Nuveen Minnesota Quality Municipal Income Fund
13 hedge funds and large institutions have $3.81M invested in Nuveen Minnesota Quality Municipal Income Fund in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
8% more funds holding
Funds holding: 12 → 13 (+1)
0.53% less ownership
Funds ownership: 5.34% → 4.81% (-0.53%)
17% less capital invested
Capital invested by funds: $4.58M → $3.81M (-$773K)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$238K |
| 2 |
WFG
Windsor Financial Group
Minneapolis,
Minnesota
|
+$151K |
| 3 |
Morgan Stanley
New York
|
+$61.4K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$18.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$433K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$314K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$132K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$32K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
1
Sit Investment Associates
Minneapolis,
Minnesota
| $1.97M | -$433K | -29,164 | -17% |
|
|
MPI
2
Mairs & Power Inc
St Paul,
Minnesota
| $525K | – | – | – |
|
|
3
UBS Group
Zurich,
Switzerland
| $267K | -$132K | -8,910 | -32% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $228K | +$238K | +16,047 | New |
|
|
5
Morgan Stanley
New York
| $226K | +$61.4K | +4,131 | +35% |
|
|
NCM
6
Northside Capital Management
Hood River,
Oregon
| $183K | – | – | – |
|
|
WFG
7
Windsor Financial Group
Minneapolis,
Minnesota
| $144K | +$151K | +10,158 | New |
|
8
Bank of America
Charlotte,
North Carolina
| $83K | – | – | – |
|
|
9
Wells Fargo
San Francisco,
California
| $56K | -$314K | -21,119 | -84% |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| $54K | – | – | – |
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| $28K | – | – | – |
|
|
WAM
12
Wolverine Asset Management
Chicago,
Illinois
| $26K | +$18.9K | +1,271 | +203% |
|
13
US Bancorp
Minneapolis,
Minnesota
| $19K | – | – | – |
|
|
14
Creative Planning
Overland Park,
Kansas
| – | -$32K | -2,068 | Closed |
|
NMS Hedge Fund Activity: Q2 2015 in Review
13 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Nuveen Minnesota Quality Municipal Income Fund (NMS) for Q2 2015, worth a combined $3.81M — down 17% from $4.58M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new NMS positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $238K. The largest seller was Sit Investment Associates, cutting an estimated $433K.
- 13 institutional investors held Nuveen Minnesota Quality Municipal Income Fund (NMS) as of Q2 2015, up from 12 in Q1 2015.
- Funds reported $3.81M of Nuveen Minnesota Quality Municipal Income Fund stock for Q2 2015, down 17% quarter-over-quarter.
- 2 funds opened new Nuveen Minnesota Quality Municipal Income Fund positions in Q2 2015 and 1 closed out, a net change of +1 holder.
- The largest Nuveen Minnesota Quality Municipal Income Fund buyer in Q2 2015 was Susquehanna International Group, an estimated $238K added.
- The largest Nuveen Minnesota Quality Municipal Income Fund seller in Q2 2015 was Sit Investment Associates, an estimated $433K sold.
Based on aggregated 13F filings for Q2 2015.