Nuveen Arizona Quality Municipal Income Fund
NAZ
30 hedge funds and large institutions have $12.2M invested in Nuveen Arizona Quality Municipal Income Fund in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 7 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
0.74% less ownership
Funds ownership: 8.53% → 7.8% (-0.74%)
10% less capital invested
Capital invested by funds: $13.5M → $12.2M (-$1.28M)
14% less funds holding
Funds holding: 35 → 30 (-5)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$151K |
| 2 |
BCWM
Bartlett & Co Wealth Management
Cincinnati,
Ohio
|
+$113K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$107K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$101K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$88K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$833K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$434K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$411K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$334K |
| 5 |
Goldman Sachs
New York
|
-$163K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $68K | +$188 | +14 | +0.3% |
|
|
TCWM
27
Total Clarity Wealth Management
St. Charles,
Illinois
| $41K | +$40.2K | +3,000 | New |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $36K | +$161 | +12 | +0.4% |
|
|
IF
29
Ironwood Financial
Tucson,
Arizona
| $20K | – | – | – |
|
30
JP Morgan Chase
New York
| $3K | +$2.63K | +196 | New |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| – | -$434K | -32,251 | Closed |
|
|
PAG
32
Private Advisor Group
Morristown,
New Jersey
| – | -$411K | -30,674 | Closed |
|
|
LCM
33
Landscape Capital Management
Englewood,
New Jersey
| – | -$334K | -24,823 | Closed |
|
|
34
Goldman Sachs
New York
| – | -$163K | -12,086 | Closed |
|
|
FMWA
35
Forvis Mazars Wealth Advisors
Springfield,
Missouri
| – | -$161K | -11,954 | Closed |
|
|
FIA
36
FNY Investment Advisers
New York
| – | -$2K | -172 | Closed |
|
|
EW
37
Evoke Wealth
Los Angeles,
California
| – | -$1.12K | -83 | Closed |
|
NAZ Hedge Fund Activity: Q4 2019 in Review
30 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q4 2019, worth a combined $12.2M — down 9.5% from $13.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NAZ and 4 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 12 added.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $151K. The largest seller was Saba Capital Management, cutting an estimated $833K.
- 30 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q4 2019, down from 35 in Q3 2019.
- Funds reported $12.2M of Nuveen Arizona Quality Municipal Income Fund stock for Q4 2019, down 9.5% quarter-over-quarter.
- 4 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q4 2019 and 7 closed out, a net change of -3 holders.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q4 2019 was Raymond James & Associates, an estimated $151K added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q4 2019 was Saba Capital Management, an estimated $833K sold.
Based on aggregated 13F filings for Q4 2019.