Nuveen Quality Municipal Income Fund
249 hedge funds and large institutions have $826M invested in Nuveen Quality Municipal Income Fund in 2021 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 74 increasing their positions, 59 reducing their positions, and 16 closing their positions.
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
25% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 59
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
2% more funds holding
Funds holding: 244 → 249 (+5)
0.88% less ownership
Funds ownership: 23.56% → 22.68% (-0.88%)
6% less capital invested
Capital invested by funds: $880M → $826M (-$53.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$19.6M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$5.23M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$4.71M |
| 4 |
XF
XML Financial
Bethesda,
Maryland
|
+$2.91M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$25.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$13.8M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$13.6M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$7.78M |
| 5 |
RVPG
Relative Value Partners Group
|
-$5.42M |
NAD Hedge Fund Activity: Q3 2021 in Review
249 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q3 2021, worth a combined $826M — down 6.1% from $880M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NAD positions and 16 closed out — a net gain of 9 holders — while 74 added to existing stakes and 59 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $19.6M. The largest seller was Parametric Portfolio Associates, cutting an estimated $25.1M.
- 249 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q3 2021, up from 244 in Q2 2021.
- Funds reported $826M of Nuveen Quality Municipal Income Fund stock for Q3 2021, down 6.1% quarter-over-quarter.
- 25 funds opened new Nuveen Quality Municipal Income Fund positions in Q3 2021 and 16 closed out, a net change of +9 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q3 2021 was Citadel Advisors, an estimated $19.6M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q3 2021 was Parametric Portfolio Associates, an estimated $25.1M sold.
Based on aggregated 13F filings for Q3 2021.