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Nuveen Quality Municipal Income Fund

56 hedge funds and large institutions have $41.5M invested in Nuveen Quality Municipal Income Fund in 2015 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 22 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.2% less ownership

Funds ownership: 9.06%7.86% (-1.2%)

3% less funds holding

Funds holding: 5856 (-2)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

17% less capital invested

Capital invested by funds: $50.3M → $41.5M (-$8.8M)

45% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 22

Holders
56
Holders Change
-2
Holders Change %
-3.45%
% of All Funds
1.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
12
Reduced
22
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCM
1
Rivernorth Capital Management
Florida
$5.69M -$2.48M -176,520 -30%
Bank of America
2
Bank of America
North Carolina
$4.93M +$2.13M +151,610 +72%
Morgan Stanley
3
Morgan Stanley
New York
$4.37M -$75.2K -5,344 -2%
PPA
4
Parametric Portfolio Associates
Washington
$4.22M -$849K -60,340 -16%
Wells Fargo
5
Wells Fargo
California
$1.95M +$48.2K +3,427 +2%
UBS Group
6
UBS Group
Switzerland
$1.92M +$116K +8,242 +6%
GC
7
Guggenheim Capital
Illinois
$1.76M -$536K -38,073 -23%
AAM
8
Advisors Asset Management
Colorado
$1.72M -$92.4K -6,563 -5%
HK
9
Horizon Kinetics
New York
$1.47M -$550K -39,056 -27%
CIA
10
Capital Investment Advisors
Georgia
$1.4M -$36.7K -2,608 -2%
CCWA
11
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$1.16M -$233K -16,548 -16%
Invesco
12
Invesco
Georgia
$896K -$588K -41,773 -39%
Northwestern Mutual Wealth Management
13
Northwestern Mutual Wealth Management
Wisconsin
$860K -$31.4K -2,234 -3%
NPC
14
National Planning Corporation
California
$741K +$28.2K +2,004 +4%
VanEck Associates
15
VanEck Associates
New York
$704K +$14.8K +1,051 +2%
LPL Financial
16
LPL Financial
California
$680K -$89.2K -6,342 -11%
DA
17
Doliver Advisors
Texas
$668K +$499K +35,437 +258%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$621K +$4.7K +334 +0.7%
GEM
19
Global Endowment Management
North Carolina
$477K -$593K -42,140 -55%
SWP
20
Stratos Wealth Partners
Ohio
$404K -$8.74K -621 -2%
DC
21
Davenport & Co
Virginia
$353K
DLG
22
Daniel L. Goodwin
$335K
TCM
23
Tradewinds Capital Management
Washington
$326K
MIG
24
Mariner Investment Group
New York
$297K -$967K -68,698 -76%
Cohen & Steers
25
Cohen & Steers
New York
$295K +$306K +21,728 New

NAD Hedge Fund Activity: Q2 2015 in Review

56 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2015, worth a combined $41.5M — down 17% from $50.3M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of NAD and 7 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 12 added.

The largest buyer was Bank of America, adding an estimated $2.13M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.48M.

  • 56 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2015, down from 58 in Q1 2015.
  • Funds reported $41.5M of Nuveen Quality Municipal Income Fund stock for Q2 2015, down 17% quarter-over-quarter.
  • 7 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2015 and 8 closed out, a net change of -1 holder.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q2 2015 was Bank of America, an estimated $2.13M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q2 2015 was Rivernorth Capital Management, an estimated $2.48M sold.

Based on aggregated 13F filings for Q2 2015.