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Nuveen Minnesota Quality Municipal Income Fund

20 hedge funds and large institutions have $6.78M invested in Nuveen Minnesota Quality Municipal Income Fund in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 4

10% more capital invested

Capital invested by funds: $6.17M → $6.78M (+$613K)

0% more funds holding

Funds holding: 2020 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

0.02% less ownership

Funds ownership: 8.78%8.76% (-0.02%)

Holders
20
Holders Change
Holders Change %
0%
% of All Funds
0.43%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
8
Reduced
4
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$2.14M +$197K +15,280 +11%
WAM
2
Wolverine Asset Management
Illinois
$815K +$21.9K +1,701 +3%
Morgan Stanley
3
Morgan Stanley
New York
$633K +$53.3K +4,143 +10%
MIG
4
Mariner Investment Group
New York
$582K +$261K +20,252 +87%
MPI
5
Mairs & Power Inc
Minnesota
$496K -$55.3K -4,300 -10%
Wells Fargo
6
Wells Fargo
California
$341K +$59.8K +4,645 +22%
AF
7
Advisornet Financial
Minnesota
$331K +$63K +4,897 +25%
LFAS
8
Level Four Advisory Services
Texas
$268K
LCM
9
Landscape Capital Management
New Jersey
$239K -$147K -11,447 -39%
MC
10
Matisse Capital
Oregon
$178K +$171K +13,300 New
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$174K +$38.5K +2,996 +30%
AFS
12
Access Financial Services
Minnesota
$166K +$160K +12,413 New
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$164K +$157K +12,229 New
Northwestern Mutual Wealth Management
14
Northwestern Mutual Wealth Management
Wisconsin
$108K
UBS Group
15
UBS Group
Switzerland
$70K -$96.3K -7,489 -59%
Bank of America
16
Bank of America
North Carolina
$44K +$12.9K +1,000 +44%
JP Morgan Chase
17
JP Morgan Chase
New York
$20K
US Bancorp
18
US Bancorp
Minnesota
$13K
AG
19
Advisor Group
Arizona
$4K -$14.7K -1,140 -79%
SWM
20
SeaCrest Wealth Management
New York
$1K
CRC
21
Curi RMB Capital
Illinois
-$437K -36,004 Closed
SCM
22
Saba Capital Management
New York
-$407K -33,402 Closed
TRCT
23
Tower Research Capital (TRC)
New York
-$17K -1,380 Closed

NMS Hedge Fund Activity: Q1 2019 in Review

20 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Nuveen Minnesota Quality Municipal Income Fund (NMS) for Q1 2019, worth a combined $6.78M — up 9.9% from $6.17M a quarter earlier.

Fund positioning in NMS was balanced in Q1 2019: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 4 trimmed.

The largest buyer was Mariner Investment Group, adding an estimated $261K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $437K sold.

  • 20 institutional investors held Nuveen Minnesota Quality Municipal Income Fund (NMS) as of Q1 2019, unchanged from Q4 2018.
  • Funds reported $6.78M of Nuveen Minnesota Quality Municipal Income Fund stock for Q1 2019, up 9.9% quarter-over-quarter.
  • 3 funds opened new Nuveen Minnesota Quality Municipal Income Fund positions in Q1 2019 and 3 closed out, a net change of 0 holders.
  • The largest Nuveen Minnesota Quality Municipal Income Fund buyer in Q1 2019 was Mariner Investment Group, an estimated $261K added.
  • The largest Nuveen Minnesota Quality Municipal Income Fund seller in Q1 2019 was Curi RMB Capital, an estimated $437K sold.

Based on aggregated 13F filings for Q1 2019.