Nuveen Quality Municipal Income Fund
57 hedge funds and large institutions have $47.7M invested in Nuveen Quality Municipal Income Fund in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 13 reducing their positions, and 10 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
5% more capital invested
Capital invested by funds: $45.6M → $47.7M (+$2.06M)
0.23% more ownership
Funds ownership: 8.08% → 8.31% (+0.23%)
5% less funds holding
Funds holding: 60 → 57 (-3)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.86M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.26M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$660K |
| 4 |
VanEck Associates
New York
|
+$384K |
| 5 |
LCM
Laurion Capital Management
New York
|
+$321K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.41M |
| 2 |
LPL Financial
San Diego,
California
|
-$735K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$666K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$439K |
| 5 |
Cohen & Steers
New York
|
-$362K |
NAD Hedge Fund Activity: Q1 2016 in Review
57 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q1 2016, worth a combined $47.7M — up 4.5% from $45.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NAD and 8 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 21 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.86M. The largest seller was Parametric Portfolio Associates, cutting an estimated $1.41M.
- 57 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q1 2016, down from 60 in Q4 2015.
- Funds reported $47.7M of Nuveen Quality Municipal Income Fund stock for Q1 2016, up 4.5% quarter-over-quarter.
- 8 funds opened new Nuveen Quality Municipal Income Fund positions in Q1 2016 and 10 closed out, a net change of -2 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q1 2016 was Guggenheim Capital, an estimated $1.86M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q1 2016 was Parametric Portfolio Associates, an estimated $1.41M sold.
Based on aggregated 13F filings for Q1 2016.