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Nuveen Minnesota Quality Municipal Income Fund

20 hedge funds and large institutions have $6.17M invested in Nuveen Minnesota Quality Municipal Income Fund in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

25% more funds holding

Funds holding: 1620 (+4)

22% more capital invested

Capital invested by funds: $5.06M → $6.17M (+$1.11M)

1.94% more ownership

Funds ownership: 6.85%8.78% (+1.9%)

Holders
20
Holders Change
+4
Holders Change %
+25%
% of All Funds
0.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
4
Reduced
3
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$1.75M
WAM
2
Wolverine Asset Management
Illinois
$717K +$403K +33,015 +126%
Morgan Stanley
3
Morgan Stanley
New York
$523K +$324K +26,574 +161%
MPI
4
Mairs & Power Inc
Minnesota
$501K
CRC
5
Curi RMB Capital
Illinois
$437K +$439K +36,004 New
SCM
6
Saba Capital Management
New York
$407K +$408K +33,402 New
LCM
7
Landscape Capital Management
New Jersey
$355K +$357K +29,248 New
MIG
8
Mariner Investment Group
New York
$282K +$283K +23,174 New
Wells Fargo
9
Wells Fargo
California
$252K -$414K -33,882 -62%
LFAS
10
Level Four Advisory Services
Texas
$242K
AF
11
Advisornet Financial
Minnesota
$240K +$98.2K +8,043 +69%
UBS Group
12
UBS Group
Switzerland
$154K +$52.3K +4,285 +51%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$121K -$38.4K -3,150 -24%
Northwestern Mutual Wealth Management
14
Northwestern Mutual Wealth Management
Wisconsin
$97K +$98.1K +8,034 New
Bank of America
15
Bank of America
North Carolina
$28K -$21.4K -1,756 -43%
JP Morgan Chase
16
JP Morgan Chase
New York
$18K
AG
17
Advisor Group
Arizona
$18K +$17.7K +1,450 New
TRCT
18
Tower Research Capital (TRC)
New York
$17K +$16.8K +1,380 New
US Bancorp
19
US Bancorp
Minnesota
$12K
SWM
20
SeaCrest Wealth Management
New York
$1K
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
-$373K -29,405 Closed
LPL Financial
22
LPL Financial
California
-$291K -22,768 Closed
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
-$19K -1,517 Closed

NMS Hedge Fund Activity: Q4 2018 in Review

20 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Nuveen Minnesota Quality Municipal Income Fund (NMS) for Q4 2018, worth a combined $6.17M — up 22% from $5.06M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new NMS positions and 3 closed out — a net gain of 4 holders — while 4 added to existing stakes and 3 trimmed.

The largest buyer was Curi RMB Capital, opening a new position worth an estimated $439K. The largest seller was Wells Fargo, cutting an estimated $414K.

  • 20 institutional investors held Nuveen Minnesota Quality Municipal Income Fund (NMS) as of Q4 2018, up from 16 in Q3 2018.
  • Funds reported $6.17M of Nuveen Minnesota Quality Municipal Income Fund stock for Q4 2018, up 22% quarter-over-quarter.
  • 7 funds opened new Nuveen Minnesota Quality Municipal Income Fund positions in Q4 2018 and 3 closed out, a net change of +4 holders.
  • The largest Nuveen Minnesota Quality Municipal Income Fund buyer in Q4 2018 was Curi RMB Capital, an estimated $439K added.
  • The largest Nuveen Minnesota Quality Municipal Income Fund seller in Q4 2018 was Wells Fargo, an estimated $414K sold.

Based on aggregated 13F filings for Q4 2018.