Nuveen Minnesota Quality Municipal Income Fund
16 hedge funds and large institutions have $4.57M invested in Nuveen Minnesota Quality Municipal Income Fund in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
1.77% less ownership
Funds ownership: 8.78% → 7.02% (-1.8%)
18% less capital invested
Capital invested by funds: $5.57M → $4.57M (-$1.01M)
20% less funds holding
Funds holding: 20 → 16 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$90.8K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$22.3K |
| 3 |
Morgan Stanley
New York
|
+$19.1K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$11.2K |
| 5 |
FIA
FNY Investment Advisers
New York
|
+$558 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$473K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$331K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$188K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$164K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$46.7K |
NMS Hedge Fund Activity: Q1 2024 in Review
16 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Nuveen Minnesota Quality Municipal Income Fund (NMS) for Q1 2024, worth a combined $4.57M — down 18% from $5.57M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NMS and 1 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $90.8K. The largest seller was Saba Capital Management, exiting entirely with an estimated $473K sold.
- 16 institutional investors held Nuveen Minnesota Quality Municipal Income Fund (NMS) as of Q1 2024, down from 20 in Q4 2023.
- Funds reported $4.57M of Nuveen Minnesota Quality Municipal Income Fund stock for Q1 2024, down 18% quarter-over-quarter.
- 1 fund opened new Nuveen Minnesota Quality Municipal Income Fund positions in Q1 2024 and 5 closed out, a net change of -4 holders.
- The largest Nuveen Minnesota Quality Municipal Income Fund buyer in Q1 2024 was Commonwealth Equity Services, an estimated $90.8K added.
- The largest Nuveen Minnesota Quality Municipal Income Fund seller in Q1 2024 was Saba Capital Management, an estimated $473K sold.
Based on aggregated 13F filings for Q1 2024.