Nuveen North Carolina Quality Municipal Income Fund
NNC
NNC was delisted on the 15th of November, 2019.
32 hedge funds and large institutions have $17.5M invested in Nuveen North Carolina Quality Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 7 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
6% less capital invested
Capital invested by funds: $18.6M → $17.5M (-$1.13M)
9% less funds holding
Funds holding: 35 → 32 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$282K |
| 2 |
NGA
Naples Global Advisors
Naples,
Florida
|
+$269K |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$204K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$196K |
| 5 |
CFP
Cornerstone Financial Partners
Huntersville,
North Carolina
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$659K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$641K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$608K |
| 4 |
LPL Financial
San Diego,
California
|
-$476K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$405K |
NNC Hedge Fund Activity: Q2 2016 in Review
32 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen North Carolina Quality Municipal Income Fund (NNC) for Q2 2016, worth a combined $17.5M — down 6.1% from $18.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NNC and 4 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 11 added.
The largest buyer was Wells Fargo, adding an estimated $282K. The largest seller was Janney Montgomery Scott, exiting entirely with an estimated $659K sold.
- 32 institutional investors held Nuveen North Carolina Quality Municipal Income Fund (NNC) as of Q2 2016, down from 35 in Q1 2016.
- Funds reported $17.5M of Nuveen North Carolina Quality Municipal Income Fund stock for Q2 2016, down 6.1% quarter-over-quarter.
- 4 funds opened new Nuveen North Carolina Quality Municipal Income Fund positions in Q2 2016 and 7 closed out, a net change of -3 holders.
- The largest Nuveen North Carolina Quality Municipal Income Fund buyer in Q2 2016 was Wells Fargo, an estimated $282K added.
- The largest Nuveen North Carolina Quality Municipal Income Fund seller in Q2 2016 was Janney Montgomery Scott, an estimated $659K sold.
Based on aggregated 13F filings for Q2 2016.