Nuveen Arizona Quality Municipal Income Fund
NAZ
36 hedge funds and large institutions have $14.4M invested in Nuveen Arizona Quality Municipal Income Fund in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 6 closing their positions.
0.32% less ownership
Funds ownership: 11.42% → 11.1% (-0.32%)
3% less funds holding
Funds holding: 37 → 36 (-1)
13% less capital invested
Capital invested by funds: $16.5M → $14.4M (-$2.19M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$653K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$182K |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$127K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$126K |
| 5 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$660K |
| 2 |
Bank of New York Mellon
New York
|
-$292K |
| 3 |
IGWM
ICA Group Wealth Management
Denver,
Colorado
|
-$178K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$164K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$155K |
NAZ Hedge Fund Activity: Q4 2022 in Review
36 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q4 2022, worth a combined $14.4M — down 13% from $16.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NAZ and 5 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 8 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $653K. The largest seller was LPL Financial, cutting an estimated $660K.
- 36 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q4 2022, down from 37 in Q3 2022.
- Funds reported $14.4M of Nuveen Arizona Quality Municipal Income Fund stock for Q4 2022, down 13% quarter-over-quarter.
- 5 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q4 2022 and 6 closed out, a net change of -1 holder.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q4 2022 was Wolverine Asset Management, an estimated $653K added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q4 2022 was LPL Financial, an estimated $660K sold.
Based on aggregated 13F filings for Q4 2022.