Nuveen Arizona Quality Municipal Income Fund
NAZ
35 hedge funds and large institutions have $19.3M invested in Nuveen Arizona Quality Municipal Income Fund in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 8 closing their positions.
32% more capital invested
Capital invested by funds: $14.6M → $19.3M (+$4.69M)
2.45% more ownership
Funds ownership: 13.1% → 15.55% (+2.5%)
13% less funds holding
Funds holding: 40 → 35 (-5)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.97M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$834K |
| 3 |
1W
1776 Wealth
Atlanta,
Georgia
|
+$587K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$268K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$715K |
| 2 |
BC
Bartlett & Co
Cincinnati,
Ohio
|
-$228K |
| 3 |
BCWM
Bartlett & Co Wealth Management
Cincinnati,
Ohio
|
-$228K |
| 4 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$178K |
| 5 |
MIM
Meixler Investment Management
Show Low,
Arizona
|
-$146K |
NAZ Hedge Fund Activity: Q4 2023 in Review
35 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q4 2023, worth a combined $19.3M — up 32% 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 14 trimmed existing stakes and 11 added.
The largest buyer was Saba Capital Management, adding an estimated $2.97M. The largest seller was Morgan Stanley, cutting an estimated $715K.
- 35 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q4 2023, down from 40 in Q3 2023.
- Funds reported $19.3M of Nuveen Arizona Quality Municipal Income Fund stock for Q4 2023, up 32% 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 Morgan Stanley, an estimated $715K sold.
Based on aggregated 13F filings for Q4 2023.