Nuveen Arizona Quality Municipal Income Fund
NAZ
35 hedge funds and large institutions have $13.5M invested in Nuveen Arizona Quality Municipal Income Fund in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
9% more funds holding
Funds holding: 32 → 35 (+3)
1.31% less ownership
Funds ownership: 9.85% → 8.53% (-1.3%)
9% less capital invested
Capital invested by funds: $14.8M → $13.5M (-$1.32M)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$410K |
| 2 |
BC
Bartlett & Co
Cincinnati,
Ohio
|
+$315K |
| 3 |
BCWM
Bartlett & Co Wealth Management
Cincinnati,
Ohio
|
+$315K |
| 4 |
Goldman Sachs
New York
|
+$162K |
| 5 |
1WA
180 Wealth Advisors
Federal Way,
Washington
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$869K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$835K |
| 3 |
SCM
Saba Capital Management
New York
|
-$793K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$402K |
| 5 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$188K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NCM
26
Northside Capital Management
Hood River,
Oregon
| $153K | -$25.4K | -1,898 | -14% |
|
|
MWM
27
Merriman Wealth Management
Seattle,
Washington
| $135K | -$188K | -14,040 | -58% |
|
|
SRC
28
Shufro Rose & Co
New York
| $135K | – | – | – |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| $117K | -$116K | -8,710 | -50% |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $67K | – | – | – |
|
|
GWM
31
Geneos Wealth Management
Englewood,
Colorado
| $36K | -$66.8K | -4,997 | -65% |
|
|
AIM
32
Advantage Investment Management
Cedar Rapids,
Iowa
| $35K | – | – | – |
|
|
IF
33
Ironwood Financial
Tucson,
Arizona
| $20K | – | – | – |
|
|
FIA
34
FNY Investment Advisers
New York
| $2K | +$134 | +10 | +6% |
|
|
EW
35
Evoke Wealth
Los Angeles,
California
| $1.12K | +$1.11K | +83 | New |
|
36
Stifel Financial
St. Louis,
Missouri
| – | -$136K | -10,439 | Closed |
|
|
ACS
37
Archford Capital Strategies
Swansea,
Illinois
| – | -$22K | -1,683 | Closed |
|
38
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$8K | -634 | Closed |
|
NAZ Hedge Fund Activity: Q3 2019 in Review
35 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q3 2019, worth a combined $13.5M — down 8.9% from $14.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NAZ positions and 3 closed out — a net gain of 3 holders — while 6 added to existing stakes and 12 trimmed.
The largest buyer was Private Advisor Group, opening a new position worth an estimated $410K. The largest seller was Wolverine Asset Management, cutting an estimated $869K.
- 35 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q3 2019, up from 32 in Q2 2019.
- Funds reported $13.5M of Nuveen Arizona Quality Municipal Income Fund stock for Q3 2019, down 8.9% quarter-over-quarter.
- 6 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q3 2019 and 3 closed out, a net change of +3 holders.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q3 2019 was Private Advisor Group, an estimated $410K added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q3 2019 was Wolverine Asset Management, an estimated $869K sold.
Based on aggregated 13F filings for Q3 2019.