Nuveen Minnesota Quality Municipal Income Fund
14 hedge funds and large institutions have $4.82M invested in Nuveen Minnesota Quality Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 2 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
14% more capital invested
Capital invested by funds: $4.21M → $4.82M (+$605K)
0.31% more ownership
Funds ownership: 4.78% → 5.09% (+0.31%)
7% less funds holding
Funds holding: 15 → 14 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
+$176K |
| 2 |
Morgan Stanley
New York
|
+$157K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$121K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$117K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$33.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$170K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$120K |
| 3 |
WRM
Westport Resources Management
Westport,
Connecticut
|
-$30K |
NMS Hedge Fund Activity: Q2 2016 in Review
14 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen Minnesota Quality Municipal Income Fund (NMS) for Q2 2016, worth a combined $4.82M — up 14% from $4.21M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NMS and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 6 added.
The largest buyer was National Planning Corporation, opening a new position worth an estimated $176K. The largest seller was LPL Financial, exiting entirely with an estimated $170K sold.
- 14 institutional investors held Nuveen Minnesota Quality Municipal Income Fund (NMS) as of Q2 2016, down from 15 in Q1 2016.
- Funds reported $4.82M of Nuveen Minnesota Quality Municipal Income Fund stock for Q2 2016, up 14% quarter-over-quarter.
- 1 fund opened new Nuveen Minnesota Quality Municipal Income Fund positions in Q2 2016 and 2 closed out, a net change of -1 holder.
- The largest Nuveen Minnesota Quality Municipal Income Fund buyer in Q2 2016 was National Planning Corporation, an estimated $176K added.
- The largest Nuveen Minnesota Quality Municipal Income Fund seller in Q2 2016 was LPL Financial, an estimated $170K sold.
Based on aggregated 13F filings for Q2 2016.