Nuveen Quality Municipal Income Fund
271 hedge funds and large institutions have $948M invested in Nuveen Quality Municipal Income Fund in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 96 increasing their positions, 72 reducing their positions, and 22 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 72
27% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 22
1% more funds holding
Funds holding: 268 → 271 (+3)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
4% less capital invested
Capital invested by funds: $985M → $948M (-$36.9M)
1.38% less ownership
Funds ownership: 36.73% → 35.35% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$11.4M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$5.58M |
| 3 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$4.52M |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$4.03M |
| 5 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
+$3.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$54.2M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$15.4M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.1M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.89M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.77M |
NAD Hedge Fund Activity: Q1 2024 in Review
271 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q1 2024, worth a combined $948M — down 3.7% from $985M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NAD positions and 22 closed out — a net gain of 6 holders — while 96 added to existing stakes and 72 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $11.4M. The largest seller was Morgan Stanley, cutting an estimated $54.2M.
- 271 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q1 2024, up from 268 in Q4 2023.
- Funds reported $948M of Nuveen Quality Municipal Income Fund stock for Q1 2024, down 3.7% quarter-over-quarter.
- 28 funds opened new Nuveen Quality Municipal Income Fund positions in Q1 2024 and 22 closed out, a net change of +6 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q1 2024 was Karpus Investment Management, an estimated $11.4M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $54.2M sold.
Based on aggregated 13F filings for Q1 2024.