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Nuveen Quality Municipal Income Fund

52 hedge funds and large institutions have $58.1M invested in Nuveen Quality Municipal Income Fund in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more capital invested

Capital invested by funds: $52.9M → $58.1M (+$5.2M)

0.59% more ownership

Funds ownership: 9.8%10.39% (+0.59%)

5% less funds holding

Funds holding: 5552 (-3)

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

50% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 16

Holders
52
Holders Change
-3
Holders Change %
-5.45%
% of All Funds
1.39%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
8
Reduced
16
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MGAM
1
McGowan Group Asset Management
Texas
$10.1M +$9.99M +706,632 New
RCM
2
Rivernorth Capital Management
Florida
$8.81M -$1.35M -95,533 -13%
PPA
3
Parametric Portfolio Associates
Washington
$5.38M -$209K -14,761 -4%
Morgan Stanley
4
Morgan Stanley
New York
$3.68M +$301K +21,298 +9%
AAM
5
Advisors Asset Management
Colorado
$3.54M -$944K -66,789 -21%
GC
6
Guggenheim Capital
Illinois
$2.75M -$1.95M -138,200 -42%
Bank of America
7
Bank of America
North Carolina
$2.4M -$1.93M -136,811 -45%
HK
8
Horizon Kinetics
New York
$2.26M -$242K -17,125 -10%
KIM
9
Karpus Investment Management
New York
$2M -$198K -14,008 -9%
Wells Fargo
10
Wells Fargo
California
$1.79M +$345K +24,368 +24%
Invesco
11
Invesco
Georgia
$1.59M -$40.1K -2,839 -2%
UBS Group
12
UBS Group
Switzerland
$1.58M +$1.56M +110,543 New
CIA
13
Capital Investment Advisors
Georgia
$1.55M -$35.2K -2,487 -2%
CCWA
14
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$1.46M -$200K -14,170 -12%
GEM
15
Global Endowment Management
North Carolina
$1.11M
AQR Capital Management
16
AQR Capital Management
Connecticut
$1.07M -$296K -20,932 -22%
LPL Financial
17
LPL Financial
California
$791K -$3.68K -260 -0.5%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$651K +$161K +11,370 +33%
VanEck Associates
19
VanEck Associates
New York
$583K +$40.2K +2,846 +8%
Northwestern Mutual Wealth Management
20
Northwestern Mutual Wealth Management
Wisconsin
$525K -$63.7K -4,508 -11%
SWP
21
Stratos Wealth Partners
Ohio
$436K +$430K +30,434 New
DLG
22
Daniel L. Goodwin
$354K
TCM
23
Tradewinds Capital Management
Washington
$324K
ACM
24
Argentus Capital Management
Texas
$303K
KeyBank National Association
25
KeyBank National Association
Ohio
$290K

NAD Hedge Fund Activity: Q4 2014 in Review

52 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q4 2014, worth a combined $58.1M — up 9.8% from $52.9M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of NAD and 8 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 8 added.

The largest buyer was Stratos Wealth Partners, opening a new position worth an estimated $430K. The largest seller was Guggenheim Capital, cutting an estimated $1.95M.

  • 52 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q4 2014, down from 55 in Q3 2014.
  • Funds reported $58.1M of Nuveen Quality Municipal Income Fund stock for Q4 2014, up 9.8% quarter-over-quarter.
  • 8 funds opened new Nuveen Quality Municipal Income Fund positions in Q4 2014 and 10 closed out, a net change of -2 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q4 2014 was Stratos Wealth Partners, an estimated $430K added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q4 2014 was Guggenheim Capital, an estimated $1.95M sold.

Based on aggregated 13F filings for Q4 2014.