Nuveen Arizona Quality Municipal Income Fund
NAZ
17 hedge funds and large institutions have $7.71M invested in Nuveen Arizona Quality Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 6 closing their positions.
1.92% less ownership
Funds ownership: 5.79% → 3.87% (-1.9%)
23% less funds holding
Funds holding: 22 → 17 (-5)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
28% less capital invested
Capital invested by funds: $10.7M → $7.71M (-$3.02M)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$317K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$112K |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$129 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.41M |
| 2 |
ACI
Alpha Cubed Investments
Irvine,
California
|
-$1.31M |
| 3 |
HS
HighVista Strategies
Boston,
Massachusetts
|
-$780K |
| 4 |
AIG
American International Group
New York
|
-$289K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$251K |
NAZ Hedge Fund Activity: Q2 2016 in Review
17 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q2 2016, worth a combined $7.71M — down 28% from $10.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NAZ and 1 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Bank of America, adding an estimated $317K. The largest seller was LPL Financial, cutting an estimated $1.41M.
- 17 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q2 2016, down from 22 in Q1 2016.
- Funds reported $7.71M of Nuveen Arizona Quality Municipal Income Fund stock for Q2 2016, down 28% quarter-over-quarter.
- 1 fund opened new Nuveen Arizona Quality Municipal Income Fund positions in Q2 2016 and 6 closed out, a net change of -5 holders.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q2 2016 was Bank of America, an estimated $317K added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q2 2016 was LPL Financial, an estimated $1.41M sold.
Based on aggregated 13F filings for Q2 2016.