Nuveen Quality Municipal Income Fund
285 hedge funds and large institutions have $909M invested in Nuveen Quality Municipal Income Fund in 2024 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 107 increasing their positions, 65 reducing their positions, and 24 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 65
46% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 24
3% more funds holding
Funds holding: 276 → 285 (+9)
3.97% less ownership
Funds ownership: 35.37% → 31.4% (-4%)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
63% less capital inflows, than outflows
Capital inflows: $66.5M | Capital outflows: $178M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bramshill Investments
Naples,
Florida
|
+$15.4M |
| 2 |
McGowan Group Asset Management
Dallas,
Texas
|
+$4.84M |
| 3 |
Morgan Stanley
New York
|
+$4.34M |
| 4 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.19M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
-$65.7M |
| 2 |
Saba Capital Management
New York
|
-$33.5M |
| 3 |
Logan Stone Capital
Chicago,
Illinois
|
-$14.8M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$8.76M |
| 5 |
Penserra Capital Management
Orinda,
California
|
-$6.12M |
NAD Hedge Fund Activity: Q3 2024 in Review
285 of the 6,987 institutional investors tracked by Wall St. Rank reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q3 2024, worth a combined $909M — down 6.7% from $974M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new NAD positions and 24 closed out — a net gain of 11 holders — while 107 added to existing stakes and 65 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $15.4M. The largest seller was Karpus Investment Management, cutting an estimated $65.7M.
- 285 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q3 2024, up from 276 in Q2 2024.
- Funds reported $909M of Nuveen Quality Municipal Income Fund stock for Q3 2024, down 6.7% quarter-over-quarter.
- 35 funds opened new Nuveen Quality Municipal Income Fund positions in Q3 2024 and 24 closed out, a net change of +11 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q3 2024 was Bramshill Investments, an estimated $15.4M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q3 2024 was Karpus Investment Management, an estimated $65.7M sold.
Based on aggregated 13F filings for Q3 2024.