Nuveen Arizona Quality Municipal Income Fund
NAZ
31 hedge funds and large institutions have $12.3M invested in Nuveen Arizona Quality Municipal Income Fund in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
3% more funds holding
Funds holding: 30 → 31 (+1)
1% more capital invested
Capital invested by funds: $12.2M → $12.3M (+$106K)
0.74% more ownership
Funds ownership: 7.8% → 8.54% (+0.74%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$374K |
| 2 |
1W
1776 Wealth
Atlanta,
Georgia
|
+$285K |
| 3 |
Morgan Stanley
New York
|
+$275K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$202K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$158K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$742K |
| 2 |
FM
Family Management
New York
|
-$156K |
| 3 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$135K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$55.3K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$53.9K |
NAZ Hedge Fund Activity: Q1 2020 in Review
31 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q1 2020, worth a combined $12.3M — up 0.87% from $12.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NAZ positions and 3 closed out — a net gain of 3 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Wells Fargo, adding an estimated $374K. The largest seller was Saba Capital Management, cutting an estimated $742K.
- 31 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q1 2020, up from 30 in Q4 2019.
- Funds reported $12.3M of Nuveen Arizona Quality Municipal Income Fund stock for Q1 2020, up 0.87% quarter-over-quarter.
- 6 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q1 2020 and 3 closed out, a net change of +3 holders.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q1 2020 was Wells Fargo, an estimated $374K added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q1 2020 was Saba Capital Management, an estimated $742K sold.
Based on aggregated 13F filings for Q1 2020.