Nuveen Arizona Quality Municipal Income Fund
NAZ
30 hedge funds and large institutions have $15.7M invested in Nuveen Arizona Quality Municipal Income Fund in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
14% more capital invested
Capital invested by funds: $13.8M → $15.7M (+$1.93M)
0.46% more ownership
Funds ownership: 8.11% → 8.56% (+0.46%)
0% more funds holding
Funds holding: 30 → 30 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$308K |
| 3 |
SLA
Silver Lake Advisory
Cottonwood Heights,
Utah
|
+$204K |
| 4 |
Morgan Stanley
New York
|
+$186K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$552K |
| 2 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$181K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$150K |
| 4 |
SRC
Shufro Rose & Co
New York
|
-$147K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$87.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $62K | +$60.5K | +4,000 | New |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $35K | -$5.28K | -349 | -13% |
|
|
IF
28
Ironwood Financial
Tucson,
Arizona
| $16K | – | – | – |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $6K | – | – | – |
|
|
TIM
30
Tortoise Investment Management
White Plains,
New York
| $6K | +$6.05K | +400 | New |
|
|
COLIM
31
City of London Investment Management
London,
United Kingdom
| – | -$552K | -37,646 | Closed |
|
|
AAS
32
Avantax Advisory Services
Dallas,
Texas
| – | -$181K | -12,374 | Closed |
|
|
WS
33
Wedbush Securities
Los Angeles,
California
| – | -$150K | -10,194 | Closed |
|
|
SRC
34
Shufro Rose & Co
New York
| – | -$147K | -10,000 | Closed |
|
NAZ Hedge Fund Activity: Q4 2020 in Review
30 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q4 2020, worth a combined $15.7M — up 14% from $13.8M a quarter earlier.
Fund positioning in NAZ was balanced in Q4 2020: 4 funds opened new positions, 4 closed out, 9 added to existing stakes and 6 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $1M. The largest seller was City of London Investment Management, exiting entirely with an estimated $552K sold.
- 30 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q4 2020, unchanged from Q3 2020.
- Funds reported $15.7M of Nuveen Arizona Quality Municipal Income Fund stock for Q4 2020, up 14% quarter-over-quarter.
- 4 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q4 2020 and 4 closed out, a net change of 0 holders.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q4 2020 was Raymond James Financial Services Advisors, an estimated $1M added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q4 2020 was City of London Investment Management, an estimated $552K sold.
Based on aggregated 13F filings for Q4 2020.