Nuveen Arizona Quality Municipal Income Fund
NAZ
28 hedge funds and large institutions have $13M invested in Nuveen Arizona Quality Municipal Income Fund in 2025 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 5 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
10% more capital invested
Capital invested by funds: $11.9M → $13M (+$1.16M)
0.3% more ownership
Funds ownership: 8.63% → 8.93% (+0.3%)
13% less funds holding
Funds holding: 32 → 28 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$814K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$431K |
| 3 |
Morgan Stanley
New York
|
+$136K |
| 4 |
DWM
Diversify Wealth Management
Sandy,
Utah
|
+$75.2K |
| 5 |
KWA
Kingswood Wealth Advisors
San Diego,
California
|
+$47.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Alesco Advisors
Pittsford,
New York
|
-$141K |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$140K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$87.9K |
| 4 |
KFI
Key Financial Inc
West Chester,
Pennsylvania
|
-$60.6K |
| 5 |
AG
AmeriFlex Group
Las Vegas,
Nevada
|
-$51.5K |
NAZ Hedge Fund Activity: Q4 2025 in Review
28 of the 8,226 institutional investors tracked by Wall St. Rank reported a position in Nuveen Arizona Quality Municipal Income Fund (NAZ) for Q4 2025, worth a combined $13M — up 9.8% from $11.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NAZ and 1 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 11 added.
The largest buyer was LPL Financial, adding an estimated $814K. The largest seller was Alesco Advisors, exiting entirely with an estimated $141K sold.
- 28 institutional investors held Nuveen Arizona Quality Municipal Income Fund (NAZ) as of Q4 2025, down from 32 in Q3 2025.
- Funds reported $13M of Nuveen Arizona Quality Municipal Income Fund stock for Q4 2025, up 9.8% quarter-over-quarter.
- 1 fund opened new Nuveen Arizona Quality Municipal Income Fund positions in Q4 2025 and 5 closed out, a net change of -4 holders.
- The largest Nuveen Arizona Quality Municipal Income Fund buyer in Q4 2025 was LPL Financial, an estimated $814K added.
- The largest Nuveen Arizona Quality Municipal Income Fund seller in Q4 2025 was Alesco Advisors, an estimated $141K sold.
Based on aggregated 13F filings for Q4 2025.