Nuveen Minnesota Quality Municipal Income Fund
15 hedge funds and large institutions have $4.21M invested in Nuveen Minnesota Quality Municipal Income Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
7% more funds holding
Funds holding: 14 → 15 (+1)
0.48% less ownership
Funds ownership: 5.26% → 4.78% (-0.48%)
1% less capital invested
Capital invested by funds: $4.28M → $4.21M (-$62K)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$165K |
| 2 |
LPL Financial
San Diego,
California
|
+$161K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$101K |
| 4 |
WRM
Westport Resources Management
Westport,
Connecticut
|
+$28.6K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$8.68K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$408K |
| 2 |
LCM
Laurion Capital Management
New York
|
-$221K |
| 3 |
Morgan Stanley
New York
|
-$101K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$53.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$39.6K |
NMS Hedge Fund Activity: Q1 2016 in Review
15 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Nuveen Minnesota Quality Municipal Income Fund (NMS) for Q1 2016, worth a combined $4.21M — down 1.5% from $4.28M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NMS positions and 3 closed out — a net gain of 1 holder — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $165K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $408K sold.
- 15 institutional investors held Nuveen Minnesota Quality Municipal Income Fund (NMS) as of Q1 2016, up from 14 in Q4 2015.
- Funds reported $4.21M of Nuveen Minnesota Quality Municipal Income Fund stock for Q1 2016, down 1.5% quarter-over-quarter.
- 4 funds opened new Nuveen Minnesota Quality Municipal Income Fund positions in Q1 2016 and 3 closed out, a net change of +1 holder.
- The largest Nuveen Minnesota Quality Municipal Income Fund buyer in Q1 2016 was Raymond James Financial Services Advisors, an estimated $165K added.
- The largest Nuveen Minnesota Quality Municipal Income Fund seller in Q1 2016 was Susquehanna International Group, an estimated $408K sold.
Based on aggregated 13F filings for Q1 2016.