Nuveen Quality Municipal Income Fund
212 hedge funds and large institutions have $725M invested in Nuveen Quality Municipal Income Fund in 2019 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 69 increasing their positions, 37 reducing their positions, and 9 closing their positions.
267% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 9
86% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 37
10% more funds holding
Funds holding: 192 → 212 (+20)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0% less capital invested
Capital invested by funds: $726M → $725M (-$723K)
0.42% less ownership
Funds ownership: 25.04% → 24.61% (-0.42%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.29M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.02M |
| 3 |
Morgan Stanley
New York
|
+$2.82M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.64M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$13.4M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$8.63M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
-$8.5M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$8.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.27M |
NAD Hedge Fund Activity: Q4 2019 in Review
212 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q4 2019, worth a combined $725M — down 0.1% from $726M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new NAD positions and 9 closed out — a net gain of 24 holders — while 69 added to existing stakes and 37 trimmed.
The largest buyer was Wells Fargo, adding an estimated $8.29M. The largest seller was Rivernorth Capital Management, cutting an estimated $13.4M.
- 212 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q4 2019, up from 192 in Q3 2019.
- Funds reported $725M of Nuveen Quality Municipal Income Fund stock for Q4 2019, down 0.1% quarter-over-quarter.
- 33 funds opened new Nuveen Quality Municipal Income Fund positions in Q4 2019 and 9 closed out, a net change of +24 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q4 2019 was Wells Fargo, an estimated $8.29M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q4 2019 was Rivernorth Capital Management, an estimated $13.4M sold.
Based on aggregated 13F filings for Q4 2019.