Nuveen Arizona Quality Municipal Income Fund
NAZ
30 hedge funds and large institutions have $13.8M invested in Nuveen Arizona Quality Municipal Income Fund in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 6 closing their positions.
0.91% less ownership
Funds ownership: 9.02% → 8.11% (-0.91%)
3% less capital invested
Capital invested by funds: $14.2M → $13.8M (-$436K)
3% less funds holding
Funds holding: 31 → 30 (-1)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$512K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$309K |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$176K |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$170K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.38M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$346K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$341K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$321K |
| 5 |
Morgan Stanley
New York
|
-$217K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SRC
26
Shufro Rose & Co
New York
| $147K | – | – | – |
|
|
SCA
27
STALEY CAPITAL ADVISERS
Pittsburgh,
Pennsylvania
| $147K | +$142K | +10,000 | New |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $39K | +$185 | +13 | +0.5% |
|
|
IF
29
Ironwood Financial
Tucson,
Arizona
| $15K | – | – | – |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $5K | – | – | – |
|
|
RCM
31
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$1.38M | -101,171 | Closed |
|
|
MC
32
Matisse Capital
Portland,
Oregon
| – | -$346K | -25,414 | Closed |
|
|
CRC
33
Curi RMB Capital
Chicago,
Illinois
| – | -$341K | -25,042 | Closed |
|
|
AA
34
AQR Arbitrage
Greenwich,
Connecticut
| – | -$321K | -23,621 | Closed |
|
|
MIG
35
Mariner Investment Group
Harrison,
New York
| – | -$200K | -14,699 | Closed |
|
|
PAG
36
Private Advisor Group
Morristown,
New Jersey
| – | -$35K | -2,602 | Closed |
|
NAZ Hedge Fund Activity: Q3 2020 in Review
30 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q3 2020, worth a combined $13.8M — down 3.1% from $14.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NAZ and 5 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 6 added.
The largest buyer was Raymond James & Associates, adding an estimated $512K. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.38M sold.
- 30 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q3 2020, down from 31 in Q2 2020.
- Funds reported $13.8M of Nuveen Arizona Quality Municipal Income Fund stock for Q3 2020, down 3.1% quarter-over-quarter.
- 5 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q3 2020 and 6 closed out, a net change of -1 holder.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q3 2020 was Raymond James & Associates, an estimated $512K added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q3 2020 was Robinson Capital Management, an estimated $1.38M sold.
Based on aggregated 13F filings for Q3 2020.