Nuveen Arizona Quality Municipal Income Fund
NAZ
21 hedge funds and large institutions have $7.39M invested in Nuveen Arizona Quality Municipal Income Fund in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 5 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
1.09% less ownership
Funds ownership: 6.26% → 5.17% (-1.1%)
16% less funds holding
Funds holding: 25 → 21 (-4)
23% less capital invested
Capital invested by funds: $9.59M → $7.39M (-$2.2M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$492K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$459K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$316K |
| 4 |
Morgan Stanley
New York
|
+$212K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$42.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.83M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$517K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$364K |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$199K |
| 5 |
LPL Financial
San Diego,
California
|
-$168K |
NAZ Hedge Fund Activity: Q3 2013 in Review
21 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q3 2013, worth a combined $7.39M — down 23% from $9.59M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NAZ and 1 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 7 added.
The largest buyer was Wolverine Asset Management, adding an estimated $492K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $1.83M sold.
- 21 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q3 2013, down from 25 in Q2 2013.
- Funds reported $7.39M of Nuveen Arizona Quality Municipal Income Fund stock for Q3 2013, down 23% quarter-over-quarter.
- 1 fund opened new Nuveen Arizona Quality Municipal Income Fund positions in Q3 2013 and 5 closed out, a net change of -4 holders.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q3 2013 was Wolverine Asset Management, an estimated $492K added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q3 2013 was Sit Investment Associates, an estimated $1.83M sold.
Based on aggregated 13F filings for Q3 2013.