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Nuveen Arizona Quality Municipal Income Fund

25 hedge funds and large institutions have $8.73M invested in Nuveen Arizona Quality Municipal Income Fund in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 1

167% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 3

19% more funds holding

Funds holding: 2125 (+4)

18% more capital invested

Capital invested by funds: $7.39M → $8.73M (+$1.34M)

1.06% more ownership

Funds ownership: 5.17%6.23% (+1.1%)

Holders
25
Holders Change
+4
Holders Change %
+19.05%
% of All Funds
0.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
8
Reduced
3
Closed
1
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 +$34K +2,798 +2%
WAM
2
Wolverine Asset Management
Illinois
$1.28M +$257K +21,132 +25%
U
3
UBS
Switzerland
$872K +$134K +11,024 +18%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$782K +$287K +23,610 +58%
LPL Financial
5
LPL Financial
California
$686K -$213K -17,497 -24%
DA
6
Doliver Advisors
Texas
$680K +$136K +11,163 +25%
HS
7
HighVista Strategies
Massachusetts
$590K +$593K +48,717 New
WS
8
Wedbush Securities
California
$348K +$38.9K +3,200 +13%
Bank of America
9
Bank of America
North Carolina
$312K -$169K -13,856 -35%
AQR Capital Management
10
AQR Capital Management
Connecticut
$312K +$313K +25,743 New
KIM
11
Karpus Investment Management
New York
$283K -$29.8K -2,449 -9%
Wells Fargo
12
Wells Fargo
California
$272K +$22.1K +1,817 +9%
TC
13
TFS Capital
Pennsylvania
$247K +$248K +20,351 New
DWT
14
Dorsey & Whitney Trust
South Dakota
$221K
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$108K
Bank of Montreal
16
Bank of Montreal
Ontario, Canada
$74K
TJHA
17
Thomas J. Herzfeld Advisors
Florida
$69K
AIG
18
American International Group
New York
$45.4K
DADC
19
D.A. Davidson & Co
Montana
$38K
TWA
20
TCI Wealth Advisors
Arizona
$24K
Citigroup
21
Citigroup
New York
$22K
BFEC
22
Benjamin F. Edwards & Company
Missouri
$19K +$19.5K +1,600 New
Creative Planning
23
Creative Planning
Kansas
$16K +$16.1K +1,321 New
TRCT
24
Tower Research Capital (TRC)
New York
$13K +$5.79K +476 +79%
WA
25
WealthTrust-Arizona
Arizona
$8K

NAZ Hedge Fund Activity: Q4 2013 in Review

25 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q4 2013, worth a combined $8.73M — up 18% from $7.39M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new NAZ positions and 1 closed out — a net gain of 4 holders — while 8 added to existing stakes and 3 trimmed.

The largest buyer was HighVista Strategies, opening a new position worth an estimated $593K. The largest seller was LPL Financial, cutting an estimated $213K.

  • 25 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q4 2013, up from 21 in Q3 2013.
  • Funds reported $8.73M of Nuveen Arizona Quality Municipal Income Fund stock for Q4 2013, up 18% quarter-over-quarter.
  • 5 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q4 2013 and 1 closed out, a net change of +4 holders.
  • The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q4 2013 was HighVista Strategies, an estimated $593K added.
  • The largest Nuveen Arizona Quality Municipal Income Fund seller in Q4 2013 was LPL Financial, an estimated $213K sold.

Based on aggregated 13F filings for Q4 2013.