Nuveen Arizona Quality Municipal Income Fund
NAZ
33 hedge funds and large institutions have $13.4M invested in Nuveen Arizona Quality Municipal Income Fund in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 5 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
0.48% less ownership
Funds ownership: 11.1% → 10.62% (-0.48%)
6% less capital invested
Capital invested by funds: $14.4M → $13.4M (-$928K)
8% less funds holding
Funds holding: 36 → 33 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$366K |
| 2 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
+$230K |
| 3 |
IGWM
ICA Group Wealth Management
Denver,
Colorado
|
+$163K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$80.5K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$51.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$501K |
| 2 |
ACI
Alpha Cubed Investments
Irvine,
California
|
-$151K |
| 3 |
BC
Bartlett & Co
Cincinnati,
Ohio
|
-$142K |
| 4 |
BCWM
Bartlett & Co Wealth Management
Cincinnati,
Ohio
|
-$142K |
| 5 |
FM
Family Management
New York
|
-$137K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCA
26
STALEY CAPITAL ADVISERS
Pittsburgh,
Pennsylvania
| $113K | – | – | – |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $103K | +$11.6K | +1,006 | +12% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $68K | – | – | – |
|
|
AF
29
Allworth Financial
Folsom,
California
| $41.8K | – | – | – |
|
|
HCM
30
Hollencrest Capital Management
Newport Beach,
California
| $31.4K | – | – | – |
|
|
TIM
31
Tortoise Investment Management
White Plains,
New York
| $9.04K | +$4.6K | +400 | +100% |
|
|
FIA
32
FNY Investment Advisers
New York
| $1K | +$1.15K | +100 | New |
|
33
Commonwealth Equity Services
Waltham,
Massachusetts
| $479 | +$27.9K | +2,421 | +6% |
|
|
ACI
34
Alpha Cubed Investments
Irvine,
California
| – | -$151K | -13,539 | Closed |
|
|
ACA
35
Ackerman Capital Advisors
Dallas,
Texas
| – | -$118K | -10,590 | Closed |
|
|
LCM
36
Landscape Capital Management
Englewood,
New Jersey
| – | -$118K | -10,535 | Closed |
|
|
PTC
37
Private Trust Company
Cleveland,
Ohio
| – | -$68K | -6,068 | Closed |
|
|
HNWAG
38
High Net Worth Advisory Group
Naples,
Florida
| – | -$25.7K | -2,300 | Closed |
|
NAZ Hedge Fund Activity: Q1 2023 in Review
33 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q1 2023, worth a combined $13.4M — down 6.5% from $14.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NAZ and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 12 added.
The largest buyer was Wolverine Asset Management, adding an estimated $366K. The largest seller was UBS Group, cutting an estimated $501K.
- 33 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q1 2023, down from 36 in Q4 2022.
- Funds reported $13.4M of Nuveen Arizona Quality Municipal Income Fund stock for Q1 2023, down 6.5% quarter-over-quarter.
- 3 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q1 2023 and 5 closed out, a net change of -2 holders.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q1 2023 was Wolverine Asset Management, an estimated $366K added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q1 2023 was UBS Group, an estimated $501K sold.
Based on aggregated 13F filings for Q1 2023.