Nuveen North Carolina Quality Municipal Income Fund
NNC
NNC was delisted on the 15th of November, 2019.
33 hedge funds and large institutions have $21.7M invested in Nuveen North Carolina Quality Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 5 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
4% more capital invested
Capital invested by funds: $20.8M → $21.7M (+$892K)
6% less funds holding
Funds holding: 35 → 33 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$676K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$236K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$108K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$92.4K |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$75.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$969K |
| 2 |
Morgan Stanley
New York
|
-$811K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$462K |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
-$431K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$271K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
First Trust Advisors
Wheaton,
Illinois
| $140K | – | – | – |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $127K | – | – | – |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| $66K | -$39.6K | -3,000 | -38% |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $63K | -$202K | -15,331 | -76% |
|
|
CFA
30
Carroll Financial Associates
Charlotte,
North Carolina
| $53K | +$52.9K | +4,013 | New |
|
|
MFS
31
MSI Financial Services
Springfield,
Massachusetts
| $43K | +$42.8K | +3,241 | New |
|
|
PAM
32
Panagora Asset Management
Boston,
Massachusetts
| $23K | +$5.37K | +407 | +30% |
|
33
Creative Planning
Overland Park,
Kansas
| $21K | -$897 | -68 | -4% |
|
|
34
AQR Capital Management
Greenwich,
Connecticut
| – | -$969K | -74,412 | Closed |
|
|
TC
35
TFS Capital
West Chester,
Pennsylvania
| – | -$462K | -35,471 | Closed |
|
|
VKH
36
Virtu KCG Holdings
New York
| – | -$271K | -20,809 | Closed |
|
|
SSWM
37
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
| – | -$132K | -10,125 | Closed |
|
38
Citigroup
New York
| – | -$1K | -107 | Closed |
|
NNC Hedge Fund Activity: Q1 2015 in Review
33 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Nuveen North Carolina Quality Municipal Income Fund (NNC) for Q1 2015, worth a combined $21.7M — up 4.3% from $20.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NNC and 4 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 14 added.
The largest buyer was Deutsche Bank, adding an estimated $676K. The largest seller was AQR Capital Management, exiting entirely with an estimated $969K sold.
- 33 institutional investors held Nuveen North Carolina Quality Municipal Income Fund (NNC) as of Q1 2015, down from 35 in Q4 2014.
- Funds reported $21.7M of Nuveen North Carolina Quality Municipal Income Fund stock for Q1 2015, up 4.3% quarter-over-quarter.
- 4 funds opened new Nuveen North Carolina Quality Municipal Income Fund positions in Q1 2015 and 5 closed out, a net change of -1 holder.
- The largest Nuveen North Carolina Quality Municipal Income Fund buyer in Q1 2015 was Deutsche Bank, an estimated $676K added.
- The largest Nuveen North Carolina Quality Municipal Income Fund seller in Q1 2015 was AQR Capital Management, an estimated $969K sold.
Based on aggregated 13F filings for Q1 2015.