Nuveen North Carolina Quality Municipal Income Fund
NNC
NNC was delisted on the 15th of November, 2019.
38 hedge funds and large institutions have $34.7M invested in Nuveen North Carolina Quality Municipal Income Fund in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
21% more capital invested
Capital invested by funds: $28.6M → $34.7M (+$6.1M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 37 → 38 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.4M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$707K |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$695K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$531K |
| 5 |
FM
Family Management
New York
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$367K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$329K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$275K |
| 4 |
SSWM
Smith Salley Wealth Management
Greensboro,
North Carolina
|
-$209K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$154K |
NNC Hedge Fund Activity: Q1 2019 in Review
38 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Nuveen North Carolina Quality Municipal Income Fund (NNC) for Q1 2019, worth a combined $34.7M — up 21% from $28.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NNC positions and 5 closed out — a net gain of 1 holder — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.4M. The largest seller was Hilton Capital Management, exiting entirely with an estimated $367K sold.
- 38 institutional investors held Nuveen North Carolina Quality Municipal Income Fund (NNC) as of Q1 2019, up from 37 in Q4 2018.
- Funds reported $34.7M of Nuveen North Carolina Quality Municipal Income Fund stock for Q1 2019, up 21% quarter-over-quarter.
- 6 funds opened new Nuveen North Carolina Quality Municipal Income Fund positions in Q1 2019 and 5 closed out, a net change of +1 holder.
- The largest Nuveen North Carolina Quality Municipal Income Fund buyer in Q1 2019 was Wells Fargo, an estimated $1.4M added.
- The largest Nuveen North Carolina Quality Municipal Income Fund seller in Q1 2019 was Hilton Capital Management, an estimated $367K sold.
Based on aggregated 13F filings for Q1 2019.