Nuveen Quality Municipal Income Fund
279 hedge funds and large institutions have $584M invested in Nuveen Quality Municipal Income Fund in 2025 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 81 increasing their positions, 81 reducing their positions, and 27 closing their positions.
44% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 27
3% more funds holding
Funds holding: 271 → 279 (+8)
0% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 81
0.96% less ownership
Funds ownership: 21.77% → 20.81% (-0.96%)
2% less capital invested
Capital invested by funds: $594M → $584M (-$10.3M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$9.68M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.14M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.4M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$2.09M |
| 5 |
Jane Street
New York
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$18.4M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$12.4M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
-$8.38M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.25M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$5.02M |
NAD Hedge Fund Activity: Q4 2025 in Review
279 institutional investors reported a position in Nuveen Quality Municipal Income Fund (NAD) for Q4 2025, worth a combined $584M — down 1.7% from $594M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new NAD positions and 27 closed out — a net gain of 12 holders — while 81 added to existing stakes and 81 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $9.68M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $18.4M sold.
- 279 institutional investors held Nuveen Quality Municipal Income Fund (NAD) as of Q4 2025, up from 271 in Q3 2025.
- Funds reported $584M of Nuveen Quality Municipal Income Fund stock for Q4 2025, down 1.7% quarter-over-quarter.
- 39 funds opened new Nuveen Quality Municipal Income Fund positions in Q4 2025 and 27 closed out, a net change of +12 holders.
- The largest Nuveen Quality Municipal Income Fund buyer in Q4 2025 was Guggenheim Capital, an estimated $9.68M added.
- The largest Nuveen Quality Municipal Income Fund seller in Q4 2025 was Rivernorth Capital Management, an estimated $18.4M sold.
Based on aggregated 13F filings for Q4 2025.