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Nuveen Arizona Quality Municipal Income Fund

30 hedge funds and large institutions have $11.8M invested in Nuveen Arizona Quality Municipal Income Fund in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

100% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 3

77% more capital invested

Capital invested by funds: $6.64M → $11.8M (+$5.13M)

25% more funds holding

Funds holding: 2430 (+6)

3.66% more ownership

Funds ownership: 4.22%7.87% (+3.7%)

Holders
30
Holders Change
+6
Holders Change %
+25%
% of All Funds
0.69%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
6
Reduced
3
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LCM
1
Laurion Capital Management
New York
$4.11M +$4.14M +321,651 New
Morgan Stanley
2
Morgan Stanley
New York
$1.13M +$21.5K +1,665 +2%
AG
3
Advisor Group
Arizona
$856K +$83.7K +6,500 +11%
Bank of America
4
Bank of America
North Carolina
$690K +$47.5K +3,690 +7%
WAM
5
Wolverine Asset Management
Illinois
$669K +$674K +52,284 New
CRC
6
Curi RMB Capital
Illinois
$603K +$607K +47,119 New
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$530K +$369K +28,626 +223%
UBS Group
8
UBS Group
Switzerland
$479K -$587K -45,538 -55%
LCM
9
Landscape Capital Management
New Jersey
$408K +$411K +31,883 New
FMWA
10
Forvis Mazars Wealth Advisors
Missouri
$371K
Wells Fargo
11
Wells Fargo
California
$370K -$68.2K -5,290 -15%
WS
12
Wedbush Securities
California
$243K
DWT
13
Dorsey & Whitney Trust
South Dakota
$234K
NCM
14
Northside Capital Management
Oregon
$234K
PAG
15
Private Advisor Group
New Jersey
$169K -$75.6K -5,866 -31%
DA
16
Doliver Advisors
Texas
$138K +$139K +10,756 New
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$120K +$51.5K +3,998 +74%
GWM
18
Geneos Wealth Management
Colorado
$97K +$155 +12 +0.2%
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$67K
SWM
20
SeaCrest Wealth Management
New York
$67K
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$52K
AIM
22
Advantage Investment Management
Iowa
$33K +$33.5K +2,602 New
GI
23
Gradient Investments
Minnesota
$25K
ACS
24
Archford Capital Strategies
Illinois
$22K
PO
25
Private Ocean
California
$15K

NAZ Hedge Fund Activity: Q2 2018 in Review

30 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q2 2018, worth a combined $11.8M — up 77% from $6.64M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new NAZ positions and 3 closed out — a net gain of 6 holders — while 6 added to existing stakes and 3 trimmed.

The largest buyer was Laurion Capital Management, opening a new position worth an estimated $4.14M. The largest seller was UBS Group, cutting an estimated $587K.

  • 30 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q2 2018, up from 24 in Q1 2018.
  • Funds reported $11.8M of Nuveen Arizona Quality Municipal Income Fund stock for Q2 2018, up 77% quarter-over-quarter.
  • 9 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q2 2018 and 3 closed out, a net change of +6 holders.
  • The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q2 2018 was Laurion Capital Management, an estimated $4.14M added.
  • The largest Nuveen Arizona Quality Municipal Income Fund seller in Q2 2018 was UBS Group, an estimated $587K sold.

Based on aggregated 13F filings for Q2 2018.