Nuveen Arizona Quality Municipal Income Fund
NAZ
33 hedge funds and large institutions have $19M invested in Nuveen Arizona Quality Municipal Income Fund in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
1.41% less ownership
Funds ownership: 16.06% → 14.66% (-1.4%)
7% less capital invested
Capital invested by funds: $20.4M → $19M (-$1.46M)
8% less funds holding
Funds holding: 36 → 33 (-3)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$461K |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$394K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$153K |
| 4 |
LPL Financial
San Diego,
California
|
+$139K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$58.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$854K |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$567K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$184K |
| 4 |
IGWM
ICA Group Wealth Management
Denver,
Colorado
|
-$156K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$145K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
26
Allworth Financial
Folsom,
California
| $98.1K | – | – | – |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $69K | +$141 | +13 | +0.2% |
|
28
UBS Group
Zurich,
Switzerland
| $65.3K | +$23.3K | +2,148 | +58% |
|
|
CA
29
CoreCap Advisors
Southfield,
Michigan
| $44.6K | – | – | – |
|
|
BBPWM
30
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $34K | +$33.2K | +3,051 | New |
|
|
HCM
31
Hollencrest Capital Management
Newport Beach,
California
| $31K | – | – | – |
|
|
TIM
32
Tortoise Investment Management
White Plains,
New York
| $2.35K | -$6.5K | -598 | -74% |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| $2.1K | -$854K | -78,633 | -100% |
|
|
LCM
34
Landscape Capital Management
Englewood,
New Jersey
| – | -$184K | -16,729 | Closed |
|
|
IGWM
35
ICA Group Wealth Management
Denver,
Colorado
| – | -$156K | -14,200 | Closed |
|
|
BWP
36
Balboa Wealth Partners
Scottsdale,
Arizona
| – | -$112K | -10,221 | Closed |
|
|
FIA
37
FNY Investment Advisers
New York
| – | -$1 | -100 | Closed |
|
NAZ Hedge Fund Activity: Q2 2024 in Review
33 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q2 2024, worth a combined $19M — down 7.1% from $20.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NAZ and 2 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 14 added.
The largest buyer was Saba Capital Management, adding an estimated $461K. The largest seller was Wolverine Asset Management, cutting an estimated $854K.
- 33 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q2 2024, down from 36 in Q1 2024.
- Funds reported $19M of Nuveen Arizona Quality Municipal Income Fund stock for Q2 2024, down 7.1% quarter-over-quarter.
- 2 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q2 2024 and 4 closed out, a net change of -2 holders.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q2 2024 was Saba Capital Management, an estimated $461K added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q2 2024 was Wolverine Asset Management, an estimated $854K sold.
Based on aggregated 13F filings for Q2 2024.