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Nuveen Arizona Quality Municipal Income Fund

35 hedge funds and large institutions have $20.2M invested in Nuveen Arizona Quality Municipal Income Fund in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more capital invested

Capital invested by funds: $14.6M → $20.2M (+$5.55M)

3.14% more ownership

Funds ownership: 13.1%16.24% (+3.1%)

8% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 13

13% less funds holding

Funds holding: 4035 (-5)

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

Holders
35
Holders Change
-5
Holders Change %
-12.5%
% of All Funds
0.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
12
Reduced
13
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$5.09M +$2.97M +295,457 +164%
Morgan Stanley
2
Morgan Stanley
New York
$1.71M +$85.2K +8,484 +6%
LSC
3
Logan Stone Capital
Illinois
$1.69M +$834K +83,044 +111%
MC
4
Matisse Capital
Oregon
$1.59M +$268K +26,718 +22%
WAM
5
Wolverine Asset Management
Illinois
$1.06M +$81.8K +8,149 +9%
CA
6
Cetera Advisors
Colorado
$998K -$57.1K -5,685 -6%
Wells Fargo
7
Wells Fargo
California
$926K -$75.3K -7,498 -8%
RCM
8
Robinson Capital Management
Michigan
$756K +$41K +4,087 +6%
AA
9
AQR Arbitrage
Connecticut
$726K +$89.4K +8,906 +15%
MIM
10
Meixler Investment Management
Arizona
$668K -$146K -14,500 -19%
1W
11
1776 Wealth
Georgia
$625K +$587K +58,403 New
WWM
12
Western Wealth Management
Colorado
$410K +$3.73K +371 +1%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$392K -$9.71K -967 -3%
RJA
14
Raymond James & Associates
Florida
$358K +$28.9K +2,875 +9%
LPL Financial
15
LPL Financial
California
$277K -$37.7K -3,758 -13%
LCM
16
Landscape Capital Management
New Jersey
$272K +$145K +14,404 +132%
BCWM
17
Bartlett & Co Wealth Management
Ohio
$251K -$228K -22,700 -49%
BC
18
Bartlett & Co
Ohio
$250K -$228K -22,700 -49%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$242K +$49.6K +4,939 +28%
Bank of America
20
Bank of America
North Carolina
$229K
MWM
21
Mission Wealth Management
California
$214K
IFG
22
Independent Financial Group
California
$187K -$1.1K -110 -0.6%
AA
23
Alesco Advisors
New York
$153K +$144K +14,300 New
IGWM
24
ICA Group Wealth Management
Colorado
$152K
AC
25
Almitas Capital
California
$128K +$120K +11,964 New

NAZ Hedge Fund Activity: Q4 2023 in Review

35 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q4 2023, worth a combined $20.2M — up 38% from $14.6M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of NAZ and 3 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 12 added.

The largest buyer was Saba Capital Management, adding an estimated $2.97M. The largest seller was Bartlett & Co, cutting an estimated $228K.

  • 35 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q4 2023, down from 40 in Q3 2023.
  • Funds reported $20.2M of Nuveen Arizona Quality Municipal Income Fund stock for Q4 2023, up 38% quarter-over-quarter.
  • 3 funds opened new Nuveen Arizona Quality Municipal Income Fund positions in Q4 2023 and 8 closed out, a net change of -5 holders.
  • The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q4 2023 was Saba Capital Management, an estimated $2.97M added.
  • The largest Nuveen Arizona Quality Municipal Income Fund seller in Q4 2023 was Bartlett & Co, an estimated $228K sold.

Based on aggregated 13F filings for Q4 2023.