Nuveen Virginia Quality Municipal Income Fund
NPV
26 hedge funds and large institutions have $14.1M invested in Nuveen Virginia Quality Municipal Income Fund in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 6 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
0.24% less ownership
Funds ownership: 4.1% → 3.87% (-0.24%)
7% less funds holding
Funds holding: 28 → 26 (-2)
8% less capital invested
Capital invested by funds: $15.4M → $14.1M (-$1.22M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$258K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$152K |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$148K |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
+$104K |
| 5 |
LPL Financial
San Diego,
California
|
+$96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$522K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$345K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$279K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$210K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$172K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $15K | +$7.28K | +538 | +94% |
|
27
US Bancorp
Minneapolis,
Minnesota
| $9K | – | – | – |
|
|
28
AQR Capital Management
Greenwich,
Connecticut
| – | -$522K | -39,909 | Closed |
|
|
TC
29
TFS Capital
West Chester,
Pennsylvania
| – | -$279K | -21,320 | Closed |
|
|
VKH
30
Virtu KCG Holdings
New York
| – | -$210K | -16,064 | Closed |
|
|
LCM
31
Landscape Capital Management
Englewood,
New Jersey
| – | -$172K | -13,119 | Closed |
|
|
WAM
32
Wolverine Asset Management
Chicago,
Illinois
| – | -$27K | -2,092 | Closed |
|
33
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$7K | -500 | Closed |
|
NPV Hedge Fund Activity: Q1 2015 in Review
26 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen Virginia Quality Municipal Income Fund (NPV) for Q1 2015, worth a combined $14.1M — down 7.9% from $15.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NPV and 4 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $258K. The largest seller was AQR Capital Management, exiting entirely with an estimated $522K sold.
- 26 institutional investors held Nuveen Virginia Quality Municipal Income Fund (NPV) as of Q1 2015, down from 28 in Q4 2014.
- Funds reported $14.1M of Nuveen Virginia Quality Municipal Income Fund stock for Q1 2015, down 7.9% quarter-over-quarter.
- 4 funds opened new Nuveen Virginia Quality Municipal Income Fund positions in Q1 2015 and 6 closed out, a net change of -2 holders.
- The largest Nuveen Virginia Quality Municipal Income Fund buyer in Q1 2015 was HighTower Advisors, an estimated $258K added.
- The largest Nuveen Virginia Quality Municipal Income Fund seller in Q1 2015 was AQR Capital Management, an estimated $522K sold.
Based on aggregated 13F filings for Q1 2015.