Nuveen Quality Municipal Income Fund
55 hedge funds and large institutions have $60M invested in Nuveen Quality Municipal Income Fund in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 8 closing their positions.
0.9% less ownership
Funds ownership: 11.78% → 10.87% (-0.9%)
3% less capital invested
Capital invested by funds: $61.6M → $60M (-$1.6M)
11% less funds holding
Funds holding: 62 → 55 (-7)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$698K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$531K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$405K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$306K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.6M |
| 2 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$1.58M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.21M |
| 4 |
GCM
Gruss Capital Management
New York
|
-$638K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$539K |
NAD Hedge Fund Activity: Q2 2014 in Review
55 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2014, worth a combined $60M — down 2.6% from $61.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NAD and 1 opened new positions — a net loss of 7 holders — while 17 trimmed existing stakes and 14 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $698K. The largest seller was Guggenheim Capital, cutting an estimated $1.6M.
- 55 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2014, down from 62 in Q1 2014.
- Funds reported $60M of Nuveen Quality Municipal Income Fund stock for Q2 2014, down 2.6% quarter-over-quarter.
- 1 fund opened new Nuveen Quality Municipal Income Fund positions in Q2 2014 and 8 closed out, a net change of -7 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q2 2014 was Parametric Portfolio Associates, an estimated $698K added.
- The largest Nuveen Quality Municipal Income Fund seller in Q2 2014 was Guggenheim Capital, an estimated $1.6M sold.
Based on aggregated 13F filings for Q2 2014.