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Nuveen Quality Municipal Income Fund

182 hedge funds and large institutions have $661M invested in Nuveen Quality Municipal Income Fund in 2019 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 61 increasing their positions, 31 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 31

17% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 18

1.16% more ownership

Funds ownership: 24.28%25.44% (+1.2%)

0% more funds holding

Funds holding: 182182 (0)

1% less capital invested

Capital invested by funds: $666M → $661M (-$4.78M)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
182
Holders Change
Holders Change %
0%
% of All Funds
3.95%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.13%
New
21
Increased
61
Reduced
31
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$138M +$12.6M +919,993 +10%
Wells Fargo
2
Wells Fargo
California
$68.2M +$11.6M +847,601 +21%
Morgan Stanley
3
Morgan Stanley
New York
$58.3M -$1.41M -102,870 -2%
PPA
4
Parametric Portfolio Associates
Washington
$58.1M -$620K -45,372 -1%
BI
5
Bramshill Investments
Florida
$53.6M +$3.24M +237,127 +7%
UBS Group
6
UBS Group
Switzerland
$38.4M -$3.04M -222,345 -7%
SIA
7
Sit Investment Associates
Minnesota
$21.6M +$4.36M +318,937 +26%
OA
8
Oxbow Advisors
Texas
$17.7M -$161K -11,761 -0.9%
RCM
9
Robinson Capital Management
Michigan
$17M +$2.76M +202,116 +20%
COLIM
10
City of London Investment Management
United Kingdom
$15.1M +$4.37M +319,671 +42%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$12.2M +$5.53M +404,490 +86%
VanEck Associates
12
VanEck Associates
New York
$12.2M +$504K +36,899 +4%
1CP
13
1607 Capital Partners
Virginia
$10.4M +$927K +67,850 +10%
Bank of America
14
Bank of America
North Carolina
$9.28M -$672K -49,189 -7%
HighTower Advisors
15
HighTower Advisors
Illinois
$6.94M +$236K +17,251 +4%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$5.5M +$3.18M +232,542 +145%
GC
17
Guggenheim Capital
Illinois
$4.6M -$382K -27,953 -8%
CCWA
18
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$4.38M +$621K +45,440 +17%
Fiera Capital (Canada)
19
Fiera Capital (Canada)
Quebec, Canada
$4.28M -$2.83M -207,156 -40%
DWM
20
Dakota Wealth Management
Florida
$4.2M +$1.01M +73,611 +33%
Stifel Financial
21
Stifel Financial
Missouri
$3.97M +$928K +67,923 +32%
DFG
22
Delphi Financial Group
Delaware
$3.79M +$486K +35,552 +15%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$3.71M +$298K +21,778 +9%
Cohen & Steers
24
Cohen & Steers
New York
$3.65M -$1.29M -94,230 -27%
AG
25
Advisor Group
Arizona
$3.49M +$353K +25,859 +12%

NAD Hedge Fund Activity: Q2 2019 in Review

182 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q2 2019, worth a combined $661M — down 0.72% from $666M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new NAD positions and 18 closed out — a net gain of 3 holders — while 61 added to existing stakes and 31 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $12.6M. The largest seller was Eaton Vance Management, exiting entirely with an estimated $10.9M sold.

  • 182 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q2 2019, unchanged from Q1 2019.
  • Funds reported $661M of Nuveen Quality Municipal Income Fund stock for Q2 2019, down 0.72% quarter-over-quarter.
  • 21 funds opened new Nuveen Quality Municipal Income Fund positions in Q2 2019 and 18 closed out, a net change of +3 holders.
  • The largest Nuveen Quality Municipal Income Fund buyer in Q2 2019 was Karpus Investment Management, an estimated $12.6M added.
  • The largest Nuveen Quality Municipal Income Fund seller in Q2 2019 was Eaton Vance Management, an estimated $10.9M sold.

Based on aggregated 13F filings for Q2 2019.