Nuveen Arizona Quality Municipal Income Fund
NAZ
28 hedge funds and large institutions have $7.98M invested in Nuveen Arizona Quality Municipal Income Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
12% more funds holding
Funds holding: 25 → 28 (+3)
0.9% less ownership
Funds ownership: 6.23% → 5.34% (-0.9%)
9% less capital invested
Capital invested by funds: $8.73M → $7.98M (-$752K)
73% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAS
IMA Advisory Services
Denver,
Colorado
|
+$164K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$146K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$130K |
| 4 |
LPL Financial
San Diego,
California
|
+$25.2K |
| 5 |
Barclays
London,
United Kingdom
|
+$24.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.21M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$357K |
| 3 |
Morgan Stanley
New York
|
-$105K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$68.9K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$21.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Ameriprise
Minneapolis,
Minnesota
| $16K | +$16.2K | +1,283 | New |
|
|
WA
27
WealthTrust-Arizona
Scottsdale,
Arizona
| $8K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $2K | -$11.4K | -898 | -83% |
|
29
Creative Planning
Overland Park,
Kansas
| – | -$16K | -1,321 | Closed |
|
NAZ Hedge Fund Activity: Q1 2014 in Review
28 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q1 2014, worth a combined $7.98M — down 8.6% from $8.73M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NAZ positions and 1 closed out — a net gain of 3 holders — while 3 added to existing stakes and 11 trimmed.
The largest buyer was IMA Advisory Services, opening a new position worth an estimated $164K. The largest seller was Wolverine Asset Management, cutting an estimated $1.21M.
- 28 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q1 2014, up from 25 in Q4 2013.
- Funds reported $7.98M of Nuveen Arizona Quality Municipal Income Fund stock for Q1 2014, down 8.6% quarter-over-quarter.
- 4 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q1 2014 and 1 closed out, a net change of +3 holders.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q1 2014 was IMA Advisory Services, an estimated $164K added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q1 2014 was Wolverine Asset Management, an estimated $1.21M sold.
Based on aggregated 13F filings for Q1 2014.