Nuveen Arizona Quality Municipal Income Fund
NAZ
22 hedge funds and large institutions have $7.12M invested in Nuveen Arizona Quality Municipal Income Fund in 2014 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 6 closing their positions.
0.8% less ownership
Funds ownership: 5.34% → 4.54% (-0.8%)
11% less capital invested
Capital invested by funds: $7.98M → $7.12M (-$859K)
21% less funds holding
Funds holding: 28 → 22 (-6)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$179K |
| 2 |
IAS
IMA Advisory Services
Denver,
Colorado
|
+$68.6K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$23.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$279K |
| 2 |
Morgan Stanley
New York
|
-$245K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$146K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$132K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$129K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$77K | -6,000 | Closed |
|
|
TJHA
27
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$64K | -5,000 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$2K | -178 | Closed |
|
NAZ Hedge Fund Activity: Q2 2014 in Review
22 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q2 2014, worth a combined $7.12M — down 11% from $7.98M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NAZ and 0 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was LPL Financial, adding an estimated $179K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $279K sold.
- 22 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q2 2014, down from 28 in Q1 2014.
- Funds reported $7.12M of Nuveen Arizona Quality Municipal Income Fund stock for Q2 2014, down 11% quarter-over-quarter.
- 0 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q2 2014 and 6 closed out, a net change of -6 holders.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q2 2014 was LPL Financial, an estimated $179K added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q2 2014 was Karpus Investment Management, an estimated $279K sold.
Based on aggregated 13F filings for Q2 2014.