Nuveen Arizona Quality Municipal Income Fund
NAZ
31 hedge funds and large institutions have $13M invested in Nuveen Arizona Quality Municipal Income Fund in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
7% more capital invested
Capital invested by funds: $12.2M → $13M (+$857K)
3% more funds holding
Funds holding: 30 → 31 (+1)
1.23% more ownership
Funds ownership: 7.8% → 9.02% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1W
1776 Wealth
Atlanta,
Georgia
|
+$1.04M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$374K |
| 3 |
Morgan Stanley
New York
|
+$275K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$202K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$158K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$742K |
| 2 |
FM
Family Management
New York
|
-$156K |
| 3 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$135K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$55.3K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$53.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WS
26
Wedbush Securities
Los Angeles,
California
| $126K | -$53.9K | -4,000 | -28% |
|
|
SRC
27
Shufro Rose & Co
New York
| $124K | – | – | – |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $34K | +$162 | +12 | +0.4% |
|
|
IF
29
Ironwood Financial
Tucson,
Arizona
| $12K | -$6.96K | -516 | -34% |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $4K | +$4.72K | +350 | New |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| $1K | +$1.48K | +110 | New |
|
|
MWM
32
Merriman Wealth Management
Seattle,
Washington
| – | -$135K | -10,000 | Closed |
|
|
TCWM
33
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$41K | -3,000 | Closed |
|
34
JP Morgan Chase
New York
| – | -$3K | -196 | Closed |
|
NAZ Hedge Fund Activity: Q1 2020 in Review
31 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q1 2020, worth a combined $13M — up 7% from $12.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NAZ positions and 3 closed out — a net gain of 3 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was 1776 Wealth, adding an estimated $1.04M. The largest seller was Saba Capital Management, cutting an estimated $742K.
- 31 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q1 2020, up from 30 in Q4 2019.
- Funds reported $13M of Nuveen Arizona Quality Municipal Income Fund stock for Q1 2020, up 7% quarter-over-quarter.
- 6 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q1 2020 and 3 closed out, a net change of +3 holders.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q1 2020 was 1776 Wealth, an estimated $1.04M added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q1 2020 was Saba Capital Management, an estimated $742K sold.
Based on aggregated 13F filings for Q1 2020.