Nuveen Quality Municipal Income Fund
179 hedge funds and large institutions have $430M invested in Nuveen Quality Municipal Income Fund in 2017 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 50 increasing their positions, 45 reducing their positions, and 18 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
100% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 18
22% more capital invested
Capital invested by funds: $352M → $430M (+$78.7M)
11% more funds holding
Funds holding: 161 → 179 (+18)
11% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 45
2.89% more ownership
Funds ownership: 12.27% → 15.15% (+2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$52.7M |
| 2 |
Morgan Stanley
New York
|
+$6.78M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$6.08M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$3.81M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$4.59M |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
-$2.32M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.83M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.25M |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$463K |
NAD Hedge Fund Activity: Q4 2017 in Review
179 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q4 2017, worth a combined $430M — up 22% from $352M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new NAD positions and 18 closed out — a net gain of 18 holders — while 50 added to existing stakes and 45 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $52.7M. The largest seller was Guggenheim Capital, cutting an estimated $4.59M.
- 179 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q4 2017, up from 161 in Q3 2017.
- Funds reported $430M of Nuveen Quality Municipal Income Fund stock for Q4 2017, up 22% quarter-over-quarter.
- 36 funds opened new Nuveen Quality Municipal Income Fund positions in Q4 2017 and 18 closed out, a net change of +18 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q4 2017 was Karpus Investment Management, an estimated $52.7M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q4 2017 was Guggenheim Capital, an estimated $4.59M sold.
Based on aggregated 13F filings for Q4 2017.