Nuveen Quality Municipal Income Fund
262 hedge funds and large institutions have $708M invested in Nuveen Quality Municipal Income Fund in 2022 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 79 increasing their positions, 67 reducing their positions, and 35 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 67
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.2% less ownership
Funds ownership: 22.93% → 22.73% (-0.2%)
3% less funds holding
Funds holding: 271 → 262 (-9)
11% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 35
18% less capital invested
Capital invested by funds: $862M → $708M (-$154M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$36.4M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$7.85M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$5.24M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$3.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$32.2M |
| 2 |
V
Veritable
Wilmington,
Delaware
|
-$20.5M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$12.2M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$5.06M |
| 5 |
Morgan Stanley
New York
|
-$4.19M |
NAD Hedge Fund Activity: Q1 2022 in Review
262 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q1 2022, worth a combined $708M — down 18% from $862M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of NAD and 31 opened new positions — a net loss of 4 holders — while 67 trimmed existing stakes and 79 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $36.4M. The largest seller was Bramshill Investments, cutting an estimated $32.2M.
- 262 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q1 2022, down from 271 in Q4 2021.
- Funds reported $708M of Nuveen Quality Municipal Income Fund stock for Q1 2022, down 18% quarter-over-quarter.
- 31 funds opened new Nuveen Quality Municipal Income Fund positions in Q1 2022 and 35 closed out, a net change of -4 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q1 2022 was Rivernorth Capital Management, an estimated $36.4M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q1 2022 was Bramshill Investments, an estimated $32.2M sold.
Based on aggregated 13F filings for Q1 2022.