Nuveen Maryland Quality Municipal Income Fund
NMY
NMY was delisted on the 9th of April, 2021.
44 hedge funds and large institutions have $57.5M invested in Nuveen Maryland Quality Municipal Income Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 5 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
1% less capital invested
Capital invested by funds: $58.1M → $57.5M (-$596K)
4% less funds holding
Funds holding: 46 → 44 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.06M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.06M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.73M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$248K |
| 5 |
CHA
Carmichael Hill & Associates
Gaithersburg,
Maryland
|
+$157K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
-$3.51M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.54M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.43M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$784K |
| 5 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$675K |
NMY Hedge Fund Activity: Q3 2019 in Review
44 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Nuveen Maryland Quality Municipal Income Fund (NMY) for Q3 2019, worth a combined $57.5M — down 1% from $58.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NMY and 3 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $5.06M. The largest seller was PenderFund Capital Management, cutting an estimated $3.51M.
- 44 institutional investors held Nuveen Maryland Quality Municipal Income Fund (NMY) as of Q3 2019, down from 46 in Q2 2019.
- Funds reported $57.5M of Nuveen Maryland Quality Municipal Income Fund stock for Q3 2019, down 1% quarter-over-quarter.
- 3 funds opened new Nuveen Maryland Quality Municipal Income Fund positions in Q3 2019 and 5 closed out, a net change of -2 holders.
- The largest Nuveen Maryland Quality Municipal Income Fund buyer in Q3 2019 was Rivernorth Capital Management, an estimated $5.06M added.
- The largest Nuveen Maryland Quality Municipal Income Fund seller in Q3 2019 was PenderFund Capital Management, an estimated $3.51M sold.
Based on aggregated 13F filings for Q3 2019.