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Nuveen Arizona Quality Municipal Income Fund

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.

New
Increased
Maintained
Reduced
Closed

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: 2521 (-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

Holders
21
Holders Change
-4
Holders Change %
-16%
% of All Funds
0.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
7
Reduced
3
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.41M +$212K +17,286 +18%
WAM
2
Wolverine Asset Management
Illinois
$1.05M +$492K +40,216 +91%
LPL Financial
3
LPL Financial
California
$900K -$168K -13,705 -16%
U
4
UBS
Switzerland
$755K -$517K -42,257 -41%
DA
5
Doliver Advisors
Texas
$557K -$364K -29,753 -40%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$507K +$459K +37,500 +1,099%
Bank of America
7
Bank of America
North Carolina
$491K +$42.8K +3,493 +10%
KIM
8
Karpus Investment Management
New York
$320K +$316K +25,800 New
WS
9
Wedbush Securities
California
$316K +$3.49K +285 +1%
Wells Fargo
10
Wells Fargo
California
$255K +$3.97K +324 +2%
DWT
11
Dorsey & Whitney Trust
South Dakota
$226K
SB
12
Suntrust Banks
Georgia
$202K
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$110K
Bank of Montreal
14
Bank of Montreal
Ontario, Canada
$76K
TJHA
15
Thomas J. Herzfeld Advisors
Florida
$71K
AIG
16
American International Group
New York
$46.4K
DADC
17
D.A. Davidson & Co
Montana
$39K
TWA
18
TCI Wealth Advisors
Arizona
$24K
Citigroup
19
Citigroup
New York
$23K
WA
20
WealthTrust-Arizona
Arizona
$8K
TRCT
21
Tower Research Capital (TRC)
New York
$7K +$4.34K +355 +145%
SIA
22
Sit Investment Associates
Minnesota
-$1.83M -138,289 Closed
Comerica Bank
23
Comerica Bank
Texas
-$199K -15,000 Closed
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
-$133K -10,064 Closed
OWP
25
Obermeyer Wealth Partners
Colorado
-$24K -1,820 Closed

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.