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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.

New
Increased
Maintained
Reduced
Closed

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: 6255 (-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

Holders
55
Holders Change
-7
Holders Change %
-11.29%
% of All Funds
1.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
14
Reduced
17
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$11.4M -$1.21M -87,591 -10%
AAM
2
Advisors Asset Management
Colorado
$5.93M -$539K -38,887 -8%
Bank of America
3
Bank of America
North Carolina
$5.54M +$405K +29,233 +8%
PPA
4
Parametric Portfolio Associates
Washington
$5.36M +$698K +50,410 +15%
GC
5
Guggenheim Capital
Illinois
$5.08M -$1.6M -115,763 -24%
Morgan Stanley
6
Morgan Stanley
New York
$3.37M +$58.5K +4,224 +2%
HK
7
Horizon Kinetics
New York
$3.2M -$19.7K -1,421 -0.6%
KIM
8
Karpus Investment Management
New York
$2.25M +$306K +22,100 +16%
CCWA
9
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$2.11M -$32.6K -2,350 -2%
Invesco
10
Invesco
Georgia
$1.6M +$531K +38,295 +51%
CIA
11
Capital Investment Advisors
Georgia
$1.56M -$1.79K -129 -0.1%
GEM
12
Global Endowment Management
North Carolina
$1.52M -$1.58M -114,000 -52%
U
13
UBS
Switzerland
$1.49M +$170K +12,262 +13%
Wells Fargo
14
Wells Fargo
California
$1.43M +$104K +7,518 +8%
AQR Capital Management
15
AQR Capital Management
Connecticut
$1.36M -$177K -12,751 -12%
LPL Financial
16
LPL Financial
California
$819K +$3.8K +274 +0.5%
Northwestern Mutual Wealth Management
17
Northwestern Mutual Wealth Management
Wisconsin
$582K
VanEck Associates
18
VanEck Associates
New York
$564K +$98K +7,071 +22%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$482K -$43K -3,100 -8%
KeyBank National Association
20
KeyBank National Association
Ohio
$363K -$20.2K -1,455 -5%
UCFA
21
United Capital Financial Advisors
Texas
$357K -$79.3K -5,723 -18%
DLG
22
Daniel L. Goodwin
$349K
TCM
23
Tradewinds Capital Management
Washington
$320K +$51.3K +3,700 +20%
ACM
24
Argentus Capital Management
Texas
$299K
DC
25
Davenport & Co
Virginia
$283K

NAD Hedge Fund Activity: Q2 2014 in Review

55 of the 3,479 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.