Nuveen North Carolina Quality Municipal Income Fund
NNC
NNC was delisted on the 15th of November, 2019.
32 hedge funds and large institutions have $19.1M invested in Nuveen North Carolina Quality Municipal Income Fund in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 5 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
3% more capital invested
Capital invested by funds: $18.6M → $19.1M (+$513K)
9% less funds holding
Funds holding: 35 → 32 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$273K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$182K |
| 3 |
AWM
Altavista Wealth Management
Asheville,
North Carolina
|
+$131K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$130K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$94.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$675K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$394K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$386K |
| 4 |
LPL Financial
San Diego,
California
|
-$172K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$172K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $74.6K | +$37.5K | +3,017 | +105% |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $72K | – | – | – |
|
28
Creative Planning
Overland Park,
Kansas
| $70K | – | – | – |
|
|
JIR
29
James Investment Research
Alpha,
Ohio
| $62K | – | – | – |
|
|
CFA
30
Carroll Financial Associates
Charlotte,
North Carolina
| $51K | -$6.22K | -500 | -11% |
|
|
NES
31
New England Securities
New York
| $45K | – | – | – |
|
32
Citigroup
New York
| $8K | +$6.69K | +538 | +882% |
|
33
Ameriprise
Minneapolis,
Minnesota
| $1K | +$1.24K | +100 | New |
|
|
VKH
34
Virtu KCG Holdings
New York
| – | -$386K | -32,269 | Closed |
|
|
OFG
35
OTA Financial Group
Purchase,
New York
| – | -$211 | -17,700 | Closed |
|
|
WAM
36
Weiss Asset Management
Boston,
Massachusetts
| – | -$172K | -14,381 | Closed |
|
37
SG Americas Securities
New York
| – | -$166K | -13,848 | Closed |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| – | -$12K | -1,008 | Closed |
|
NNC Hedge Fund Activity: Q1 2014 in Review
32 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Nuveen North Carolina Quality Municipal Income Fund (NNC) for Q1 2014, worth a combined $19.1M — up 2.8% from $18.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NNC and 2 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was AQR Capital Management, adding an estimated $273K. The largest seller was Doliver Advisors, cutting an estimated $675K.
- 32 institutional investors held Nuveen North Carolina Quality Municipal Income Fund (NNC) as of Q1 2014, down from 35 in Q4 2013.
- Funds reported $19.1M of Nuveen North Carolina Quality Municipal Income Fund stock for Q1 2014, up 2.8% quarter-over-quarter.
- 2 funds opened new Nuveen North Carolina Quality Municipal Income Fund positions in Q1 2014 and 5 closed out, a net change of -3 holders.
- The largest Nuveen North Carolina Quality Municipal Income Fund buyer in Q1 2014 was AQR Capital Management, an estimated $273K added.
- The largest Nuveen North Carolina Quality Municipal Income Fund seller in Q1 2014 was Doliver Advisors, an estimated $675K sold.
Based on aggregated 13F filings for Q1 2014.