Nuveen Minnesota Quality Municipal Income Fund
12 hedge funds and large institutions have $4.93M invested in Nuveen Minnesota Quality Municipal Income Fund in 2016 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
2% more capital invested
Capital invested by funds: $4.82M → $4.93M (+$109K)
0.08% less ownership
Funds ownership: 5.09% → 5.02% (-0.08%)
14% less funds holding
Funds holding: 14 → 12 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$131K |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
+$86.4K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$53.9K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
+$18.2K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$16.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$183K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$123K |
| 3 |
Morgan Stanley
New York
|
-$59.9K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$11K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
1
Sit Investment Associates
Minneapolis,
Minnesota
| $2.55M | +$131K | +7,709 | +6% |
|
|
MPI
2
Mairs & Power Inc
St Paul,
Minnesota
| $655K | – | – | – |
|
|
3
Morgan Stanley
New York
| $297K | -$59.9K | -3,518 | -17% |
|
4
JP Morgan Chase
New York
| $273K | – | – | – |
|
|
NPC
5
National Planning Corporation
El Segundo,
California
| $262K | +$86.4K | +5,070 | +47% |
|
|
WFG
6
Windsor Financial Group
Minneapolis,
Minnesota
| $180K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $177K | -$123K | -7,241 | -42% |
|
|
8
Bank of America
Charlotte,
North Carolina
| $173K | +$16.1K | +945 | +11% |
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| $166K | – | – | – |
|
|
10
Wells Fargo
San Francisco,
California
| $81K | +$53.9K | +3,163 | +224% |
|
|
LTFS
11
Ladenburg Thalmann Financial Services
Miami,
Florida
| $67K | – | – | – |
|
|
12
US Bancorp
Minneapolis,
Minnesota
| $46K | +$18.2K | +1,070 | +71% |
|
|
RJFSA
13
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$183K | -10,789 | Closed |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | -$11K | -660 | Closed |
|
NMS Hedge Fund Activity: Q3 2016 in Review
12 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen Minnesota Quality Municipal Income Fund (NMS) for Q3 2016, worth a combined $4.93M — up 2.3% from $4.82M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NMS and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was Sit Investment Associates, adding an estimated $131K. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $183K sold.
- 12 institutional investors held Nuveen Minnesota Quality Municipal Income Fund (NMS) as of Q3 2016, down from 14 in Q2 2016.
- Funds reported $4.93M of Nuveen Minnesota Quality Municipal Income Fund stock for Q3 2016, up 2.3% quarter-over-quarter.
- 0 funds opened new Nuveen Minnesota Quality Municipal Income Fund positions in Q3 2016 and 2 closed out, a net change of -2 holders.
- The largest Nuveen Minnesota Quality Municipal Income Fund buyer in Q3 2016 was Sit Investment Associates, an estimated $131K added.
- The largest Nuveen Minnesota Quality Municipal Income Fund seller in Q3 2016 was Raymond James Financial Services Advisors, an estimated $183K sold.
Based on aggregated 13F filings for Q3 2016.