Nuveen Arizona Quality Municipal Income Fund
NAZ
32 hedge funds and large institutions have $14.8M invested in Nuveen Arizona Quality Municipal Income Fund in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 3 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
0.83% less ownership
Funds ownership: 10.67% → 9.85% (-0.83%)
3% less funds holding
Funds holding: 33 → 32 (-1)
8% less capital invested
Capital invested by funds: $16.1M → $14.8M (-$1.27M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$289K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$159K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$134K |
| 4 |
SRC
Shufro Rose & Co
New York
|
+$129K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$695K |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$675K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$431K |
| 4 |
SCM
Saba Capital Management
New York
|
-$273K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$162K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $65K | – | – | – |
|
|
AIM
27
Advantage Investment Management
Cedar Rapids,
Iowa
| $34K | – | – | – |
|
|
ACS
28
Archford Capital Strategies
Swansea,
Illinois
| $22K | – | – | – |
|
|
IF
29
Ironwood Financial
Tucson,
Arizona
| $20K | – | – | – |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $8K | -$20.1K | -1,566 | -71% |
|
|
MWM
31
Merriman Wealth Management
Seattle,
Washington
| $3.14K | – | – | – |
|
|
FIA
32
FNY Investment Advisers
New York
| $2K | +$257 | +20 | +14% |
|
|
SWM
33
SeaCrest Wealth Management
Purchase,
New York
| – | -$67K | -5,200 | Closed |
|
|
PO
34
Private Ocean
San Rafael,
California
| – | -$15K | -1,175 | Closed |
|
|
ASN
35
Advisory Services Network
Atlanta,
Georgia
| – | -$9K | -700 | Closed |
|
NAZ Hedge Fund Activity: Q2 2019 in Review
32 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q2 2019, worth a combined $14.8M — down 7.9% from $16.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NAZ and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 11 added.
The largest buyer was City of London Investment Management, adding an estimated $289K. The largest seller was Matisse Capital, cutting an estimated $695K.
- 32 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q2 2019, down from 33 in Q1 2019.
- Funds reported $14.8M of Nuveen Arizona Quality Municipal Income Fund stock for Q2 2019, down 7.9% quarter-over-quarter.
- 2 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q2 2019 and 3 closed out, a net change of -1 holder.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q2 2019 was City of London Investment Management, an estimated $289K added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q2 2019 was Matisse Capital, an estimated $695K sold.
Based on aggregated 13F filings for Q2 2019.