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Nuveen Quality Municipal Income Fund

60 hedge funds and large institutions have $49.4M invested in Nuveen Quality Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

14% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 14

5% more funds holding

Funds holding: 5760 (+3)

4% more capital invested

Capital invested by funds: $47.7M → $49.4M (+$1.75M)

0.18% less ownership

Funds ownership: 8.31%8.12% (-0.18%)

Holders
60
Holders Change
+3
Holders Change %
+5.26%
% of All Funds
1.6%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
16
Reduced
14
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$10.5M +$1.17M +76,368 +13%
GC
2
Guggenheim Capital
Illinois
$4.68M +$1.04M +67,756 +29%
Morgan Stanley
3
Morgan Stanley
New York
$4.01M -$831K -54,137 -17%
Invesco
4
Invesco
Georgia
$3.97M -$141K -9,215 -4%
UBS Group
5
UBS Group
Switzerland
$2.38M +$297K +19,344 +15%
Wells Fargo
6
Wells Fargo
California
$2.02M +$143K +9,344 +8%
AAM
7
Advisors Asset Management
Colorado
$1.76M -$105K -6,856 -6%
VanEck Associates
8
VanEck Associates
New York
$1.73M +$243K +15,857 +17%
CIA
9
Capital Investment Advisors
Georgia
$1.43M -$79.6K -5,187 -5%
NCMW
10
Northern Capital Management (Wisconsin)
Wisconsin
$1.41M -$53.7K -3,500 -4%
HK
11
Horizon Kinetics
New York
$1.29M
SWP
12
Stratos Wealth Partners
Ohio
$1.22M +$310K +20,200 +35%
CCWA
13
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$973K -$313K -20,400 -25%
Northwestern Mutual Wealth Management
14
Northwestern Mutual Wealth Management
Wisconsin
$959K -$4.38K -285 -0.5%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$945K +$98.3K +6,405 +12%
NPC
16
National Planning Corporation
California
$849K +$46 +3 +0%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$792K +$777K +50,630 New
Baird Financial Group
18
Baird Financial Group
Wisconsin
$614K +$107K +6,944 +21%
RJFSA
19
Raymond James Financial Services Advisors
Florida
$576K +$20.5K +1,335 +4%
PAG
20
Private Advisor Group
New Jersey
$556K +$537 +35 +0.1%
RJA
21
Raymond James & Associates
Florida
$532K +$234K +15,250 +81%
TCM
22
Tradewinds Capital Management
Washington
$491K
LPL Financial
23
LPL Financial
California
$431K -$381K -24,824 -47%
DLG
24
Daniel L. Goodwin
$387K
VC
25
Vicus Capital
Pennsylvania
$362K

NAD Hedge Fund Activity: Q2 2016 in Review

60 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2016, worth a combined $49.4M — up 3.7% from $47.7M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new NAD positions and 6 closed out — a net gain of 3 holders — while 16 added to existing stakes and 14 trimmed.

The largest buyer was Bank of America, adding an estimated $1.17M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $4.02M sold.

  • 60 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2016, up from 57 in Q1 2016.
  • Funds reported $49.4M of Nuveen Quality Municipal Income Fund stock for Q2 2016, up 3.7% quarter-over-quarter.
  • 9 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2016 and 6 closed out, a net change of +3 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q2 2016 was Bank of America, an estimated $1.17M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q2 2016 was Parametric Portfolio Associates, an estimated $4.02M sold.

Based on aggregated 13F filings for Q2 2016.