |
Mariner Investment Group
Harrison,
New York
|
-$923K |
| 4 |
MSI Financial Services
Springfield,
Massachusetts
|
-$669K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$651K |
NAD Hedge Fund Activity: Q1 2014 in Review
62 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q1 2014, worth a combined $61.6M — up 0.61% from $61.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NAD positions and 9 closed out — a net gain of 2 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.39M. The largest seller was Invesco, cutting an estimated $3.1M.
- 62 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q1 2014, up from 60 in Q4 2013.
- Funds reported $61.6M of Nuveen Quality Municipal Income Fund stock for Q1 2014, up 0.61% quarter-over-quarter.
- 11 funds opened new Nuveen Quality Municipal Income Fund positions in Q1 2014 and 9 closed out, a net change of +2 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q1 2014 was Karpus Investment Management, an estimated $1.39M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q1 2014 was Invesco, an estimated $3.1M sold.
Based on aggregated 13F filings for Q1 2014.