Nuveen Maryland Quality Municipal Income Fund
NMY
NMY was delisted on the 9th of April, 2021.
50 hedge funds and large institutions have $54.4M invested in Nuveen Maryland Quality Municipal Income Fund in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
11% more funds holding
Funds holding: 45 → 50 (+5)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
3% less capital invested
Capital invested by funds: $55.9M → $54.4M (-$1.48M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$500K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$206K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$193K |
| 4 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
+$179K |
| 5 |
FC
Financial Consulate
Hunt Valley,
Maryland
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.93M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$908K |
| 3 |
Morgan Stanley
New York
|
-$563K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$425K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$346K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GEM
51
Global Endowment Management
Charlotte,
North Carolina
| – | -$189K | -15,000 | Closed |
|
52
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$28K | -2,256 | Closed |
|
NMY Hedge Fund Activity: Q2 2020 in Review
50 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen Maryland Quality Municipal Income Fund (NMY) for Q2 2020, worth a combined $54.4M — down 2.7% from $55.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NMY positions and 2 closed out — a net gain of 5 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $500K. The largest seller was Saba Capital Management, cutting an estimated $1.93M.
- 50 institutional investors held Nuveen Maryland Quality Municipal Income Fund (NMY) as of Q2 2020, up from 45 in Q1 2020.
- Funds reported $54.4M of Nuveen Maryland Quality Municipal Income Fund stock for Q2 2020, down 2.7% quarter-over-quarter.
- 7 funds opened new Nuveen Maryland Quality Municipal Income Fund positions in Q2 2020 and 2 closed out, a net change of +5 holders.
- The largest Nuveen Maryland Quality Municipal Income Fund buyer in Q2 2020 was Curi RMB Capital, an estimated $500K added.
- The largest Nuveen Maryland Quality Municipal Income Fund seller in Q2 2020 was Saba Capital Management, an estimated $1.93M sold.
Based on aggregated 13F filings for Q2 2020.